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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (3410)1/18/1999 3:14:00 PM
From: wmwmw  Read Replies (3) | Respond to of 7382
 
Etrade would be $19.95.
Firstflushing would be $9.95.
Preferred stock would be $7.75.
Cybertrader and Livetrade would be $19.95 using the same Real TIII, level II and execution system.
Just want to point out your selective posting.



To: Mama Bear who wrote (3410)1/18/1999 3:37:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 7382
 
Thanks Barb,
If the answer to my problem is that higher commissions are just going to be something I have to accept then OK. After all, there must be some justification for high commissions because so many smart people I see on SI use MB Trader, AB Watley, et al.

Still investigating...it's an interesting journey...

Chris



To: Mama Bear who wrote (3410)1/18/1999 5:54:00 PM
From: Doug Coughlan  Read Replies (1) | Respond to of 7382
 
In late 1974 I was using what was considered a discount broker named Edwards & Hanly. As I recall you had to make about a half a point on a $15 stock just to cover the commission. So if I bought $80,000 worth of a $15 stock the commission would have been about $2700. I don't know what they would have charged for 80,000 shares of a one dollar stock. So if your memory is long enough all of these commissions start to sound like a bargain! : )


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