Re: [CANSLIM] Trade Fee

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] Trade Fee
Date: Tue, 15 Jul 2003 10:58:55 -0700 (PDT)

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Marc,

E-Trade advertise the fee as a flat fee of $9.99. 
What do you mean by Market trade is $19.99 plus $3? 
market trade = market order?  Are you saying that a
regular trade will cost you $22.99 instead of $9.99?

tomas

- --- Marc Deiter <dites@yahoo.com> wrote:
> Tomas,
> 
> I currently use E-Trade, but am looking to switch. 
> SmartMoney
> magazine in it's August issue reviews the Basic
> Discount Brokers and
> Premium Discount Brokers.  For the Basic Discount
> category, E-Trade
> is stated as having "the highest fees of the bunch".
>  Market trade
> commissions at E-Trade run $19.99 plus a $3 fee,
> total of $22.99.  TD
> Waterhouse was ranked #1 in the Basic Discount
> category, even with
> the $17.95 market trade commission.
> 
> The article commented on Firsttrade
> (www.firstrade.com) as "cheap
> trades and great execution, but that's about it". 
> The listed
> commission for a market trade was $6.95.
> 
> Marc
> 
> --- Tomas <tomas986@yahoo.com> wrote:
> > Hi All,
> > 
> > I just noticed that TDwaterhouse (my brokerage)
> jacked
> > up the trade fee from $12 to $17.95.  So, just
> > curious, what do you guys pay for your commission
> fee
> > (what brokerage).  I know that you get what you
> pay
> > for, but using CS I do not use any of the
> brokerage
> > services (research,...).  I have all the tools I
> need
> > already.  I am only interested in good execution
> and
> > low fees from a brokerage.  Or maybe I am missing
> out
> > on some of the services that the brokerage is
> > providing.
> > 
> > inputs?
> > 
> > Thanks,
> > tomas
> > 
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