Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (5438)	2/9/1999 9:10:00 AM
From: Trading Machine	Read Replies (2) \| Respond to of 11051

Berney, I responded to a couple of posts on the "best and worst brokers" on SI with my take on Datek. I said that it is not the best and not the worst but it fits my needs presently. Some of the comments I got back were indicative of some folks wanting to execute a trade in the first 30 minutes after market opening in a 5 or 10 second window on a volatile $5 stock. What this points out to me is that there are so many different requirement of so many different folks that we will never find the "perfect" broker. However, it is clear to me that Waterhouse and Jack White don't even meet the lowest of standards as is indicated in the web site Gonzo just cited and by yours and my experiences of being put in a financial penalty box for doing something they (the brokers)don't like. It is beyond me why a broker wouldn't allow multiple trades out of the same pot of money in the same day. If anyone out there can shed some light on this I would really like to know what the rationale is.