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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-30-2021, 11:12 AM   #10381
KChiefs1 KChiefs1 is offline
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Pretty much all of the brokerages do no-cost trading nowadays. Start a Schwab or Etrade or Fidelity account and it's free to buy stocks.

That’s what I thought but wanted to make sure.

Thanks!
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Old 06-30-2021, 01:32 PM   #10382
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Originally Posted by Hog's Gone Fishin View Post
Yep, using an actual Broker these days is outdated. I use etrade but it pisses me off that the Webullers get to start trading 2 hours before I can.
That's why I opened a Webull portfolio. I just keep my Fidelity open for OTC stocks since Webull doesn't have them.
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Old 06-30-2021, 03:12 PM   #10383
KChiefs1 KChiefs1 is offline
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Originally Posted by Hog's Gone Fishin View Post
Yep, using an actual Broker these days is outdated. I use etrade but it pisses me off that the Webullers get to start trading 2 hours before I can.

I guess us old ****s can’t change our ways.
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Old 06-30-2021, 03:13 PM   #10384
KChiefs1 KChiefs1 is offline
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Originally Posted by Rain Man View Post
Pretty much all of the brokerages do no-cost trading nowadays. Start a Schwab or Etrade or Fidelity account and it's free to buy stocks.

Fidelity doesn’t charge anything even when you sell?
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Old 06-30-2021, 03:19 PM   #10385
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Originally Posted by KChiefs1 View Post
Fidelity doesn’t charge anything even when you sell?
No
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Old 06-30-2021, 03:50 PM   #10386
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by KChiefs1 View Post
I guess us old ****s can’t change our ways.
you would like using an online brokerage WAAAAY more than a live broker.
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Old 06-30-2021, 03:58 PM   #10387
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Originally Posted by KChiefs1 View Post
Fidelity doesn’t charge anything even when you sell?
All free to the average man on the street now.

I don't really know how these places make their money. I presume they're making it all off of mutual fund fees and transaction floats and stuff, so free stock trading is just to lure flies into their web.
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Old 06-30-2021, 03:59 PM   #10388
Rain Man Rain Man is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
you would like using an online brokerage WAAAAY more than a live broker.
Oh, yeah. Online accounts are the best thing since sliced bread.
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Old 06-30-2021, 04:01 PM   #10389
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Rain Man View Post
Oh, yeah. Online accounts are the best thing since sliced bread.
Yep, you can get drunk and sell and buy shit without some dumbass guy trying to tell you not to do that!
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Old 07-01-2021, 01:40 AM   #10390
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Old 07-01-2021, 08:11 AM   #10391
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Fidelity doesn’t charge anything even when you sell?
Fidelity is also revamping their apps and have solicited a bunch of feed back from WSB and reddit users after the influx of people moving from Robinhood.

https://www.reddit.com/r/fidelityinv...ease_timeline/
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Old 07-01-2021, 08:25 AM   #10392
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Fidelity is also revamping their apps and have solicited a bunch of feed back from WSB and reddit users after the influx of people moving from Robinhood.

https://www.reddit.com/r/fidelityinv...ease_timeline/
I've had a Fidelity account for a couple of years now. Very happy with both the website and app but would like to be able to customize my watch lists.
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Old 07-01-2021, 09:12 AM   #10393
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Old 07-01-2021, 09:44 AM   #10394
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I wish my TD would merge in with Schwab already. I rely so heavily on think or swim, but would love access to some of the international indices.
Doesn't look like they anticipate integrating until mid 2023 tho.

Today marks one year of executing my options selling strategy. I have generated a cash return on my brokerage balance of 132%. I continue to refine the strategy, and while activity has slowed down a bit in the past couple months with volatility shriveling, but I suspect that the strategy will be a sustainable source of cash flow for a really long time. I am also curious to see how well I can scale the strategy.
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Old 07-01-2021, 09:52 AM   #10395
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Nightfyre View Post
I wish my TD would merge in with Schwab already. I rely so heavily on think or swim, but would love access to some of the international indices.
Doesn't look like they anticipate integrating until mid 2023 tho.

Today marks one year of executing my options selling strategy. I have generated a cash return on my brokerage balance of 132%. I continue to refine the strategy, and while activity has slowed down a bit in the past couple months with volatility shriveling, but I suspect that the strategy will be a sustainable source of cash flow for a really long time. I am also curious to see how well I can scale the strategy.
Curious about your strategy. Is it to buy at a certain price and then when it goes up sell for profit. That's my strategy but sometimes it doesn't work.
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