Was anyone here trading in the late 90s?

started with Datek (remember them?) back in late 90s, then moved to cyber, now with IB TWS... it's so much easier to trade now than then... much tighter spreads and instant (vs 60-second) executions, bigger monitors, better charts and more.

-k
 
i traded with td waterhouse back before they even had a website (mid 90s). it was all done by phone those days. if you placed a phone trade without human assistance, you got the discounted commission of $35. broker-assisted trades were (i recall) $50+.

then etrade came out in 1994 and they changed the ballgame with their $20 trades and web trading platform. i traded with waterhouse, etrade and datek for the rest of the decade
 
Quote from blackjack007:

i traded with td waterhouse back before they even had a website (mid 90s). it was all done by phone those days. if you placed a phone trade without human assistance, you got the discounted commission of $35. broker-assisted trades were (i recall) $50+.

then etrade came out in 1994 and they changed the ballgame with their $20 trades and web trading platform. i traded with waterhouse, etrade and datek for the rest of the decade
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Yeah, datek and their first real time quoteboard, 9.99 trades, caught zica from 40 cents and told my plumber about it, he cashed in when it hit $35 2MONTH LATER.

its like asking who is your first "real" internet provider.. mine was netcom.com
then all of a sudden retail brokerages went belly up.. like "OLBI" brokers..

internet killed them all..
 
Anybody here a succesful SOES bandit from back in the day?

I knocked the cover off for about a year until the NASDAQ started clamping down on how many times you could SOES a MM!
 
yes, used datek and e-trade when i started, may have taken on ameritrade early on? my first direct access broker was ab watley, and that's how i first saw realtick.

not a soes bandit, didn't know about it until it had been closed up...
 
Quote from gaj:

not a soes bandit, didn't know about it until it had been closed up...
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It was license to steal from the MMer's until everybody figured out what was really going on, don't forget some of these Tech/Biotech names moved in points at a clip.

R.I.P. SOES Bandits
 
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