RE: [CANSLIM] Scottrade

From: "Hill, Ernie" <Ernie.Hill@ElPaso.com>
Subject: RE: [CANSLIM] Scottrade
Date: Mon, 8 Apr 2002 17:22:14 -0500

Next Article (by Date): Re: [CANSLIM] Scottrade Harvey Brion
Previous Article (by Date): RE: [CANSLIM] Scottrade Dimitri Katsaros
Top of Thread: RE: [CANSLIM] Scottrade Dimitri Katsaros
Next in Thread: Re: [CANSLIM] Scottrade Harvey Brion
Articles sorted by: [Date] [Author] [Subject]

They allow stops, they don't allow stop limit orders. That is to say an
order that has a limit once the stop is met. With just a stop order
sometimes a stock can move so fast in price especially on the open that you
could wind up paying much more for the stock than your stop order was set
at.

E
 -----Original Message-----
From: 	Dimitri Katsaros [mailto:dcka@yahoo.com] 
Sent:	Monday, April 08, 2002 5:16 PM
To:	canslim@lists.xmission.com
Subject:	RE: [CANSLIM] Scottrade

No stops? How do you enjoy vacations? You must read
IBD on the beach ;-)

Dimitri

- --- "Hill, Ernie" <Ernie.Hill@ElPaso.com> wrote:
> Dimitri,
> 
> I don't know of any sources for making a comparison
> between brokers, but as
> far as Ameritrade is concerned, I have had limit
> orders in the market before
> it opened on stock that in the first 10 minutes of
> trading rocketed well
> past my limits. I was sure that I would have not
> gotten a fill at all, but
> not only did they fill my order, they filled it at
> below my limit price.
> They have won my loyalty. My one problem with them
> is they do not allow stop
> limit orders.
> 
> E
> 
>  -----Original Message-----
> From: 	Dimitri Katsaros [mailto:dcka@yahoo.com] 
> Sent:	Monday, April 08, 2002 4:36 PM
> To:	canslim@lists.xmission.com
> Subject:	RE: [CANSLIM] Scottrade
> 
> Ernie,
> 
> I have always been curious about the measure of
> fills.
> How does one go about judging the quality other than
> through experience? Are there sources for such data
> so
> that I could compare broker "A" versus broker "B"?
> 
> Thank you
> Dimitri Katsaros
> 
> P.S. I use Brown & Co. whose commissions are $5 and
> $10 for market and limit respectively.
> 
> --- "Hill, Ernie" <Ernie.Hill@ElPaso.com> wrote:
> > Scott,
> > 
> > I understand your first inclination to use
> > Scottrade, and of course I don't
> > know anything about them other than they have a
> > really cool name, but I can
> > vouch for Ameritrade. They charge $8 for market
> > orders and $13 for limit
> > orders, and they provide excellent fills. Some
> > discounters give you lousy
> > fills which can cost you far more than they save
> you
> > with their discounted
> > rates.
> > 
> > E
> 
> =====
> Quiquid latine dictum sit altum viditur
> 
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Tax Center - online filing with TurboTax
> http://taxes.yahoo.com/
> 
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your
> email.
> 
> 
>
******************************************************************
> This email and any files transmitted with it from
> the ElPaso 
> Corporation are confidential and intended solely for
> the 
> use of the individual or entity to whom they are
> addressed. 
> If you have received this email in error please
> notify the 
> sender.
>
******************************************************************
> 
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your
email.


=====
Quiquid latine dictum sit altum viditur

__________________________________________________
Do You Yahoo!?
Yahoo! Tax Center - online filing with TurboTax
http://taxes.yahoo.com/

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.


******************************************************************
This email and any files transmitted with it from the ElPaso 
Corporation are confidential and intended solely for the 
use of the individual or entity to whom they are addressed. 
If you have received this email in error please notify the 
sender.
******************************************************************

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.