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I am dumbfounded on why I have not heard more negativism concerning E-Trade.
I started with Datek about 2 years ago but left when they had taken on too
many clients too soon. E-Trade was pretty good for the first 3 quarters last
year but since then it has been all downhill. I take it the advertising
blitz has just overwhelmed everyone and created a false positive atmosphere.
Market orders take forever for confirmation. Limits never get the best price
because I monitor all my orders with DTNIQ real time. The Web site is not
accessible during busy trading so forget getting any kind of fill.
Incidentally I am transferring a large amount of cash back into DATEK. I use
to love the superb immediate confirmations. Like they say, you never know
how good you have it until it's gone.
-----Original Message-----
From: David Walton <stocknet@xxxxxxx>
To: 'metastock@xxxxxxxxxxxxx' <metastock@xxxxxxxxxxxxx>
Date: Wednesday, January 13, 1999 1:46 PM
Subject: RE: E*TRADE - DATEK
> Look, you can make that hypothetical with ANY broker.
>I'm just saying that I have traded frequently and, knock on wood, I have
>had zero problems, even got a better proce than I asked for on a limit
>order a few times with Datek.
>
> Any broker willing to put their commission on the line has my vote. Tell
>me, who else is doing that? Oh, and just so you know, I have ALWAYS had to
>pay the commission, that should tell you something...
>
>----------
>From: Michel Dussault[SMTP:mdussault@xxxxxxxxxxxx]
>Reply To: metastock@xxxxxxxxxxxxx
>Sent: Wednesday, January 13, 1999 8:35 AM
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: E*TRADE - DATEK : but what about Nasaq execution?????
>Importance: High
>
>David and all,
>This is just fine. No commissions ($9.99)if the delay is more than 60
>seconds.
>But what happens if the execution is not within, -say 2 minutes - and
>you have
>a stock loosing $$$.
>Do you save $9.99 and take a huge lost and a sliding Internet related
>stock???
>before getting a confirmation???
>I trade via a canadian discount broker on Nasdaq.
>Your experience is welcome.
>Thanks,
>
>-----Original Message-----
>From: David Walton <stocknet@xxxxxxx>
>To: 'metastock@xxxxxxxxxxxxx' <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, January 12, 1999 10:08 PM
>Subject: RE: E*TRADE
>
>
>I can't say enough about Datek. $9.99 per trade, limit or market,
>market orders GUARANTEED to execute in 60 seconds or less or no
>commission is charged, and they are >extremely< reliable.
>
>
>
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