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Who is your online company of choice?

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by SnyCorp, Nov 4, 2007.

  1. SnyCorp
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    SnyCorp New Contributor

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    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:
     
  2. aptohosting
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    aptohosting Contributor Read Millionaire Fastlane

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    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
     
  3. piranha526
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    Re: Who is you online company of choice?

    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.
     
  4. SnyCorp
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    SnyCorp New Contributor

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    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
     
  5. JScott
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    JScott Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Re: Who is you online company of choice?

    How do you expect to buy 4000 shares of a company with only a $500 deposit?
     
  6. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I use Ameritrade and OptionsXpress.com - both have been very good w/no complaints.
     
  7. SnyCorp
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    SnyCorp New Contributor

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    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.
     
    Last edited: Nov 5, 2007
  8. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Re: Who is you online company of choice?

    Danger Will Robinson, Danger!!

    [​IMG]
     
  9. piranha526
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    Re: Who is you online company of choice?

    You might as well drink it away! At least you will get something out of the $500.
     
  10. SnyCorp
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    SnyCorp New Contributor

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    Re: Who is you online company of choice?

    HAHAHAH :eusa_clap: Because the concept... Or my :smx6::cheers: problem....
     
  11. SnyCorp
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    SnyCorp New Contributor

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    Re: Who is you online company of choice?

    I stopped drinking, I got too big..
    $500 in boze would just put me back 3 months.:smxA:
     
  12. piranha526
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    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.
     
  13. SnyCorp
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    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?
     
  14. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Re: Who is you online company of choice?

    How to Make Money in Stocks, by William Oneill. A subscription to IBD also.
     
  15. MrDoctor
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    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
     
  16. piranha526
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    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!
     
  17. DustinS
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    I'm so mad at myself for not buying those Dec 8$ puts :(
     

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