Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Jimmie Landerman who wrote (5662)	10/28/1997 6:11:00 PM
From: Esteban	Read Replies (1) \| Respond to of 16892

Jimmie, those of us who use Datek for daytrading fast moving stocks became spoiled by the consistent 10 or less second execution we usually got up until 2 months ago. The price then was $9.99, so we don't want to pay $30 now for what we already had. The posts here by Datek heavies like Peter Stern suggest Datek will only get better, not worse. Systems are available now for $20-25 that offer instant executions ordered right off the level II qoute screens at the click of a mouse. For daytraders commissions are significant overhead to overcome everyday, and keeping a sharp eye on expenses keeps those of us who are trying to succeed at this very difficult form of trading in the game while we develop/test our strategies. Most of those that succeed on a regular basis probably move on to more expensive, more reliable and faster order systems. Datek, make it like it was before! PLEASE