The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Who is your online company of choice?

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

SnyCorp

New Contributor
Oct 30, 2007
35
1
9
Helena, MT
I'm getting my feet wet if you will in the stock market, I'd like to know who you like for online trading?
Please keep in mind until I get use to things I'll have a small deposit $500 or so..
And I may trade less than 150 times per quarter..

so lets hear it, who do you like? :notworthy:
 

aptohosting

Contributor
Read Millionaire Fastlane
Aug 16, 2007
360
74
38
North Carolina
Re: Who is you online company of choice?

E-trade all the way. They have great research tools, and their fees are relatively low. The execution times are the best I have seen, and I have used Scott Trade and Fidelity. Good luck.

Tom C.
www.aptohosting.com
 

piranha526

Contributor
Aug 20, 2007
110
23
23
New Jersey
Re: Who is you online company of choice?

I'm getting my feet wet if you will in the stock market, I'd like to know who you like for online trading?
Please keep in mind until I get use to things I'll have a small deposit $500 or so..
And I may trade less than 150 times per quarter..

so lets hear it, who do you like? :notworthy:

Not sure if I understand you correctly: you will deposit $500 and trade less than 150 times per quarter.

If this is the case; I will let you know up front that you will be broke after 1 quarter.
I suggest a minimum of $10,000 to get your feet wet.

I only started with $3000 when I was 18 yrs old but that was in the late 1990's and I was at the right place at the right time to multiply my account right off the bat.

$500 is too little when you will be paying commissions near $18-$20 round trip. That's a 4% commission charge to your $500; a 100% chance of going broke!

Hate to break it to you that way but do the math and you will see it is not far fetched. I use Ameritrade and optionXpress.
 

SnyCorp

New Contributor
Oct 30, 2007
35
1
9
Helena, MT
Re: Who is you online company of choice?

"The sky is falling"....."The sky is falling"
J/K man
Thanks for your input, I've been watching about 10 stocks for the last 6 months. I just want to buy 4000 shares in one of the companies. I have family at E-Trade so they where one of the companies I was looking at, But it never hurts to ask around.
Thanks for all your input. Adam
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
32,448
123,423
3,751
Fountain Hills, AZ
I use Ameritrade and OptionsXpress.com - both have been very good w/no complaints.
 

SnyCorp

New Contributor
Oct 30, 2007
35
1
9
Helena, MT
Re: Who is you online company of choice?

How do you expect to buy 4000 shares of a company with only a $500 deposit?


I have a couple that I've done some investigating on and right now they are .10 a share.
Not huge, but not to long ago they had a high of .70 the company has a couple of new ideas coming together. All sign point to buy for me..
Really I could piss away $500-600 at the bar, so why not roll the dice :coolgleamA:
I'm not trying to get millions from the market right now, I'm trying to raise my capitol for real estate ventures in the Northern California market.
 
Last edited:

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
32,448
123,423
3,751
Fountain Hills, AZ
Re: Who is you online company of choice?

I have a couple that I've done some investigating on and right now they are .10 a share.
Not huge, but not to long ago they had a high of .70 the company has a couple of new ideas coming together. All sign point to buy for me..
Really I could piss away $500-600 at the bar, so why not roll the dice :coolgleamA:
I'm not trying to get millions from the market right now, I'm trying to raise my capitol for real estate ventures in the Northern California market.

Danger Will Robinson, Danger!!

Lost_In_Space_robot_body_1_2_2004.jpg

 

piranha526

Contributor
Aug 20, 2007
110
23
23
New Jersey
Re: Who is you online company of choice?

Really I could piss away $500-600 at the bar, so why not roll the dice :coolgleamA:

If you want to roll the dice, Vegas has better odds than penny stocks!

On a serious note, we aren't mocking you but just trying to help you. If you want to learn how to invest, take that $500 and buy several books and start your investing education. That will be the best roll of the dice! Seriously, I can recommend several excellent books to get you started if interested. We are all here to help, not make fun.
 

SnyCorp

New Contributor
Oct 30, 2007
35
1
9
Helena, MT
Re: Who is you online company of choice?

If you want to roll the dice, Vegas has better odds than penny stocks!

On a serious note, we aren't mocking you but just trying to help you. If you want to learn how to invest, take that $500 and buy several books and start your investing education. That will be the best roll of the dice! Seriously, I can recommend several excellent books to get you started if interested. We are all here to help, not make fun.

I know.....
I have so many ideas poppin in my head I can't sleep at night. I'm not sure if I should put a little in all the pots or all in one.
I'm apart of a unique home improvement industry and I'm trying to put ideas together that I can show "do it yourself" type people how easy and affordable it is. I need sleep I think...
What is you best books to read if you will?
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
32,448
123,423
3,751
Fountain Hills, AZ
Re: Who is you online company of choice?

I know.....
I have so many ideas poppin in my head I can't sleep at night. I'm not sure if I should put a little in all the pots or all in one.
I'm apart of a unique home improvement industry and I'm trying to put ideas together that I can show "do it yourself" type people how easy and affordable it is. I need sleep I think...
What is you best books to read if you will?
How to Make Money in Stocks, by William Oneill. A subscription to IBD also.
 

MrDoctor

New Contributor
Aug 13, 2007
75
8
12
Scottrade. $500 is too little, so just open a poker account, or bet on sports.

Wait, so you want to take a risk on OTC stocks?

PRVB


Good luck. Buy this one at no more than 0.17-0.20
 

piranha526

Contributor
Aug 20, 2007
110
23
23
New Jersey
To all E-trade customers and potential future customers:

Nov. 12 (Bloomberg) -- E*Trade Financial Corp. lost more than half its market value after the online brokerage forecast a decline in fourth-quarter earnings and a Citigroup Inc. analyst said the company may go bankrupt.

Glad I don't have my money here!
 

Sponsored Offers

  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Hey everyone, I have a big announcement to make about how we are going to be working with...
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Any update? Hey bud! When I can squeeze out the time to work, it's been going pretty well...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom