January 8, 2008 Stock Market Recap

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

I thought I’d answer these questions on the site since I get asked some of these often… Mike, if there is a better method for me to ask you these questions, please let me know. You may choose not to answer any or all of them or not reply to this email at all. That [...]

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 [...]