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Non-Tech : Action Direct - Royal Bank Brokerage -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (144)	1/29/2001 4:10:59 PM
From: Sultan	Read Replies (2) \| Respond to of 175

OT.. I read some where, and I am trying to find the damn paper; it was either Vancouver Sun or National Post.. A new discount brokerage firm is about to enter the market in Canada.. Online trading is supposed to be 22.50 for upto 1000 shares or .02 per share flat fee.. Let's hope we get a bit more competition..

To: Canuck Dave who wrote (144)	1/29/2001 4:19:21 PM
From: Greg from Edmonton	Read Replies (1) \| Respond to of 175

The solution is to use a limit order, I always use limit orders. That way I always know the maximum I will pay to buy a stock, or the minimum I will accept to sell. You could specify a limit order, with the limit above the ask. For your example say you want to buy stock. If the ask was $22.30 then specify a limit of $22.40 instead of "market" order. The limit might need to be set higher if the stock has upwards momentum, however.