I finally decided on a new broker. Choosing a broker was a very frustrating experience for me. That’s partially because II was so comfortable & proficient with CyberTrader and I really hate the idea of having to familiarize myself with a new system. The other part of the frustration is that looking at these software [...]
Schwab Doesn’t Want Former CyberTrader Clients — I Need a New Broker…
Like they say, all good things must come to an end. I’ve been with CyberTrader since I started trading full time back in 1999. I can’t even imagine how much I’ve spent in commissions with them. That first year I spent about $30,000. It’s certainly dropped over the years, especially when I switched to per-share [...]
A Little More Q & A
Staying With CyberTrader?
Since I wrote about looking for a new broker in April I’ve had several people ask me if I’ve made a switch yet, including Dave who left this comment yesterday: Hey, I thought you were sick and tired of Cybertrader? What changed your mind? I’m still not happy about the way CyberTrader administers their inactivity [...]
Anybody Know of a Good Brokerage for Day Trading?
I’m thinking of finally switching from CyberTrader. They just hit me with a $249 fee for not trading enough shares in March thanks to me misinterpreting their ever-changing rules on what you have to do to avoid that fee. I’m leaning toward Interactive Brokers but if anybody has recommendations for a good broker which doesn’t [...]


