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 [...]

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 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. [...]

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 fees. [...]

I’ve had several people ask me for more details about my trading process and the software that I use. Hopefully this post will answer those questions. Please leave any other questions n the comments section. I’m going to run through the hardware and software that I use as well as how I manage [...]

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 [...]

BIDU Stock Box Showing No Shares Avail. to Borrow, originally uploaded by ATLMike.

Here’s a shot of the CyberTrader ’stock box’ for BIDU. At the time I took this snapshot there were no shares of BIDU available. Note my current short position is displayed in the upper right corner.

Update: I was hoping this [...]

I got two questions yesterday about how I determine how many shares of BIDU were avaiable to borrow. Here’s a shot of the ’stock box’ in CyberTrader — note the upper left corner where is displays the number of shares available for borrowing.

Update: I was hoping this image would appear here with the [...]