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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: David Meyer who wrote (5438)	1/5/1999 4:15:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 43080

Yamner to answer you question, nope, never bothered with MB. Nothing against them, although a few people mentioned to me that one joins either the bid or the ask. With Yamner, I can give them a market order 'not held' and they will work it for some middle ground if possible. 'Not Held' means they won't be held to getting the market price if they mess around trying to get you a better price. About half the orders placed that way it works out, but never had one, either entry or exit, that didn't get at least market. Of course, one's timing of when to enter or exit can't be held against any broker, and all the losses and less-than-great-fills I ascribe to my own bad calls/timing. Except for VVTV, as I unexpectedly had to spend that day at the hospital with a friend and forgot to set the limit sell on that one before I left. That one I write off to under 'Stupid'. Everyone I have dealt with (Bernie, Amy, Eyi, Joe, and others) are consummate professionals and I hold them in the highest regard. Yamner has never failed to answer on or before two phone rings, and their phone and mail transaction summaries are excellent. On the one occasion they made a mistake and sold my order with a limit I hadn't placed, they called and fixed immediately. They even called once to correct a minor overcharge on a commission. Commissions run about $35 with another Security charge for some tickers, but saving you an eigth on a a 500 share buy covers that cost. Try to get that with an online broker - better yet, try to get them to answer the phone on refresh a confirmation page in a timely manner. I have made 18 trades (round turns) with them since 12/9, and have absolutely no complaints. I have three online accounts and eventually will move it all to the phone. lastshadow