I want to get into trading and I only have $2000 to start with. Can someone please suggest either an online trading site that allows setting blocks on stock prices and such without me having to pay $17 a trade. Having to pay that much basically takes away any profit I might have earned. Any suggestions are a big help.
Posted by Bob Frey on :
^^ what Bob said.. great brokerage with great prices/fee's and customer service.. and it allows you to put stop/losses on penny stocks...
Posted by nomed on :
Been thinkin of going with choicetrade. Got one question about it though: Do the charge more on trades for stocks under $1, like scottrade? I am paying $10.50 now.
Posted by Racer007 on :
No they don't. Any stock any amount $5.
Posted by nomed on :
Nice!!! Thanks Racer!
Posted by Bowes on :
With choice trade, do they offer quotes and such?, How do I place an order? I wan't to know this information before I deposit money into the account.
Posted by stickfigurefred on :
How easy is choicetrade with say ACH transfers for withdraws and deposits. Scottrade sucks.
Posted by Machiavelli on :
quote:Originally posted by Bowes: With choice trade, do they offer quotes and such?, How do I place an order? I wan't to know this information before I deposit money into the account.
Of course they offer quotes for stocks... all brokerages do... and you place your orders online like all other brokerages.. no phone calls unless you want to or don't have access to a computer or internet...
Posted by Machiavelli on :
quote:Originally posted by stickfigurefred: How easy is choicetrade with say ACH transfers for withdraws and deposits. Scottrade sucks.
They are really good... and a little more then half the price in commissions/fee's then let's say Ameritrade for the same exact service.. never heard anyone complain about Choicetrade... Scottrade on the other hand I always hear complaints about...
Posted by kanalgeruch on :
quote:Originally posted by Machiavelli: ^^ what Bob said.. great brokerage with great prices/fee's and customer service.. and it allows you to put stop/losses on penny stocks...
I use lowtrades.com but they dont allow to put stop loss orders. Pls: you CAN actually put stop/loss orders on pinksheet and bb orders? Pls confirm..I would then switch in a minute!!!
Posted by wiesie on :
I use Scottrade because they don't have an inactivity fee and sometimes I am inactive! What about Choicetrade? Thanks
Posted by Machiavelli on :
quote:Originally posted by kanalgeruch:
quote:Originally posted by Machiavelli: ^^ what Bob said.. great brokerage with great prices/fee's and customer service.. and it allows you to put stop/losses on penny stocks...
I use lowtrades.com but they dont allow to put stop loss orders. Pls: you CAN actually put stop/loss orders on pinksheet and bb orders? Pls confirm..I would then switch in a minute!!!
Yes you can put stop/loss orders on Pink sheet and Otc-BB stocks...
Posted by Machiavelli on :
quote:Originally posted by wiesie: I use Scottrade because they don't have an inactivity fee and sometimes I am inactive! What about Choicetrade? Thanks
yes of course Choicetrade doesn't charge a inactivity fee.. most if not all brokerages don't charge such a fee.. all questions can be found on their site... www.choicetrade.com ....
Posted by knobula2 on :
how are the level ii's on choicetrade? otcbb and pink? how much extra does it cost? and what platform type do you guys use?
as for stop/loss orders, are they for only stocks $1 and up?
thanks in advance, kb
Posted by Machiavelli on :
ive already mentioned several times that stop/losses are for any price stocks.. meaning for stocks under $1 per share as well.. as for Level II's.. i dont use them because im not home most of the time to even use Level II... thats why i make my trading decisions at night and put stop/losses in case the trade goes against me... someone else would have to answer you about the Level II on choicetrade or else call their customer service # or explore their website for answers....