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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: gbh who wrote (11665)4/15/1999 10:48:00 PM
From: Bill Rood  Read Replies (2) | Respond to of 16892
 
I keep limited funds with datek and have other brokers. Having been burnt badly in the past I place test orders and until the cancellations are instantaneous I place no marketable orders. This morning to my surprise my 9:30 order cancelled in 3 min. My 9:35 order cancelled instantly and I was off to the races. I seldom have problems during the day it is my inability to get rid of stocks I hold over night that have gapped up that turn into losers due to the cancelling problem. Its a shame I have to jerk around placing nonmarketable orders to see if there system is working but as you pointed out the crossing the fingers routine is to expensive. The reason I stay is in the hope that today is the rule and not the exception. There advantages are obvious especially up to the minute acct crediting etc.

Goodluck
Bill