Advertise on Bikeforums.net



User Tag List

Results 1 to 13 of 13
  1. #1
    You Know!? For Kids! jsharr's Avatar
    Join Date
    Apr 2005
    Location
    Just NW of Richardson Bike Mart
    My Bikes
    '05 Trek 1200 / '90 Trek 8000 / '? Falcon Europa
    Posts
    6,117
    Mentioned
    12 Post(s)
    Tagged
    3 Thread(s)

    Stock Traders of Foo

    Anyone here trade online? What brokerage firm do you use and why? What trading software if any do you use and why? Interested more in the software end of the equation. How you made your choice, why you made your choice, what does the software cost per month if any, etc?
    Are you a registered member? Why not? Click here to register. It's free and only takes 27 seconds! Help out the forums, abide by our community guidelines.
    Quote Originally Posted by colorider View Post
    Phobias are for irrational fears. Fear of junk ripping badgers is perfectly rational. Those things are nasty.

  2. #2
    Senior Member TampaRaleigh's Avatar
    Join Date
    Oct 2012
    Location
    Tampa, FL
    My Bikes
    1986 Raleigh Competition
    Posts
    1,908
    Mentioned
    8 Post(s)
    Tagged
    1 Thread(s)
    Swanson FTW.


  3. #3
    Senior Member locolobo13's Avatar
    Join Date
    Oct 2011
    Location
    Phx, AZ
    My Bikes
    Trek Mtn Bike
    Posts
    810
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I use Ameritrade. Started with Datek. They merged with eTrade. Now it's Ameritrade.

    I haven't been paying attention to my stocks. As a consequence my holdings haven't done neither good nor bad, sort of blah.

  4. #4
    Riding Heaven's Highways on the grand tour ModoVincere's Avatar
    Join Date
    Aug 2006
    Posts
    1,676
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    I'm at Merrill Lynch, and can initiate trades online. I don't pay a fee, but I'm not sure what it costs to open an account there.
    1 bronze, 0 silver, 1 gold

  5. #5
    on by skijor's Avatar
    Join Date
    Mar 2006
    Location
    Wisconsin
    My Bikes
    Waterford RS-33, Salsa Vaya, Bacchetta Giro 20 ATT
    Posts
    880
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    No no. You've got to haggle.

  6. #6
    Slacker ZippyThePinhead's Avatar
    Join Date
    May 2009
    Location
    North Orange County, in Southern California
    My Bikes
    1986 Peugeot Orient Express, 1987 Trek 560 Pro, 1983 SR Semi Pro, 2010 Motobecane Le Champion Titanium, 2011 Trek Fuel EX 8
    Posts
    916
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Started with Waterhouse, which became TD Waterhouse, which became TD Ameritrade. I am moving away from actively trading-- it was more like speculating anyway, since I was not doing deep research-- and I have been consolidating accounts at Vanguard. Moving toward something simpler. I have a paper account at Optionsmonster, but haven't done anything with it. I have friends who are full-time investors/day-traders, but I don't have time for that.

  7. #7
    GATC
    Join Date
    Jul 2006
    Location
    south Puget Sound
    Posts
    6,620
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by ZippyThePinhead View Post
    Started with Waterhouse, which became TD Waterhouse, which became TD Ameritrade. I am moving away from actively trading-- it was more like speculating anyway, since I was not doing deep research-- and I have been consolidating accounts at Vanguard. Moving toward something simpler.
    me too

  8. #8
    Slacker ZippyThePinhead's Avatar
    Join Date
    May 2009
    Location
    North Orange County, in Southern California
    My Bikes
    1986 Peugeot Orient Express, 1987 Trek 560 Pro, 1983 SR Semi Pro, 2010 Motobecane Le Champion Titanium, 2011 Trek Fuel EX 8
    Posts
    916
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    A couple of papers fueled an epiphany for me:

    Sharpe's paper on The Arithmetic of Active Management

    and

    McGuigan's paper on The Difficulty of Selecting Superior Mutual Fund Performance.

    In addition, this video may be of interest, even if it is not directly, 100% germane. It shows an important theorem of statistics in action: the Central Limit Theorem. As you can read in the write-up, the red bars on the glass where the marbles accumulate are investment returns from a fund managed by that company.

