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

To: steve goldman who wrote (775)6/8/1998 2:16:00 PM
From: Philip R Berber  Respond to of 3216
 
I agree with you Steve, that's a huge volume. Yet there are "old" SOES bandit style traders out there still doing that sort of volume.
None of CyBerBroker's customers are!
Nor would I encourage them too !
Yet do consider that there are basket trading strategies where people are buying and or selling "batches" of stocks at the one time which can inflate the daily volumes of transactions

PRB
CyBerCorp



To: steve goldman who wrote (775)6/8/1998 3:40:00 PM
From: Darren  Read Replies (1) | Respond to of 3216
 
No, Steve, I said that "if you do 4,000 trades a month, you get the best commission, $14.95." Here's the message...
Message 4736475

About 7 trades in the time it took to write this, every day, all day for a month.

It's possible, especially if you buy 3,000 shares via SOES in 1,000 share lots. That's 3 trades in and three trades out. I've seen people do 400 trades a day and make big bucks...I just wouldn't recommend it as a strategy...


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