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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Dave O. who wrote (1559)4/17/1999 1:04:00 PM
From: Tai Jin  Respond to of 1729
 
Yeah, it's real disheartening when half my profits go to paying the commissions. My returns are much better position trading at a discount broker.

...tai



To: Dave O. who wrote (1559)4/17/1999 2:18:00 PM
From: Eric P  Read Replies (2) | Respond to of 1729
 
Dave:

If you don't mind sharing with us, which discount broker do you use? What are their commission rates and how fast are their executions?

I think discount brokers have a lot to offer active daytraders, especially the typical guaranteed fills from their autoexecution systems. Note: In a very fast market, I understand that market makers can and do turn off their autoexecution systems and complete all fills manually. I don't think this happens very frequently, though. Have you, Barb or Gary Korn noticed this frequently or at all?

Thanks,
-Eric



To: Dave O. who wrote (1559)4/17/1999 7:06:00 PM
From: Investor2  Respond to of 1729
 
Re: "With a discount broker I can buy at the bid, granted not in a fast moving stock, which I rarely play anyway, and I don't pay more than $19.95."

Which discount broker(s) do you use?

Best wishes,

I2

EDIT: I SEE YOU'VE ALREADY ANSWERED THIS ONE. HAVE YOU EVER TRIED DATEK?


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