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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Lane who wrote (34257)	4/16/1999 12:22:00 AM
From: Jenna	Read Replies (3) \| Respond to of 120523

Many questions tonight about brokerages, options, level II, Nasdaq button, Island etc.. First of all for obvious reasons of a pending "promotion" with AB Watley I don't feel it is my place to discuss other brokers. I have just added a third brokerage account, Fidelity which I use as a backup. I never looked for cheap because you always get what you pay for. I'm not your typical daytrader and most of the questions are about daytading. For most of my transactions use the nasdaq button, never put in limit for a sell SOMETIMES put in a limit for a buy, but that's when the stock is looking to be emerging from a downtrend. 95% of my trades I get 2-4 second executions with the nasdaq button on 1000 share blocks which are easy for me. I other 3 accounts are simply because of nasdaq stop orders and the fact that I don't want to keep too much money in one account. I spend lots of time on the phone with all brokers and used to be able to do pre-market trading but I've stopped it the last 6 months. I trade my husband's account as well as he likes Fidelity (he's had them for 25 years) so I use it as back up. I'm still look for a broker just for options and I have quit 2 already. If I had as perfect a broker for options as AB Watley is for equities, then I'd be trading about 15% more options than I am now, but I don't.. I am still on a perpetual quest for the perfect options broker (stops on options, buy limits, etc) I'm getting close but not quite there yet. I'm sure there are threads or chat rooms that discuss the Brokerages in depth although if i were looking for a broker I'd ask a friend and not someone that might have an agenda when he recommends one or another broker.