SI
SI
discoversearch

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.
Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Iceberg who wrote (5106)2/10/1999 4:40:00 PM
From: j_b  Read Replies (2) | Respond to of 13953
 
<< I suppose you think Dar Hay, an E*trade customer such as myself and many others, is just "wining" [sic] too, huh? I don't think it helps anything to characterize people's reports of misfortunes beyond their control, as whining.>>

As I've posted before, if the timing and control are so important, use a regular broker. There are trade offs to using an internet broker, and the recent complaints would be the same regardless of which internet broker's board you were reading.

To say that Dar Hay had no control over the situation is incorrect. He chose a service that had certain limitations and potential problems. He should have researched the brokerages more carefully, to make sure the one he chose could meet his needs. He didn't, and therefore made a trade he didn't really want to. It's his own fault for not using the tools that were best suited for the job he was trying to do. I'm a buy-and-hold investors. The types of issues you describe just don't apply to me. Therefore, for me, E*Trade is a great broker. For a daytrader, it probably is the wrong service. Internet brokerages will always be subject to down time and intermitant (sp?) outages. If you can't live with that, use a regular broker. You get what you pay for.



To: Iceberg who wrote (5106)2/10/1999 4:53:00 PM
From: Doc  Read Replies (2) | Respond to of 13953
 
You are whining!

If you believe your market orders should be executed instantaneously at the price you see on your screen at the moment you place your order you do not have much experience trading stocks.

I have traded stocks for 15 years. I have used full service brokers - Goldman Sachs, Merrill Lynch, Shearson; discount brokers - Fidelity, and internet brokers - Fidelity. I have had down time with all of these services.

Any one that places a market order for any trade is a fool! If you are doing this to save an additional $5.00 in commission you are a bigger fool.



To: Iceberg who wrote (5106)2/10/1999 5:05:00 PM
From: Jon  Read Replies (2) | Respond to of 13953
 
I wonder how may people will come forward and return money they made because E*Trade was down, couldn't execute their order and things moved their way? That would only be the fair thing to do wouldn't it?

Looks like some buying at the close.

Jon