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I'm curious as to why one would pay to subscribe to trade station & a BMI
feed only to trade thru a broker.. what, over the telephone?? Of course,
not everyone lives in an area where a facility may be located where you can
look at live real-time screens with NASDAQ Level II Marketmaker best
bid/ask prices that one can SOES trade electronically, and NYSE DOT System,
selectnet and instinet, and Turbo Options available electronically too.
All this with commissions $25/trade... no slippage instant hits, or fills,
and you can generate your own stops or cancell and get immediate reponse
while you are looking at your screen. In addition, realtime graphing and
technical studies... just for the price of your trades.
This kind of day trading is available, and at the cost I've indicated.
So, Mr. Norris, et al, don't put up with it, i.e., slippage late notices,
etc...
find yourself a SOES shop.
Best regards.
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