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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (4725)	7/17/1998 9:05:00 PM
From: agiak	Read Replies (1) \| Respond to of 12617

GRDN VOLUME EXPLOSION!!!!!!

To: Tom Hua who wrote (4725)	7/18/1998 1:29:00 PM
From: steve goldman	Read Replies (1) \| Respond to of 12617

Tom, If you follow my stance and philosophy on execution and commissions, its pretty simple. Like anything in this world, you get what you pay for. Sure you can find a Lexus 400, the same car at $40k and $42 and there may or may not be a distinction between the services, other benefits of the $42k, but if someone said they have a Lexus 400 for $15k, brand new, you are probably paying someother way or not getting what you should. Unlimited trades for fixed fee...forget it. i think Afhauser does that. Gary Smith's article mentions his experiences with them. Any decent execution is worth its weight in gold. And they dont come cheap. TAKING a CYBERTRADER OR MBTRADING out of the picture because they are entirely self directed, lets call them 'direct entry' systems, most firms arenot giving you great value although they might offer $10 buck commissions or 'commissionless trading'. You should check our Gary's Smiths article Penny Wise-Pound Foolish. It addresses this very issue. If you would like to check it out, let me know, I'll email you a URL or clips of it. Its also a good article regarding disciplined trading. Regards, Steve@yamner.com