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IamJon
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i'm kind of a tight-wad when it comes to spending $$ and if i can get the job done using free stuff well that's what i'm gonna do... so i use TOS(thinkorswim) and then IB(Interactive Brokers TWS / booktrader DOM tool) to execute and manage the day-trades... also the data feed on Interactive Brokers is way faster than TOS... so i use some of the IB internals over TOS cuz TOS often lags too much.
but really, i've put enough up there that one can pretty much figure out what i'm doing...
doesn't necessarily mean it'll work for you or anybody else so maybe it's not really all that wise for me to be putting this stuff out there anyway...
but here's my best shot at answering your questions...