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Online stock trading action

Discussion in 'Real Estate & Other Investments' started by stonedywankanobe, Dec 1, 2016.



  1. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Looking for advise on online trading. I'm thinking of doing some minor investing in stocks in the near future. I'm wondering which platform will suit me best as will be starting out small time but looking to hit the bigtime.

    Hoping there are some folks here who could point me in the right direction. I'm certainly not giving up on metals just a bit board with them and looking for another way to possibly make some money work for me without having to become a friendly neighborhood crack dealer.

    This is the only board I post on and I figure there are plenty folks here who knows what's what.

    I'm listening...
     
  2. Alexis John

    Alexis John New Member

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    Well its a good option.
     
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  3. Zed

    Zed Size doesn't count! Midas Member

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    The guys that I know that trade US stocks use Interactive Brokers.

    https://www.interactivebrokers.com/en/home.php

    Access to a huge range of instruments and global reach if you need it. I think you can buy the ASX through them.

    2c DYODD etc...
     
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  4. GOLDBRIX

    GOLDBRIX God,Donald Trump,most in GIM2 I Trust. OTHERS-meh Site Supporter Platinum Bling

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    I like(d) Scottrade but they have just been bought by TD Ameritrade so in 2017 I'll be absorbed by them.
    I liked National Discount Brokers but they're gone too. (When you logged in there was a duck quack when it connected)
     
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  5. Weatherman

    Weatherman In GIM since 2006 Gold Chaser Site Supporter

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    Another good online broker to consider is OptionsXpress (https://www.optionsxpress.com/login/login.aspx?r=1). I do my stock trades through Scottrade, so I don't know much about stocks with OptionsXpress, but they are very good with options and futures too. Good luck!
     
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  6. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Alexis I thanked your post just to be your first thanks.

    Wasn't sure which option you were referring to.

    Anyhow, welcome to Gim.
     
  7. louky

    louky Silver Member Silver Miner

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    For small time, testing the waters type trading, i would use robinhood. No fees.

    Then once you get comfortable, any one of the brokers mentioned or Fidelity, etrade, whatever.
     
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  8. Alexis John

    Alexis John New Member

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    One way to determine whether or not the company will be able to maintain and raise its annual dividend yield is to look at its free cash flow. This is the amount of money left over after capital expenditures.
     
  9. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Thanks, I went the friendly neighborhood crack dealing route.
     
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  10. Montecristo

    Montecristo Silver Member Silver Miner

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    I use Interactive Brokers because I mostly purchase junior miners and IB gives you easy access to The TSX.
    IB is way more advanced for what I need it seems a bit like driving a Corvette to make a short run up to the corner market, but if you're into junior miners and want to trade it's a good way to go.
     
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  11. andial

    andial Sir Midas Member Site Supporter ++

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    Toronto Dominion Ameritrade. My main positions have been steel stocks I am out of them right now own marijuana stocks plus paper stock plus a short bond ETF. No fecking Gold or Silver in my trading account just physical is good to have some dead money they say.
     
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  12. Weatherman

    Weatherman In GIM since 2006 Gold Chaser Site Supporter

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    Be cautious about "no fee" brokerages. You seldom get more than you pay for. I tried a "no fee" account with Zecco a few years ago, and I quickly realized why they could offer "no fee" trades. The fill prices were atrocious. When I complained to Zecco, they essentially said the traders they use can assign their worst prices in a window that is several minutes long AFTER my fill price should have executed. That can be an eternity in a fast moving market. Needless to say, I quickly closed the account with Zecco. FWIW, Scottrade fill prices are always excellent.
     
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  13. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    I checked out the Robinhood bunch. Seems they earn interest from the digits in the collective accounts. Also requires an Apple devise to run the app.

    Dial, I'm with you on the smoke stock. I have a good friend who took his life savings and bought 10 acre in Colorado 2 years back.
    He's not so much into the flower side, he employs a full time botanical genetic engineer, to cross breed and create strains that are well suited for producing the oils that are proving beneficial for those suffering from epilepsy, his having a step son who's life has been changed from it.
    Recently I'm told he's received a partnership and funding from a mid major university in Tenessee.
    So in effect he's in the seed business, tells me it looks like he will clear a 6 figure gain this year and I couldn't be happier for the guy.
    Now that they have passed legislation here, he will probably be moving his operation home and avoid the weekly flights and drives to and fro.
    He is a completely self made former plow boy who has risk it all on several ventures, some didn't pan, but I think he's timed this to near perfection and he is passionate about what he's doing.
     
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  14. andial

    andial Sir Midas Member Site Supporter ++

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    The only thing I worry about is Trump said he was for relaxing pot laws but some of the people he hires might be hard on the stuff guys like Christie or Giuliani who equate Marijuana with heroine or meth heads.
     
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  15. chud

    chud Seeker

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    TD Ameritrade, or eTrade.
    Just open an account with either one of them.
     
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  16. louky

    louky Silver Member Silver Miner

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    I have robinhood on android. I'm not recommending this as a primary trading account. I put 1k in a year ago and trade for fun instead of playing angry birds. ;)
     
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  17. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    I'll check it out again I thought it was Apple exclusively.
     

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