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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Lee who wrote (1721)12/10/1998 11:37:00 PM
From: DADEPFAN  Read Replies (2) | Respond to of 56535
 
JLP: Online Brokers

Yes, I just realized today that Webstreet does not let me us a stop order with OTC stocks. What would be a good online broker that allows all that good stuff, and is $15 or less a trade?

Also, if one were to change brokers, how is one's portfolio transferred from one broker to another? I sent that question to Suretrade many days ago, and never got a response.

8^)

Dave D



To: Joseph Lee who wrote (1721)12/11/1998 12:32:00 AM
From: Trader J  Respond to of 56535
 
Joseph: I have heard bad things about Datek. Was originally considering them and then got too many mails telling me to not waste my time.

About the only ones that I would be willing to consider right now are E*Trade and Brown & Co. Using Schwab now and they hosed me pretty bad about 2 weeks ago with the NAVR trade on that big gap day. Still disputing the trade.

TJ



To: Joseph Lee who wrote (1721)12/11/1998 12:47:00 AM
From: Netizen  Read Replies (1) | Respond to of 56535
 
Joseph,
I am a newbie and started some experimental day trading about a month ago. I started with DLJ and then opened another account with Datek. I am very happy with Datek. They update portfolios immediately and send out e-mail confirmations of trades.

Sometimes, when there is heavy market activity, you cannot log in to their servers. It happened only twice or thrice in a month.

I mostly do limit trades and do not have margin enabled ( I want to keep it that way).

They are reasonably fast and provide unlimited real time quotes. The UI is a bit clunky but does the job okay. I will be happy to answer any specific questions. I use minimal features and do between 2-10 trades a day.

Regards
Dorai