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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Captain Ed who wrote (18093)	11/28/1998 8:18:00 PM
From: Char	Read Replies (3) \| Respond to of 119973

Captain Ed. If you are day trading, i would recommend that you open an account with MB Trading. E-Trade is good but you won't get the type of executions you get with MB Trading. With MB Trading you get free Level II if you do 50 trades/month too. One disadvantage with MB Trading is that they don't accept stops on NASDAQ stocks. Even though I rarely use them after getting screwed by the market makers several times, there are cases where I would if I could. I was told that they will be adding this feature in the future but I don't know when. I very seldom use market orders and from some of the things I've read here today, I think I will be using them a lot less. It's a lot safer to just enter an order a little above the ask to ensure a fill in a fast market. Char