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I want to manly trade pinkys and other penny stocks. What broker does everyone use or would recommend. I was going to do choictrade but its not available for my state.
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you can trade stocks 'femininely' too, you know. Just ask some of the lovely ladies on this site. LOL!! (In reference to you saying: "I want to MANLY trade pinkys". HAHA! Still laughing.... Cheers! salemm.
quote:Originally posted by jca_1986: I want to manly trade pinkys and other penny stocks. What broker does everyone use or would recommend. I was going to do choictrade but its not available for my state.
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Everyone makes mistakes but I see where your coming from I will do it femininely too just what online broker do I use. My bank broker is killing me on com.
quote:Originally posted by salemm: you can trade stocks 'femininely' too, you know. Just ask some of the lovely ladies on this site. LOL!! (In reference to you saying: "I want to MANLY trade pinkys". HAHA! Still laughing.... Cheers! salemm.
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Not trying to give you a hard time... just Friday and off work in 15 minutes!! Yahooooooo! Actually... this question has been asked many, many times... and I always follow the answers. From what I've seen written, people say E*Trade seems to be the best 'all-around' brokerage. I use E*Trade here in Canada... and I think there is better out there FOR SURE (especially in terms of direct-contact service).... but others have sworn on E*Trade for moderately low commissions, ease-of-trade, allowing you to trade pinks, OTCBB, level II if needed, reliability... Anyway... you might want to include them in your comparison. Happy Weekend! salemm.
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I use Ameritrade, Not promoting it but also have no troubles either. Recommend opening Margin account. You can't use margins on pennies but you do waive the 3 day hold turn around on your money when you sell a stock within one day of purchase. $10.99 trades no matter how many shares. Got to watch out for some that charge you extra after so many shares. When trading at this level a Million shares can be easy and it would hurt if a premium has to be paid on that.
quote:Originally posted by Ric: I use Ameritrade, Not promoting it but also have no troubles either. Recommend opening Margin account. You can't use margins on pennies but you do waive the 3 day hold turn around on your money when you sell a stock within one day of purchase. $10.99 trades no matter how many shares. Got to watch out for some that charge you extra after so many shares. When trading at this level a Million shares can be easy and it would hurt if a premium has to be paid on that.
quote:Originally posted by jca_1986: So what could I use with pennies
I've had some problems with E-Trade, but they are very penny friendly, naever had anything I couldn'y buy or sell with them. If you are an active trader just $9.99
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I use FreeTrade mostly. Owned by Ameritrade, never have problems, first 20 trades FREE ea. month, only $3 per trade, unlimited shares. Can't beat it. They require $5K initial deposit, but after that, there is No Balance Minimum, which works for me, since I'm often UNDER $5K now. Good luck.
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Ameritrade is good just $10.99 for pennies or any stocks. Also, Free trade is ran by Ameritrade and works close to the same except it is free to trade. Must have $5000.00 to open and proof you are a experienced trader to use freetrade.
quote:Originally posted by jca_1986: So what could I use with pennies
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I use FreeTrade mostly. Owned by Ameritrade, never have problems, first 20 trades FREE ea. month, only $3 per trade, unlimited shares. Can't beat it. They require $5K initial deposit, but after that, there is No Balance Minimum, which works for me, since I'm often UNDER $5K now. Good luck.
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