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Re: DHANA post# 114591

Wednesday, 02/24/2010 7:15:43 PM

Wednesday, February 24, 2010 7:15:43 PM

Post# of 131532
Just my 2 cents but you should always have two trading accounts. Ya just never know when a web site is going to go down. But you can bet your life that if you only have one account the day it goes down and you don't have market access will be a day when there is a stock that goes on a wild 10000% gain run and you can't play cuz you can't make a trade.

So it might be a good idea to keep the one you have as a backup if you don't like it that much, and search for an additional broker as your primary.

I personally like Scottrade. I know you are tired of them but IMO the positives outweigh the negatives. But I don't trade like many folks do. I never buy million share blocks at one shot. I ease in to a position so the extra that they charge for pennies doesn't bother me. Trades run me on average between 9.00 and 11.00. What I really like are their execution times and fills. I can't remember the last time I had a bad fill. Also the convenient, all over the place branch offices are great if you ever have an issue and want to talk face to face to a human being. But then you have the restricted stock issue with them and many people don't like that. I haven't ever had it be a big enough problem to warrant dropping them. If I routinely missed out on big gains because of that policy my opinion would be different but that hasn't happened.

I hear a lot of good things about Zecco so that might be one you want to check out. Also, someone mentioned Fidelity here today and had good things to say about them so that's another one to explore.

Good luck with what ever way you decide to go!!

"Sort of" is such a harmless thing to say. "Sort of". It's just a filler. "Sort of" - It doesn't really mean anything. But after certain things, "sort of" means everything. Like after "I love you" or "You're going to live" or "It's a boy".