InvestorsHub Logo

XV19

02/17/04 10:04 AM

#3810 RE: jmhollen #3809

wow..I didn't know about TDW. I'm gonna have to close THAT account asap.

FreeTrade.com looks like a great one...gotta have $5000 cash to open it, but it does look like the best deal for daytraders. I suppose its parent, Ameritrade would be good for the casual trader, if you don't get creamed on the commision.

I'm gonna be hosed if QBID makes a huge run and TDW won't sell more than 100k shares at a time. That sucks.

findit

02/17/04 12:28 PM

#3813 RE: jmhollen #3809

John thanks much for all that info on brokers. I have just printed it out for future reference.

My inquiry was for brokers that trade bb and pinks in the pre-market and after hours. I use Schwab and they don't limit trading of these stocks during the regular session, but do in PM and AH. Executions of bb and pink trades are poor by Schwab and costly if the share price is less than a $1 and the pricipal trade amount is greater than $1000. End up being a 3% or 1% commission depending on how active the account is. BTW they allow me up to 5000 shares for a trade before I get into any additional charges over the going rate for the account. My low activity account trades are 29.95 and high activity accounts are 14.95. They provide excellent service with the exception of executions on bb and pinks.

Jim