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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: jawd who wrote (1202)6/30/1998 9:23:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 2120
 
jawd, A curious question for all day traders using level ii etc.. do you guys play your trade through a normal online broker IE: ameritrade, schaub, webstreet etc?
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Really no sense in trying to use level-II with a web broker.
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You need an internet application program like RealTick III from MB Trading. It includes level-II screens that integrate an order button.

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Please explain. I am trying to make a decision (and a procrastinator am I!!) I have an adequate Level II screen and I have two or three on-line discount brokers, as well as a few of the "old fashioned" voice/telehone brokers (g).
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I have been using the Web Based trading more and more in the past two months. I might skip a few days, and then I might do 5 or 10 tickets one day. Just futsin' around, learning as I go.
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I am considering opening an account at MB Traders, or All-Tech, or maybe using an unfunded account at Castle Sec. So my question to you is **WHY** do "You need an internet application program like RealTick III from MB Trading. It includes level-II screens that integrate an order button?
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What's WRONG with using say an Ameritrade? or Wall Street Access?
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I hope any replies will help me decide if it is time for me to add another brokerage account (and which one).
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Colin