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Re: Short term equity trading.



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I have never traded futures or commodities but have traded equities for the
past few years.  I use Level II and have traded both in a trading office and
at home.  I not only scalp large positions for small moves but also trade
systems for longer positions (a few days).  I wouldn't use any other way of
trading.  Feel free to privatley e-mail me for any more information.

Pert

In a message dated 9/3/98 10:48:49 PM Central Daylight Time,
robertwc@xxxxxxxxxxxxxxxxxx writes:

<< At 10:28 PM 9/3/98 -0500, Stewart Taylor wrote:
 >I've suddenly got an urge to trade a few equities (Ive never traded
 >anything but futures) but I don't have a clue as to who would do as a
 >reasonable discount broker for a fairly active trader.  I think I would
 >like to be able to do electronic entry with a phone backup for busy days.
 >Is Charles Shwab reasonable? What about E-Trade or Ameritrade?  
 >
 >I don't necessarily want the lowest round turn but I do want reliability
 >and reasonably good executions. 
 >
 >Do any of the firms provide Level Two as part of their service? 
 >
 >Any input? I know that this probably  rehashes a bunch of earlier
 >questions, but Ive always just deleted equity stuff.  Thanks in advance. 
 
 
 Stewart I have been considering the same because the executions are so much
 better and faster than it is with commodities. Open outcry is going to keep
 it this way in futures until that changes. So equity trading large blocks
 for small moves looks appealing to me. So I second your post to ask the same.
 
 Thanks
 
 Robert
  >>