Investing (Stock Trading)

[liquid1010]

Who here does their own stock trading? Just wondering who you use?

[JAYMEZ]

I do , i go through water house ( TD)

[liquid1010]

Do you do yours all through the net? What are the costs involved...... flat fee? Transacation fees?

[marq-jt]

yah what stocks do u buy or sell and what not...lol

[Weapon_R]

Originally posted by marq-jt
yah what stocks do u buy or sell and what not...lol


If anyone knew that, do you think we'd be sitting here on a car forum?

[max_boost]

Originally posted by Weapon_R



If anyone knew that, do you think we'd be sitting here on a car forum? LOL:werd:

EVERYONE in this world is waiting for the next big thing, but no one knows what it is.......:rofl:

[liquid1010]

Originally posted by marq-jt
yah what stocks do u buy or sell and what not...lol

Brilliant... absolutly brilliant.:thumbsup:

In all seriousness, I wouldnt mind getting into this, and for me...... I learn by doing. I dont want to have an investment analyst tell me how/when/why/etc..... I want to learn the practical aspect myself.

[marq-jt]

just curios dont have to pick on me...geeze


:drama:

[JAYMEZ]

try Texas instruments .. if u want to go on the NY stock exchange , or do you want to go on Toronto?

[Mckenzie]

I use the tradestation platform, but I trade the dow jones on minute bars. Talk about stressful....I'm not sure about this sometimes.

[liquid1010]

I want the NYSE........ Texas Instruments?

[SOAB]

don't they make calculators?? :dunno:

[max_boost]

Originally posted by liquid1010


Brilliant... absolutly brilliant.:thumbsup:

In all seriousness, I wouldnt mind getting into this, and for me...... I learn by doing. I dont want to have an investment analyst tell me how/when/why/etc..... I want to learn the practical aspect myself. Go take a securities course or start reading some books then. Trading isn't the difficult part, knowing when to buy and when to sell is something so elusive, not even professionals can get it right. But of course they know so much inside shit about the market we don't know.

Oh yah, if you don't know what to do, just go dump some money in mutual funds (low/moderate risk). Have it sit there for 15 years and usually good for 10% returns.

[liquid1010]

Originally posted by max_boost
Go take a securities course or start reading some books then. Trading isn't the difficult part, knowing when to buy and when to sell is something so elusive, not even professionals can get it right. But of course they know so much inside shit about the market we don't know.

Oh yah, if you don't know what to do, just go dump some money in mutual funds (low/moderate risk). Have it sit there for 15 years and usually good for 10% returns.

I'm not a complete fool. I have my B.A., and am currently working through the Securities Course. The problem with this is that all my knowledge is theory based... and I want to learn some practical application. Mutual Funds are pretty basic, and I feel the best way for me to learn is to use real money; and learn through doing.

Back to the original question... who does anyone else use? Anyone use a strictly online brokerage such as E-trade, etc?

[roopi]

I use TD Waterhouse (only online). Thinking about opening an Ameritrade account as well though since there fees are only $10.99 a trade compared to TD's at $29.00. I'd keep the TD account though to trade TSX and TSX.V stocks.

[JAYMEZ]

^^^ Yup thats what i use , its easy and perfect for me.

[liquid1010]

Thanks for the info guys, much appreciated :)

[guessboi]

look into this and see what suits you...

http://www.globeinvestor.com/series/brokersurvey/

:D

[2UTH DR]

I use CIBC Investor's Edge

I believe its $25 commission per online trade, for under 2000 shares.

[Mckenzie]

The tradestation platform I use is $5 commisions. It is also $100 US for the month. Pretty good platform to use.

[H-Man]

If you want to play around with the practical aspect, you can always use Stockhouse Canada (www.stockhouse.ca). It's an easy way to play around without actually using your own money. That way you can get the hang of it before risking actual funds.

We play around with it at work sometimes, making various plays just to see how they would turn out - mostly because we can't make the investments ourselves.:D

[Paul]

I'm pretty sure RBC's Action Direct is the cheapest online brokerage. My brother is the Manager of Action Direct for Alberta, NWT, and Prarie Provinces. I personally use RBC's Dominion Securities (DS) who I am also currently trying to get a job with (except i just accepted a position at BMO).

Check out Action Direct.