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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Jack Colton who wrote (10507)	12/3/1998 12:17:00 PM
From: Mike	Read Replies (2) \| Respond to of 16892

Finally, a voice of reason. I, too, quit using datek after a string of loosing trades due to poor representation or no fills on limit orders placed at the market. It has been about 18 months since I stopped using datek and since then I have more than doubled my money by using a broker who fills my orders between the spread. I pay $5.00 more per trade than I did at datek, but I've made literally thousands of dollars because of the superior fills I receive. Those of you who think your saving money by using Datek need to re-evaluate based on the trading you do. If you place a lot of market orders and place 10 or more trades a day - Datek is probably a good broker for you. However, if you place limit order datek will not fill it unless they can get between you and the buyer/seller. My orders are routinely filled at better prices than my limit order at my current broker. Datek does the same thing only they keep the difference for themselves. Mike