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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dave Shares who wrote (1235)10/14/1998 6:14:00 PM
From: SpecialK  Read Replies (1) | Respond to of 43080
 
I am looking for a new broker. I'm open to hear suggestions from everyone. I currently use Ameritrade. I am not happy with their slow confirmations on executions and slow system to go from one page to the next. Also, if their system is slow and you call to place an order, you'll pay up to $18 vs. advertised $8 for online. They are expensive for options imo at $25 + 1.75 per option.

I like Dreyfus, formerly Pacific Brokerage. Very fast executions. Options are 1.75 per contract min 15, but if you trade 10 that is 17.50 vs. 42.50 with Ameritrade.

The only thing I like about Ameritrade is they have given me authority to do spreads on options with $5K in the account.

So, I'm looking and I have seen the SmartMoney article and Gomez' evaluation. I'm looking for the common man's opinion and you are the common man, with respect.

So, Thanks for your help.



To: Dave Shares who wrote (1235)10/14/1998 10:26:00 PM
From: LastShadow  Read Replies (3) | Respond to of 43080
 
Sorry, just got home.

Still running the nets and TA and end of day look-see's, butI won't be posting anythihng as most of the watch list for today is still valid so faR.

Although I did tell my wife at dinner how much I enjoyed trading vs going to work, and how I made some decent calls and was doing alot less risky plays lately and why I should maybe try it for awhile....

She listened patiently, smiled and said, "Yes, you are good at it. Did you like the escargot?"

Actually, I didn't...sort of tasted like mid-life dissatisfaction...