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Non-Tech : Online Trading -- Ignore unavailable to you. Want to Upgrade?


To: Winston Kim who wrote (12)4/23/1998 9:05:00 PM
From: Greta Mc  Respond to of 49
 
I'm tending to agree with you--a few online accounts may be the best solution.

Thanks for the suggestion and happy trading

Greta



To: Winston Kim who wrote (12)4/29/1998 2:10:00 PM
From: Dave Block  Respond to of 49
 
If commission is not a concern of yours look for an online broker that does not sell their order flow. Meaning look for a brokerage house that offers you a choice other than just the BID or OFFER. You can ask the brokerage house if they use that practice or not. They will also tell you that it is a common practice and is not against the law. This is true but they are just rapping you with the spread that the market maker takes when he executes your order. If you get filled at a price of $50 and you see a confirmation with this price it does not always mean that the Mmaker paid that. If he got the stock at 49 3/4 he just made $250 dollars on your $8 trade.