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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Gary Metzer who wrote (63174)9/2/1998 11:19:00 AM
From: divvie  Read Replies (1) | Respond to of 176387
 
**OT** Schwab Vs. Datek:
I completely agree with you on the cost vs. service issue. I was day trading in my Datek account and did so well that and for so little commission cost, even though my Schwab account had long term positions in DELL, MSFT and LU, that I almost transferred my holdings from Schwab to Datek. My reasoning was that I would not have day traded at $29.95 per trade under 1000 shares (and much more for more than 1000) but I would for $9.99 a trade under 5000 shares. Seeing as my day trading was getting me the biggest gains I was ready to close my Schwab account. Luckily I didn't. After a period of investigation, I started trading options with Schwab and now its worth more than my Datek account. I regularly get filled at a better price than my limit with Schwab. This never happened with Datek. Now all I want to do is trade options so unless Datek make this available soon, I'll be transferring all my holdings to Schwab!