Re: [CANSLIM] Trade Fee

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] Trade Fee
Date: Tue, 15 Jul 2003 15:19:49 -0700 (PDT)

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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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