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.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: wlcnyc who wrote (11193)	3/13/1999 5:52:00 PM
From: Teresa Lo	Read Replies (1) \| Respond to of 56535

Also, if you ever get really tired of trading Nasdaq stocks because of all the problems with the web brokers, I would suggest looking into trading the S&P e-mini contract (which is order matched electronically) using Lind Online Direct. You can get free charts real time anywhere on the net. The margin required per contract is about $4000. You can go long or short with no problem. The market is very liquid with small spreads. For years I traded stocks, and finally just gave up on them because of all the research required to "keep up with the Joneses". Now I don't have to do anymore homework and just trade the S&P futures contract, which is conservative in terms of volatility compared to most Nasdaq stocks, particularly internet stocks. I don't have to play games with market makers. Up till a week ago, I refused to trade online because of all the problems that I had heard, particularly from those on my web site, saying how bad the online brokerage firms are. Then I thought to myself that I should just try it to see for myself, and to my surprise, my broker, Lind Waldock, has an amazing system and I have not had a single glitch using it. On the e-mini, I get my (I only use market orders) fill back in 5 seconds. On the big S&P I get my fills back in about 15 seconds. I will never use the phone again. And on the odd day that the system is down at the CME, I'll just take the day off.