Help! Which Broker and TA tool do you use, Pro and Cons?

zippo

I am using Schwab now, but considering the commision costs for day trading or swing trading, it would be a big costs and it's adding up quickly for those trades.  The StreetSmart Trading tool for TA is not bad, but it has limited functions for time frame selection and TA indicators.  I have opened an OptionsHouse account, but it has barebone service without  good real time TA tools (or I did not find It?).  I am not a programmer, so I have to use off the shelf  software and I only trade stocks so far.  It would be greatly appreciated if anyone can provide your slection of brokage house, what software you use for real time TA and charting, and their pros and cons (including costs),  so that our frogs can minimize the first disadvantage (high commissions and bad or no TA tools) in this game.  Thanks in advance!!!

CoolMax

QuoteTracker

oldfairy

1. Fidelity

 ---$10/trade if you trade over 25 times a year

 ---$8/trade if you trade over 120 times or have over 1 M

---$19/trade if you do not request anything pro and cons very good information resources, have their own softwares and data, relative stable

2. BOA

less than 25000 deposit in checking/saving/cd account, $10/trade

more than 25000 in bank account, 0/trade (30 times a month) system OK,

sometimes you have some problems when you buy and sell at the same day, it will keep on asking you whether you are sure you want to buy and sell at the same day

I am not sure because I seldom use it. I remember that I did not find "trailing stop order" etc.

 

3. tdameritrade

currently, open one account and enjoy 0/trade for a month

seems their buy/sell order systems are very good

 

TA tools--amibroker/QT/stockcharts

amibroker used yahoo daily data for backtest

QT,stockcharts , read 60min data and they offer a lot of indicators.

 

also, mitbbs wavelets offer some free minutes data recently, currently free

chart.tickwatcher.com

 

[ 本帖最后由 oldfairy 于 2009-1-12 09:16 编辑 ]

wyemlyy

Zecco, 10 free trade each month with equity/cash balance over $2500. After 10 free trades, $5 per trade. Webbased trading only.

zippo

Thanks CoolMax,! this is an awsome software and it's free!!. I will download and try it. Question: can it use yahoo's data or other broker's streaming data besides Amritrade?

zippo

Thanks! LaoDa!. So much good info for comparison shopping!

zippo

WOW! thanks so much!

oldfairy

Collection from other website

Q:
菜鸟想进去试试手。现在一无所知。想找个地方开户，希望手续费低没有杂费那种？有这样的么？

A1 :

Post By：2009-3-19 0:23:00

scottrade.com還不錯  $7per transaction


A 2:
Post By：2009-3-19 1:13:00

interactivebrokers最便宜，100股$1手续费  

A 3:
Post By：2009-3-19 8:44:00

scottrade 找人refer的话有3个free trade.


A 4:


Post By：2009-3-21 5:06:00

一般trade用scotttrade,如果要做day trade可用Etrade

A 5:
Post By：2009-3-21 20:45:00

we use etrade. it's pretty good. 1st month 100 or 500 trades no service charge.

A 6:

   Post By：2009-3-23 17:49:00

偶佣 mbtrading,也是一百股一元

A 7:
Post By：2009-3-24 7:54:00

TDtrade 好像是500 免费trade, not sure in a month or pure 500 free trade. if your blance 25k or above, $100 rebate.

oldfairy

Q:

像是那些网上的小broker和那些著名的大broker的区别在哪里？

会不会执行交易的能力差很多？还是bid-ask spread很大？

手续费那么便宜真心动


A1:
有些broker烧不到你想要的股票