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


To: Scot S who wrote (1081)8/3/1998 4:58:00 PM
From: Loci  Read Replies (2) | Respond to of 3216
 
Hello all.

Well, I traded some more today...it was my third partial day of trading. I lost some on
the first two days, but gained some of it back today. One of my losses on Friday was
due to an internet problem...I was up 1/4, only to unknowingly lose my connection
and end up getting out down 3/16! That was a little frustrating, but not CyberCorp.'s
responsibility.

Generally, I am very pleased with CyberCorp., and everyone there. I upgraded from
CyberT 1.2b to CyberTrader 1.6b, and am very happy I did. I really like having the
Island Book.

Also on Friday, I wanted to short QWST, but it wasn't on the short list that morning. I
didn't need to leave the program. All I did was type the request into the
communicator window (right off the main menu bar). I got a response that the
clearing firm had 1000 shares in about two minutes (maybe even less). I was fairly
impressed by this.

My only complaint (and this does not fall only on CyberCorp., but every
broker/dealer I have encountered, is in regards to fees and commissions. Make no
mistake, Cyber is clearer and more definitive than anyone else on this seemingly
complicated subject. I still don't quite understand it; in particular to partial fills on
Island. Several times I get a partial fill on an Island bid, and then the price moves
away. I want to complete the fill, but have to enter a new order, and no doubt get
charged again....blech...

If anyone can clarify this for me, and give me pointers on how to keep these costs
down, I would certainly appreciate it.

Loci