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john shih wrote:
> For people who use on-line brokers over the internet, who may not be
> interested in scalping for an 1/8. or 1/4, but would like to have fast and
> reliable execution with a low ticket charge, I recommend using Datek Online.
Datek is clearly the best online broker, as far as they go. Datek sends its order
flow *through* Island, which isn't exactly the same as being a subscriber to
Island. The commission structure's considerably lower than direct access executions
(a little less than half on average) - but - this is hardly a savings when you have
to pay the slippage. Especially during fast conditions, the ability to get your
order filled and reported in a matter of milliseconds can be a real advantage. As I
said, the software you use to trade with has nothing to do with whether you are
scalping for teenies, playing intraday swings, or even interday swings for that
matter.
If you're an active trader, and would like to check out the real deal, here's what I
recommend personally:
http://www.cyber-corp.com
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