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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Albert V who wrote (16857)	9/3/2003 7:41:43 PM
From: Eric P	Respond to of 18137

Hello, I need advice- what is the best internet discount trading firm? I need one that can do short sales effortlessly. What about Ameritrade, E-Trade, etc? Also, what does Level 2 NAsdaq get me? AlbertV I don't think anyone will be able to give you much help without your providing more information. How often do you plan to trade (trades/month)? How long do you hold positions (minutes/hours/days/weeks/ months)? The 'ideal' trading firm for an active trader is very different than the best firm for someone that might make a few transactions per month. Assuming that you are only making a few transactions per month, E*Trade, Ameritrade or the like should be adequate for your needs. As you trade more actively, commission rates, available routes, software etc. become much more important. -Eric