Re: [CANSLIM] Trade Fee


From: david rossing <pimpdaddycueball@yahoo.com>
Subject: Re: [CANSLIM] Trade Fee
Date: Tue, 15 Jul 2003 17:34:14 -0700 (PDT)

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I use Brown & Co (brownco.com).  $5 per market trade, $10 limit.  No
frills, but I haven't had any trade execution problems or anything like
that.

Dave

- --- Tomas <tomas986@yahoo.com> wrote:
> Rolf,
> 
> Yeap, same situation here.  It takes 18 trade per
> quarter to get the fee down to $12 for TDWH.
> 
> I hate to switch, but I am comtemplating on it.
> 
> tomas
> 
> 
> --- Rolf Hertenstein <rolfh@mindspring.com> wrote:
> > 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 ----- 
> >   From: RWElmer@aol.com 
> >   To: canslim@lists.xmission.com 
> >   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 
> > 
> 
> 
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