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


To: BrooksR who wrote (441)4/29/1998 8:39:00 PM
From: William W. Dwyer, Jr.  Respond to of 3216
 
Brooks,

I thought it was fairly obvious that I use CyberBroker (who offers CyberTrader) for most of my daytrading at this time, since February this year.

I still have an account at Datek Online that I use for certain types of trades, position trades that I keep for a few days to two weeks or so. Datek also offers bulletin board stocks and stocks otherwise not able to trade at CyberBroker. You can daytrade with Datek, but scalps are difficult and they have some problems during first hour of market open.

I have IRA's at Fidelity Investments. They offer Spartan Gold Circle accounts if you trade fairly actively and the commissions are, in fact, lower than CyberBroker. However, the executions are such that I do not consider Fidelity effective for daytrading. With Fidelity, I trade using their Fox Plus software for Win95. Their website is just entirely too slow for me. Lots of stuff to look at, though.

Bill