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


To: Serge Collins who wrote (2579)3/16/1999 1:33:00 PM
From: Buckey  Respond to of 4467
 
They are 2 minutes for execution but it may take you a minute to load the order as you hit enter then you must confrim and if you miss something you must go back and repeat - Their online site is very slow even with Cable modem or other high speed internet service.

I never use them for quotes because that would entail the same slow response. Good if you have a few minutes to enter the order - I ahev been finding the telphone lines very slow also.



To: Serge Collins who wrote (2579)3/16/1999 4:42:00 PM
From: IdiotJed  Read Replies (1) | Respond to of 4467
 
<I notice you can get quotes on most stocks through them (even small Nasdaq National Market stocks), which is not the case with InvestorLine.>

Well, the US OTC BB are the only quotes you can't get with InvestorLine. All other Canadian and American quotes are totally free (no obligation to trade, no limitation, no points system, no nothing in the way).

<I have had many problems with InvestorLine over the last few years and it is getting worse. The staff turnover at InvestorLine is a problem and it is taking longer and longer to execute trades.>

So I guess you are trading by phone (years, staff, longer). Try the online version (except for OTC-BB which they don't do online).

<It's rare to get a trade go through at the price you are quoted.>

You will have to explain me that one. I hope you were talking about market orders on Nasdaq stocks (or Canadian Dealer Network). In that case, blame the market makers, not InvestorLine. For a trade on an exchange, they execute your order at the current price (bid or ask), or at your limit price. They can't do a thing about it.

Don't get me wrong. I'm not here to promote InvestorLine. They still have big online glitches and when they're down I'm the first to complain, loud. But for high volume Toronto stocks (the only thing I trade so I don't know else), the online service is better than what I hear from the other brokers these days. And it's not getting longer and worse.

IdiotJed