What service does everyone use for trading? I know that with sharebuilder you can only invest on Tuesdays each month unless you want to be charged $5. There has to be a better program that doesnt charge you for day trading? What's out there and what are the details?
Posted by Birkoff on :
Lowtrades, cheap but no frills.
Posted by T e x on :
quote:Originally posted by Birkoff: Lowtrades, cheap but no frills.
Lowtrades my next account--wanna try that $20/mo "trading desk" with L2s
Posted by Batman on :
Lowtrades and choicetrade are both cheap and fast.
I use them both, usually lowtrades for AMEX, NYSE, and Nasdaq stocks over $1, because they are a bit faster than choicetrade and Choicetrade for stocks under $1 and those not in AMEM, NYSE, and Nasdaq, because they let me set stops on these, while Lowtrades doesn't.
The combination of the two is a good idea. I use the Lowtrades trading desk and L2s and QuoteTracker feeding on Lowtrades data (scottrade free feed for backfill) for free if I manage 25 trades a month (which I do). Choicetrade's java software isn't nearly the quality of the Lowtrade's trading desk nor as versitile and their supply of L2 data is not so extensive as Lowtrade's and choicetrade charges more for those services.
Posted by 10of13 on :
It's good to have 2 accounts..right now I have choicetrade and etrade... Choicetrade My orders seem to go through much quicker than etrade and it's $5 a trade