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Re: EatYourShorts post# 567

Thursday, 11/16/2006 3:50:02 PM

Thursday, November 16, 2006 3:50:02 PM

Post# of 9767
Thanks David. I use Interactive Brokers for trading eminis, stocks and some pinks/otc's. They are direct access trading... you don't put up with the crap that the Eturds and Ameriturds put you through. Commissions are $1 minimum and .002 x the cost of the shares you buy. I picked up 14k CDCH today and paid 2.10 commission.

A couple downsides: IB doesn't allow the trading of all pinks so you need to check the site to see what they let you trade. I know you can buy MDMN and SPRL there as well as many others. Also, there is a bit of a learning curve as far as using the Traders Workstation, which is where you place you trades from. You have the option of using a web based version or a downloadable version. In past communication I have been told that they eventually plan on including all pinksheets.

Rich

Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.