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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER! -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (588)2/1/1999 7:45:00 PM
From: Patrick  Respond to of 2045
 
You're absolutely right. People focus so much on the headline brokerage figure (only $8.99) but dont take any notice of issues such as "slippage" - how much extra did it cost you because it took 20 seconds extra to get the trade executed - on 1,000 shares, this could amount to several hundred dollars.

Real time daytrading programs like CyBerTrader can pay for themselves in just one trade by saving this.