Packerfan1
10-17-2005, 11:50 AM
Hi all:
Looking to start doing some swing trading soon and was wondering if anyone here uses either Interactivebrokers.com or MBtrading.com for similar activity.
I recently opened a Scottrade account but since I"m only starting with about $10K (20K w margin) I'm concerned about the ability to make any early headway at $7/trade when I'm looking for 2-3% profit taking on each transaction.
Obviously paying $1 per side vs $7 per side would be great but it doesnt help if IB or MB is unreliable/bad quotes & fills/ etc.
Anyone have any experience/advice? Thanks. I might post my experiences once I get started for those here who are interested.
Pack
Looking to start doing some swing trading soon and was wondering if anyone here uses either Interactivebrokers.com or MBtrading.com for similar activity.
I recently opened a Scottrade account but since I"m only starting with about $10K (20K w margin) I'm concerned about the ability to make any early headway at $7/trade when I'm looking for 2-3% profit taking on each transaction.
Obviously paying $1 per side vs $7 per side would be great but it doesnt help if IB or MB is unreliable/bad quotes & fills/ etc.
Anyone have any experience/advice? Thanks. I might post my experiences once I get started for those here who are interested.
Pack