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


To: Teresa Lo who wrote (2708)4/11/1999 12:30:00 PM
From: Rob Davis  Read Replies (1) | Respond to of 4467
 
Hi IS.com,

Do you trade primarily on the Canadian or US exchanges? What firm
does your "guy" work for? Is he a full service borker? I believe
that all (or at least a majority) of the Cnd discount borkers let
all trades on the same side of the market for the same stock go thru
as "parts" of one large order providing they are traded in the same
day.

Cheers,
Rob



To: Teresa Lo who wrote (2708)4/11/1999 4:33:00 PM
From: keith massey  Read Replies (2) | Respond to of 4467
 
Thanks for the book links

Why don't more people consider using a human broker? I phone my guy, who sits in front of a VCT and CATS machine and it blasts right through every time?

In a fast trading market or for really important trades I'm the first one on the phone. Webbroker and other online Canadian systems are still a little to flaky to be trusted all the time and the time delay is still unpredictable. However I still like Webbroker over a person most of the time. Saying I'm watching a stock and just waiting to pull the trigger on a sign of a turn around. I can have everything entered but the price. The second it get to my range I just have to press enter. Its like keeping you broker on the phone all day long. In the next year or two as online trading improves by leaps and bounds this approach will be my soul way of trading. Of course in the U.S they are already ahead by leaps and bounds with the ECN connections but they are unavaiable to me in Winnipeg.

And my commish is as low or lower than most discount houses because I can put all the trades for the same side same symbol (but different price) on the same ticket.

I couldn't find any brokers that would give me commissions even close to a discount houses. Could you give me a rough idea what you commission fees are and who you deal with? In addition, every discount house I have delt with allows all trades for the same side same symbol (but different prices) on the same ticket.

Best Regards
KEITH