Re: [CANSLIM] Scottrade

From: Dimitri Katsaros <dcka@yahoo.com>
Subject: Re: [CANSLIM] Scottrade
Date: Mon, 8 Apr 2002 15:27:08 -0700 (PDT)

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I looked through their ranking methodology and was
unable to find anything that suggests that the fill
rate was checked. Perhaps I overlooked?

Dimitri


- --- Harvey Brion <hbrion@ieee.org> wrote:
> Dimitri,  Try this site for a comparison of discount
> brokers:
>
http://www.gomez.com/scorecards/index.asp?topcat_id=3&subSect=finance
> 
> "Hill, Ernie" 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
> >
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