    Last edited by ZippyThePinhead; 07-08-13 at 02:26 PM. Reason: Added video

  9. #9
    Senior Member tizeye's Avatar
    Join Date
    Aug 2007
    Location
    Orlando, FL
    My Bikes
    1985 Falcon, 2008 Jamis Dakota Sport
    Posts
    102
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Was a broker at Schwab, but after laid off and no longer eligible for privacy of "Employee Branch" which limited coworkers ability to bring up my personal account, transferred out to what is now TDAmeritrade. That is my largest portfolio. For speculative set up account with Options Express, ironically now taken over by Schwab. They were one of the few that would allow advanced options trades (i.e. spreads) in an IRA. While contrary to industry BS/propaganda, I consider spreads safer than covered calls that most firms will allow. With spreads, I don't own a stock that I don't want to go up and be called away. Plus they allow straight speculative long calls/puts in retirement accounts. After layoff, I initially transferred to Scotttrade which lasted less than a week as they pissed me off - wouldn't approve spreads even in a taxable account. In a discussion with the branch manager, he noted that I more than qualified asset and experience wise, but it was corporate policy not to allow spreads for any customer. For data, charting and searches I use TC2000 and have used them for decades - back when on a dialup modem and still have a 5 1/4 floppy disk of their program.

    Another that I considered, but requires active trading to avoid charting/data fees is Tradestation. The were one of the premiere standalone charting programs (with competitor Metastock) but then they became a brokerage and made Tradestation part of their online platform. TC2000 meets my needs.
    1985 Falcon
    2008 Jamis Dakota Sport

  10. #10
    Riding Heaven's Highways on the grand tour ModoVincere's Avatar
    Join Date
    Aug 2006
    Posts
    1,676
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by tizeye View Post
    Was a broker at Schwab, but after laid off and no longer eligible for privacy of "Employee Branch" which limited coworkers ability to bring up my personal account, transferred out to what is now TDAmeritrade. That is my largest portfolio. For speculative set up account with Options Express, ironically now taken over by Schwab. They were one of the few that would allow advanced options trades (i.e. spreads) in an IRA. While contrary to industry BS/propaganda, I consider spreads safer than covered calls that most firms will allow. With spreads, I don't own a stock that I don't want to go up and be called away. Plus they allow straight speculative long calls/puts in retirement accounts. After layoff, I initially transferred to Scotttrade which lasted less than a week as they pissed me off - wouldn't approve spreads even in a taxable account. In a discussion with the branch manager, he noted that I more than qualified asset and experience wise, but it was corporate policy not to allow spreads for any customer. For data, charting and searches I use TC2000 and have used them for decades - back when on a dialup modem and still have a 5 1/4 floppy disk of their program.

    Another that I considered, but requires active trading to avoid charting/data fees is Tradestation. The were one of the premiere standalone charting programs (with competitor Metastock) but then they became a brokerage and made Tradestation part of their online platform. TC2000 meets my needs.
    Spreads and legs are concepts beyond most people's desire to get into.
    1 bronze, 0 silver, 1 gold

  11. #11
    Grumpy Member trsidn's Avatar
    Join Date
    Jul 2007
    Location
    Putting the 'fun' in dysfunctional
    My Bikes
    Cannondale CAAD8, Trek SU200
    Posts
    234
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Mariah View Post
    Transcendental enumeration.

  12. #12
    Senior Member tizeye's Avatar
    Join Date
    Aug 2007
    Location
    Orlando, FL
    My Bikes
    1985 Falcon, 2008 Jamis Dakota Sport
    Posts
    102
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by ModoVincere View Post
    Spreads and legs are concepts beyond most people's desire to get into.
    A few might take issue with that, or argue lack of opportunity to get into. Now where were we? Oh yeah. It is a matter with what you feel comfortable with. I tried Forex and gave up as leverage is nice until it works against you, and you can't be right all the time. It is also where spreads have saved me when I was wrong...legging out rather than fully closing the position in a single trade, and able to not only break even, but recoup my initial credit. Just so many possibilities.
    1985 Falcon
    2008 Jamis Dakota Sport

  13. #13
    Riding Heaven's Highways on the grand tour ModoVincere's Avatar
    Join Date
    Aug 2006
    Posts
    1,676
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by tizeye View Post
    A few might take issue with that, or argue lack of opportunity to get into. Now where were we? Oh yeah. It is a matter with what you feel comfortable with. I tried Forex and gave up as leverage is nice until it works against you, and you can't be right all the time. It is also where spreads have saved me when I was wrong...legging out rather than fully closing the position in a single trade, and able to not only break even, but recoup my initial credit. Just so many possibilities.
    I was really hoping someone would get that other post and run with it.
    1 bronze, 0 silver, 1 gold

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •