Online Trading / Stocks?

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  • Bavarian3
    E30 Fanatic
    • Dec 2003
    • 1230

    #1

    Online Trading / Stocks?

    Anyone recommend a good online trading broker? I was looking at https://www.thinkorswim.com/tos/suit.../landing-s.tos or http://www.tdameritrade.com/



    Since the markets are down and prices are ripe; anyone think it is not a good idea to invest?

    *Yes I know, asking market questions on a car forum is always a good idea...
  • rwh11385
    lance_entities
    • Oct 2003
    • 18403

    #2
    Scotttrade.

    But you're just better off giving someone else your money and and getting in fractions of a stock in a fund than paying commission out the ass (in and out) for some shares of one stock at a time... not very diversified. Just assume the market is more efficient than what you can find if you are not spending 100 hours a week doing research.

    I'm just upping the % contribution to my Roth 401k and gonna enjoy it 40 years down the road.

    Comment

    • delfin
      E30 Enthusiast
      • Nov 2007
      • 1064

      #3
      I'm pretty sure Zecco trade has free trades but they're delayed a bit.
      Advanded Delphin Division
      My e30s: 1987 325i/1994 318iT

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      • tubby17s
        Member
        • Nov 2007
        • 85

        #4
        have a look at thsi site. This is wat i do and i use the flash system.
        Trade online with Deriv, a regulated broker offering global market access, 24/7 support, and a simple 3-step sign-up process. Start now!

        There are additional programs that you can get that do algarythms to help.

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        • Money$hit
          Banned
          • Mar 2008
          • 1604

          #5
          Scottrade

          Get a margin account so you can wake up to margin calls every morning for a week straight like I did last week.

          Comment

          • Money$hit
            Banned
            • Mar 2008
            • 1604

            #6
            Originally posted by Bavarian3

            Since the markets are down and prices are ripe; anyone think it is not a good idea to invest?
            Any financials. Buy Citi after they announce earnings this week. Call me nuts, but I bought a ton of AIG. After they get all their loans paid, and start turning a profit again, they surely wont be a $2 stock like they are now. It may take awhile, but its a I think its a tremendous long position.

            I think alot of the capitulation is out of the way, and the big players will start moving in to do some bargain hunting this week.

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