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| ezmoney7 |
 Posted: Sun Apr 15, 2007 8:52 am Post subject: e trade or scottrade? |
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Investing Associate
Joined: 12 Apr 2007
Posts: 12
This Month: 0
2418.74 e$
Net worth: 6,866.08
Portfolio Value: 4,447.34
Monthly Return: -16.23%
Trades this month: 0
Churn Rate: 0.00%Items
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| hey everyone. I gotta quick question. i was wondering if it would be better for a young new investor to start with e trade or scottrade. my friend told me that e trade is better because they offer many free stock researching tools. but when i checked em out they had very unattractive rates unless u are a professional that does a lot of trading. I think i will end up goin with scottrade because they have lower rates and i'll just do ma research on yahoo or somethin. if there is a better online broker other than the ones i mentioned let me know. any opinions are greatly appreciated. |
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| Im Not Warren Buffett |
| Posted: Sun Apr 15, 2007 9:17 am Post subject: |
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CFO
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Scottrade definitely has one of the better fee structures and customer service reputations of online brokers. From what I remember, ETrade's stated low commission rates only apply to very active traders...
If you need help with your research, you can post about it here or message me - I spend a good deal of time looking at stocks and have my own website where I write about my findings. Anything in particular you are looking at? |
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| Grimreaper |
| Posted: Sun Apr 15, 2007 12:50 pm Post subject: Re: e trade or scottrade? |
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CFO
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| ezmoney7 wrote: | | hey everyone. I gotta quick question. i was wondering if it would be better for a young new investor to start with e trade or scottrade. my friend told me that e trade is better because they offer many free stock researching tools. but when i checked em out they had very unattractive rates unless u are a professional that does a lot of trading. I think i will end up goin with scottrade because they have lower rates and i'll just do ma research on yahoo or somethin. if there is a better online broker other than the ones i mentioned let me know. any opinions are greatly appreciated. |
I predominantly play sub $2 stocks....and many times I buy OTCBB stocks trading for less than .25 centavos. I refer my picks to a guy who trades using Etrade...I use Ameritrade. On several occasions he was left with partially filled sell orders even though his tawget price was met and exceeded in regular hours trading....HDTV is an example of one where we both had a limit sell at .38 open about 2 days before the move came out that slammed it down to where it is now. My order got filled easily....his order using Etrade did not. There were also at least 2 other examples where he lost out becuz ov bad execution by Etrade. I really never had problems with fills using Ameritrade...except on some OTCBB stocks and I can't blame them fo dat. That said...I do notice that Ameritrade has consistantly gone on da fritz during fast mawket selling days. I don't expect to get caught in a BIG down day being extremely long the wrong stock.....so I will have no beef wit Ameritrade when the day comes and all da little sheeple gamblin on da stock mawket all want out at da same time. But based on "eeeeeeaaz ov execution"....I'll give Ameritrade a nod....$10 bucks a trade is fair value as fer as I'm concerned.  I also likeda fact dat Ameritrade's trading platform shows you da bid/axed size, the size of the last trade, all da good chit a trader needs ta know.  |
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| Willcarsrule |
| Posted: Sun Jul 08, 2007 4:55 pm Post subject: |
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Investing Sr. Associate
Joined: 08 Jul 2007
Posts: 64
This Month: 0
219.69 e$
Net worth: 11,907.69
Portfolio Value: 11,688.00
Monthly Return: -29.41%
Trades this month: 0
Churn Rate: 0.00%Items
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| Im partical to scottrade.. i have been tradin online for years |
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| eamoses |
| Posted: Sat Aug 09, 2008 3:03 pm Post subject: |
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Investing Manager
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Scottrade is the better one of the two, unless you have 50,000 to start with... otherwise your trades are more expensive. Also, let me know via a PM if you are interested, I could send you a referral and we would both get a few free trades.  |
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| zerolikedis |
| Posted: Sat Aug 09, 2008 7:51 pm Post subject: |
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Investing Manager
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| eamoses |
| Posted: Sun Aug 10, 2008 3:59 am Post subject: |
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Investing Manager
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| just picked the thread from the list, didn't want to start a new one if one was already here... |
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| davef139 |
| Posted: Fri Aug 15, 2008 8:27 am Post subject: |
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Investing Associate
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| Does etrade offer free DRIP? thats one downfall of scottrade I found out. |
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| eamoses |
| Posted: Fri Aug 15, 2008 1:20 pm Post subject: |
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Investing Manager
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| thats a good question, i personally don't do DRIPs, you can probably check the etrade page, or call the number and ask. |
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