Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Pdolphin who wrote (9017)	7/10/1998 9:55:00 AM
From: Larry Voyles	Read Replies (1) \| Respond to of 16892

Yes, that's one of the things that keeps me at Datek. You can immediately use funds from a sale. I also believe that margin interest is charged on your closing balance, so you get "free" use of margin to daytrade. I could be wrong about that, so hopefully somebody else can confirm what I said or set me straight. Datek is one of the better places to daytrade as far as funds management goes. I'll leave it up to others to comment on how well they fill.