Go to Jeff Salisbury LWGate Home Page.From: "Rolf Hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM] Trade Fee
Date: Tue, 15 Jul 2003 12:19:24 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_007D_01C34ACB.54090680 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I've got a WH account. They now also charge account fees below a = certain level. Their fees are based on number of trades per quarter. = Seems like it takes a lot of trades to get below $17.95. WH has great = customer service, but since I rarely need it, I've toyed with closing = WH. I've been using Scottrade as well for about 9 months. $7 trades or $12 = for stop or limit orders. They do have a nice alert system that WH does = not. All in all, executions have been just as good as WH and I've been = happy with Scottrade. I've got accounts for IRA, Roth IRA, and after tax, so no trade is that = big in terms of dollars. I agree with Robert - the almost $20 round = trip difference in commission is noteworthy, especially if trying to = stick by the 7-8% max loss rule when initially in a stock. Rolf ----- Original Message -----=20 From: RWElmer@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 15, 2003 11:42 AM Subject: Re: [CANSLIM] Trade Fee Hi Tomas, I use Firstrade. $6.95 for market orders. Few frills, but I don't need = them. I trade small enough amounts, as I build up my portfolio, that = those commissions make a big difference. Have been happy with the = service and have been there a couple of years. FWIW. Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.com=20 - ------=_NextPart_000_007D_01C34ACB.54090680 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4134.600" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#fffcf0> <DIV><FONT face=3DArial size=3D2>I've got a WH account. They now = also charge=20 account fees below a certain level. Their fees are based on number = of=20 trades per quarter. Seems like it takes a lot of trades to get = below=20 $17.95. WH has great customer service, but since I rarely = need it,=20 I've toyed with closing WH.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>I've been using Scottrade as well for = about 9=20 months. $7 trades or $12 for stop or limit orders. They do = have a=20 nice alert system that WH does not. All in all, executions = have been=20 just as good as WH and I've been happy with Scottrade.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>I've got accounts for IRA, Roth IRA, = and after tax,=20 so no trade is that big in terms of dollars. I agree = with Robert -=20 the almost $20 round trip difference in commission is noteworthy, = especially if=20 trying to stick by the 7-8% max loss rule when initially in a=20 stock.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2> Rolf</FONT></DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3DRWElmer@aol.com = href=3D"mailto:RWElmer@aol.com">RWElmer@aol.com</A>=20 </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, July 15, 2003 = 11:42=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Trade = Fee</DIV> <DIV><FONT face=3DArial size=3D2></FONT><FONT face=3DArial=20 size=3D2></FONT><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 = face=3DArial=20 size=3D2 FAMILY=3D"SANSSERIF">Hi Tomas,<BR><BR>I use Firstrade. $6.95 = for market=20 orders. Few frills, but I don't need them. I trade small enough = amounts, as I=20 build up my portfolio, that those commissions make a big difference. = Have been=20 happy with the service and have been there a couple of years.=20 FWIW.<BR><BR><B>Robert W. Elmer<BR>Coldwell Banker First = Shasta<BR>2837=20 Bechelli Ln.<BR>Redding, CA 96002</B><BR></FONT><FONT lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#0080ff = size=3D2=20 FAMILY=3D"SANSSERIF"><B>RWElmer@aol.com</FONT><FONT lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 = size=3D2=20 FAMILY=3D"SANSSERIF"></B><BR></FONT><FONT lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#0000ff = size=3D2=20 FAMILY=3D"SANSSERIF"><B>221-9556 or 1-800-348-7939 ext.156</FONT><FONT = lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 = size=3D2=20 FAMILY=3D"SANSSERIF"></B><BR></FONT><FONT lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#800080 = size=3D2=20 FAMILY=3D"SANSSERIF"><B>www.robertelmer.com</B></FONT>=20 </FONT></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_007D_01C34ACB.54090680-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". 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