RE: [CANSLIM] Schwab Sux - RJT

From: "Mike Gibbons" <mikegibbons@proactech.com>
Subject: RE: [CANSLIM] Schwab Sux - RJT
Date: Thu, 7 Mar 2002 08:47:45 -1000
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I use RJT (www.rjt.com). $5 for all trades for active traders including real
time streaming quotes. Absolutely no frills web site but I front-end it with
Medved Quotetracker (www.quotetracker.com) which is free and interfaces with
RJT's streaming quotes and order entry system.

Best thing about Quotetracker from my perspective is that it includes a
webserver. This allows me to run scripts that access the streaming quote
information and create price and volume alerts.

Aloha,

Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com


- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of david frank
Sent: Thursday, March 07, 2002 7:19 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Schwab Sux


I use Schwab too-no real complaints. I  been  curious about Datek-do they
really have fast executions? How about Cybertrader does anyone use them? How
about the comparison between Datek and Cybertrader? David
- ----- Original Message -----
From: "Rob Miller" <rmiller2@carolina.rr.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, March 07, 2002 10:57 AM
Subject: Re: [CANSLIM] Schwab Sux


> I use Brown and Datek and love them both.  I've been using Brown for
years.
> Commissions are cheap ($5 market, $10 Limit) with no add on charges, fills
> are instant, website is extremely reliable and fast.  I've never had to
call
> and place a trade, but when I have called they pick up very fast.  Short
> supply is excellent.  I like for my broker to basically be invisible to
me.
> In other words, I can do what I want when I want without any headaches.
> That's Brown.  I'm new to Datek, which is where I have my IRA accounts.
> Very satisfied so far.  Love the real time streaming quotes.  I use Medved
> Quotetracker which I can link to Datek.  You can even trade through
Medved.
> I couldn't be happier with my choices.
>
> I've never noticed any problems with bid/ask spreads.  I'm usually
watching
> real time quotes when I trade and I can see my trade instantly.  It goes
off
> at the ask, which is what I want.  Limit orders also work great.
>
> Rob
>
> ----- Original Message -----
> From: <dave.bigham@us.abb.com>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, March 07, 2002 11:23 AM
> Subject: Re: [CANSLIM] Schwab Sux
>
>
> >
> >
> > This brings up a slightly off-topic question.  What discount on-line
> brokers are
> > "acceptable" or good?  Are there any hidden costs? I have heard things
> like some
> > may have higher bid-ask spreads and thereby make up for low commissions
> that
> > way.
> >
> > Any other thoughts are welcome.
> >
> > Dave Bigham
> >
> >
> > |---------->
> > |          |
> > |          |
> > |---------->
> >
> >------------------------------------------------------------------------|
> >   |"Tim Fisher" <Tim@orerockon.com>
> |
> >   |03/07/2002 10:50 AM
> |
> >
> >------------------------------------------------------------------------|
> >
> >
> >
> > Please respond to canslim@lists.xmission.com
> >
> > To:   canslim@lists.xmission.com
> > cc:    (bcc: Dave Bigham/USINY/ABB)
> > Subject:  [CANSLIM] Schwab Sux
> >
> > Security Level:?         Internal
> >
> >
> >
> > I was never that happy with my Schwab 401k account, and now they have
> added
> > the straw that broke the camel's back. Seems they now charge a $3.00
> > "handling fee" on both ends of their already expensive commissions
> ($29.95;
> > the former volume discount is gone). I am pulling it and giving it to
> > Etrade today. The worst thing is, it's a new fee as of March 1 and they
> > didn't even have the courtesy of notifying me. Just slapped it on. If I
> had
> > known I would have opened an Etrade account immediately, which I guess
is
> > why they didn't tell anyone.
> >
> >
> > Tim Fisher
> > Ore-ROCK-On Rockhounding Web Site
> > Owner, Fisher Fisheries, Ltd.
> > mailto:tim@OreRockOn.com
> > WWW http://OreRockOn.com
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > -
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> >
>
>
>
> -
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