To: peter michaelson who wrote (1543 ) 10/25/1998 2:31:00 AM From: Joseph H. Leiti Respond to of 7382
Peter, I'm not really familiar with JPR Capital so I really couldn't say. As far as commissions go though, anymore I don't believe thats the answer. (Oh it counts, I guess esp if your scalping during the day). But if you can get a better fill, even by a 1/16 (62.50 on 1000 shares), does it really matter ?? If you do (I think it's) 20 round trips a month, they give you the feed, discount the commission, give you a real time platform to work off of, blinding speed ... come to think of it I think I'd be suspicious if they gave anymore. How about profit sharing in Terra Nova itself. I'm just being a smart @#$$ :). I'm still paying the 200 for the service, but I'd gladly pay the extra 10 bucks (as opposed to an internet site) for this service and hope they'll put some of it to further enhancing the service. So far in my opinion, I see it as being one of the top 2 trading platforms out there, IF NOT THE BEST. Really couldn't say cause I haven't tried the other(s). But as they're competing I would think they'll be neck and neck in the long run. And if all things are basically equal, I believe in a little "product loyalty" and expect a little "customer satisfaction" (fix the total columns for those of us who hold positions over night ie., from our entry point. I don't see why the confirms can't be tagged to the spreadsheets profit column or new entry column. Just not complete without it.) But that aside I also wouldn't want them to cut commissions and fees so far as to jeopardize what we have at this point !! We have a good solid service, I trade well enough to absorb the cost, and like any business I want my suppliers to make money too !! joe Naples Fl