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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (262)	5/3/1998 1:58:00 AM
From: Gil Gilbertson	Read Replies (1) \| Respond to of 1848

You do whatever serves your personal needs, even if it is unjustified imo. Ameritrade transferred their confirms to the fastest servers last week and have solved the confirm problem. I have done 6 market trades since and none took over 3 minutes to confirm . They are doing additional upgrading today and tomorrow. I believe they have a great trading format and they are responding to every request I have made, which have all been responsible and justified comments. On Thurs. nite I put in two sell at market orders on Jan99 Leaps against a position I hold long to protect my profit. I placed two with Etrade also, identical orders. Fri morning they both confirmed rapidly, but Etrade confirmed at 8.75 while Ameritrade confirmed at 9.125 . The only reason I can ascertain is that my order with Ameritrade was stamped earlier than Etrade so the market maker at Etrade took advantage of the sell orders and downticked. I really dont call that cheating and I think the use of such language on these threads makes us all sound like a bunch of novices. If you really have a time stamped problem, then address it in a business like manner in writing or at least email. Keep a record of all ensuing correspondence and submit to the exchange if not satisfied or just keep transferring your account everytime you have a problem and contribute nothing to the improvement of online trading. Good Luck...Gil

To: put2rich who wrote (262)	7/16/1998 12:05:00 AM
From: Michael Turner	Read Replies (1) \| Respond to of 1848

IMHO, the only way to go is direct access trading with a professional trading platform. Using a web browser to route orders to a broker is slow...very, very slow, and will cost you a bundle in the long run if you actively trade. The $300+/- per month that you will pay for one of the services that offers real time data, real time account management, direct order routing to the market makers, specialists and ECNs will be FAR less than you are losing/leaving on the table with a web-browser based discount broker. Michael Turner Author DayTrading into the Millennium tradersresource.com