Will you stay with Cyber/Schwab if they only offer per trade pricing?

I firmly believe CT knows fully what's going on.

Those folks are extremely knowledgable.

They are terrific with TRADERS.

Note: I'm referring to CT, not Schwab.

I'd gladly pay 33% more in commissions (.008 cents a share) if they'd keep CT up & running. (I hope you're listening CT Rep)

I fully understand the need to integrate the 2 active trading programs. CT Pro & SS Pro. The problem here is the better platform is getting demolished. You know it. I know it. CT knows it.

SS Pro should become unavailable in December & the Schwab traders given the choice to move to CT.

The CT guys must be infuriated having to delete their existing software with the highly sophisticated tools they've perfected & having to integrate only a portion of the stuff into the watered down SS Pro.

I'd love to see the CT employees walk out & write a new package & start up a new firm. I'd not only enroll as a trader, but I'd invest in the firm as well.
 
Quote from cryptmagic:

I dont know guys why you are complaining, if you dont like it leave. Obviously Schwab doesn't want to be in the active trading business. They want to make it look like they have some form of active trading, but it is subpar to many other brokers. You should begin to look for a new broker and make the jump.
More...

The problem is they have made it sound like it will be adequate but then there is the growing feeling they are stringing us along. They have promised that the new platform will be similar to CT pro yet they remain unable or unwilling to divulge very basic features. Frankly it doesn't make a lot of sense, leaving one to wonder if the people running the transition have a clue about what they're doing. Why for example allow a user to run 20 charts and MM windows if you aren't going to allow them to short ETF's or direct orders to ECN's? Your casual swing trader doesn't need 20 RT charts going, nor do they need multiple MM windows. It just doesn't make much sense.
 
I will be talking to them Monday. I will get the complete picture for what I need or I will soon be on with my new broker trading full-time and will let you guys know how it goes.
 
SSPro - Cannot trade more than 5000 shares in a trade in extended hours.


Trading firms don't have such limitiations.

Don't traders need trading firms?

Does a race car driver drive a dump truck?

Does a surgeon use plastic children's scissors?
 
Surely the integration will allow traders to trade more than 5K per stock in after hours????

Quote from seasideheights:

SSPro - Cannot trade more than 5000 shares in a trade in extended hours.


Trading firms don't have such limitiations.

Don't traders need trading firms?

Does a race car driver drive a dump truck?

Does a surgeon use plastic children's scissors?
More...
 
Quote from dinoman:

I will be talking to them Monday. I will get the complete picture for what I need or I will soon be on with my new broker trading full-time and will let you guys know how it goes.
More...

Dinoman, what did you find out?
 
Quote from cryptmagic:

I dont know guys why you are complaining, if you dont like it leave. Obviously Schwab doesn't want to be in the active trading business. They want to make it look like they have some form of active trading, but it is subpar to many other brokers. You should begin to look for a new broker and make the jump.
More...

word!
 
I've been noticing that UBSS has started to take the opposite side of your trades very actively. Here are some tactics:

I shorted shares in abc. I notice UBSS sitting on the bid a few levels down with 500,000 shares. If the stock starts moving down he jumps up a few levels with 800,000 shares. Other MMs join him at this level with heavy size. The stock starts moving up and you are forced to cover at a loss. Also towards the end of the close of the market, I was still short. The inside bid was at 30.00 UBSS jumps up and sits on a new bid at 30.07 and stays there. Meanwhile the offer starts to drop sharply and is now at 29.80. UBSS however, stays on the inside bid at 30.07 and refuses to move. You've got a situation where people are desperately unloading their stock at 29.80 but UBSS refuses to budge and stays on the inside bid at 30.07.Realizing what UBSS is doing the sellers pull their offers and start hitting the bid at 30.07. Our buddy UBSS however refuses to budge and eats up all the shares coming his way at 30.07 thereby forcing me to cover my short at a loss. These are just a few instances. There are countless other tactics that he uses to force you to sell or cover at a loss. It is therefore becoming increasingly difficult to even daytrade and make profits at CT.
This will probably carry on to Schwab where it will become even more prominent. Curious to see if any of you other Cybertraders have noticed these types of manipulted behavior?
 
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