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Duster

04/16/03 7:19 PM

#98585 RE: Carl D #98584

Carl..no, IB does not provide charts. You can use IB to feed a free charting package like Medved Quotetracker. I prefer to use E-Signal. You can subscribe to level II on IB

I had similar experiences on partial fills with E*Trade. What I like about IB's per share structure is that if you only get a partial and wish to change your limit price, you dont get charged the full amount for the new transaction.

Sometimes I like to only trade 100 shares at a time in a new stock as I get used to it or scale slowly into a larger position. E*Trade would charge me the full $9.95 commission for each 100 shares. The slippage was a killer,

But as TJParker said it can lead to overtrading.

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Newly2b

04/16/03 8:06 PM

#98594 RE: Carl D #98584

The only platform I would say beats StreetSmartPro (and Cybertrader) hands down would be Tradestation, which gives you all the same stuff (r-t charting, news, etc.) but also backtesting and scanning ability. Trade for 1.5 cents/share but pay for the platform and services you choose -- can get a good package for under $200/mo..

IB's platform is the fastest for nimble day-traders IMO, with only two clicks to place a trade.

Newly