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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Brian Diggle who wrote (1899)	12/26/1998 5:31:00 PM
From: HiStakes	Read Replies (2) \| Respond to of 4467

Brian, I'm not a big fan of Greenline either, and when I get back to daytrading full time, I will probably look elsewhere, but I just wanted you to know that I 'daytrade' with TD Web broker all the time. Although the trade you make in the morning, won't show up in your portfolio list of stocks immediately, all you have to do is click on the Equity order button and 'sell' the stock. You will need to enter all the details of your sell manually, but that's all there is to it. When I'm daytrading, I often put the sell in at a high price as soon as I've seen the confirmation of the buy. This allows a little time for the 'approvers' to do their thing, probably including a check to see if I own the stock <g>. Then, when I'm ready, I just move the price down to where I want it and bingo, it's sold. I know it's easier to push the sell button on your portfolio, but this works and it isn't too much trouble. The only time I got into trouble was when I put a crazy 'high' sell price of 4.99 on BII one day and it was approved and sold before I was ready <g>. Turned out to be a very good thing in the long run, although I missed the high that day by a mile! Regards!

To: Brian Diggle who wrote (1899)	12/26/1998 9:58:00 PM
From: BradC	Read Replies (1) \| Respond to of 4467

Greenline vs Etrade I use both, here are a few things I've noticed: 1. Etrade does NOT have stop loss orders, Greenline does 2. Both Etrade & Greenline have electronic Cancel and CFO orders. (Not sure what your problem is with these, they work fine for me) 3. Etrade does NOT have short selling. Greenline shorts have to be called in. 4. Etrade web site is usually much faster than Webbroker. 5. Greenline restricts out-of-range orders. Very annoying when trading micro-pennies. 6. Greenline is the largest discount broker in Canada, which can be an advantage when competing for fills. Also Greenline provides access to IPO's. (It's been a while since I've seen anything hot though) In summary until Etrade gets stops and short-selling I don't see them being a big force for daytraders. Greenline really needs to do something about the performance of their Webbroker. I don't have an account but I've also heard a lot about Priority Brokerage. It will be interesting to see how things develop with Schwab at the helm. Happy trading, Brad