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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2473)2/26/1999 1:48:00 AM
From: Essam Hamza  Respond to of 4467
 
I have an account with Schwab aka Priority brokerage. Still haven't started trading yet though. Will keep you informed.

Essam.



To: Buckey who wrote (2473)2/27/1999 7:10:00 PM
From: Winzer  Read Replies (1) | Respond to of 4467
 
BJ,

Some light reading for future DTA (Day Traders Anonymous) class of 20?? LOL

boston.com

Winzer



To: Buckey who wrote (2473)2/28/1999 5:59:00 PM
From: Michael Watkins  Read Replies (2) | Respond to of 4467
 
I have an account with Priority / now Schwab Canada. They are excellent.

- service top notch, usually I deal with the same representative if I do require assistance
- trade execution is a-ok
- they are not the cheapest on a commission basis. Average cost for me is around 40$. Minimum cost is 30$, scales by volume and share cost

They have some minimum account sizes (or had under Priority), perhaps that will change with Schwab influence.

I was with them before the Schwab deal and its not clear how that will affect service. Priority had a lot of Paul Bates' personalilty wrapped up into it, so as long as he remains there I'm sure things will continue to be excellent. I would supect with size and backing there will be some positives; hopefully they'll minimize the negatives.

My personal experience is the slightly higher commission per trade is cheap when compared to the poor executions and slippage experienced when I had my account with Action Direct. I still have a couple positions sitting in my Action Direct account and many months since moving my trading to Priority I still can't believe how bad and how slow Action is.

Just my two cents...
Michael