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Strategies & Market Trends
Online Trading - An Oxymoron? (EGRP, AMTD, NBD, DLJ, SCH)
An SI Board Since January 1999
Posts SubjectMarks Bans Symbol
50 2 0 SCH
Emcee:  Bob Duncan Type:  Unmoderated
I would like to start a thread discussing the problems with online trading. Specifically I think it would be interesting to track the performance of the big names like Etrade and Ameritrade vs. some of the lesser known players like webstreetsecurities, DLJ, and others.

The goal? To find the most effecient online broker out there! Is it possible that there exists an online broker that will fill trades accurately, that will send confirmations of trades within minutes instead of hours, and most importantly that has a support staff that believes in customer service?

I realize this is a daunting task, but it is something that must be done. I am tired of losing money on several bad trades a month because my online broker decided to invest in more marketing majors instead of engineers to support their computer systems.

Finally, after a month of so I will try and get someone in the press (Chicago Tribune at least) to take a look at this board and write an article pulling quotes from it.

Good luck to all!
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ReplyMessage PreviewFromRecsPosted
50 online trading or online order submission-- there is a big difference! egrp aQLtrader-2/8/1999
49 Your agreement with etrade allows you to arbitrate; do it! I've looked intEuan Hayward-2/8/1999
48Message 7705722VLAD-2/8/1999
47 Are you responsible for this Message 7576455peter gucker-2/6/1999
46 I use Web Street Securities. I believe that Web Street has the best trading pTech Master-2/6/1999
45 More info on my Etrade disaster: Just to clarify my last post for the reporterBob Duncan-2/5/1999
44 Update on my Etrade account for Blomberg reporter I spoke with today and all inBob Duncan-2/5/1999
43 I am a reporter for Dow Jones News Wires. I am looking into the recent problemsDow Jones Reporter-2/5/1999
42 I am a reporter for Dow Jones News Wires. I am looking into the recent problemsDow Jones Reporter-2/5/1999
41 If you were damaged by E*Trade's recent shut down, I may be able to help yoTracy Pride Stoneman-2/5/1999
40 NDB is out of the park. Was eying this at 16 as well as SIEB at 10. I sense therob108-2/4/1999
39 More on Toronto Dominion Bank(TD-NYSE) and Waterhouse/Green Line IPO Stock symMohan Marette-2/4/1999
38 NDB & TD in possible play???? rob and thread. I hear NDB and TD are in plMohan Marette-2/4/1999
37 THIS COULD HAPPEN TO YOU! Please note that I have not exaggerated or embellisheCarl van Rooyen-2/3/1999
36 FSI---Freedom investors has an online present also...does anyone know this stocGeorge Gotch-2/3/1999
35 It looks like E-Trade was down for a little while today... About an hour and a Chip Pumphrey-2/3/1999
34 am investigating Schwab plans for Level 2..nothing immed. Apparently E-trade grob108-1/29/1999
33 Latest out of MS broker is that the biggies will soon announce free online tradGil Gilbertson-1/29/1999
32 <<< on the other hand you can generally get helpful brokers on the HG-1/28/1999
31 Been there, done that! ...and is NASDAQ Level II fast? I'm on a fast LAN aScrumpy-1/28/1999
30 I am looking into both actually. Good questions about inventory availability fMaarten Z-1/26/1999
29 Figure this one out. I have an account with Brown, and one with AMTD. Had limAugustWest-1/26/1999
28 Regarding Etrade IPO's.... I know many of you are Etrade Platinum users Bob Duncan-1/26/1999
27 Why MB Trading and not AB Watley? Does anyone know if either of these are efferob108-1/26/1999
26 Is E-Trade really that bad?rob108-1/26/1999
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