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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
KChiefs1 11:12 AM 06-30-2021
Originally Posted by Rain Man:
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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MTG#10 01:32 PM 06-30-2021
Originally Posted by Hog's Gone Fishin:
Yep, using an actual Broker these days is outdated.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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KChiefs1 03:12 PM 06-30-2021
Originally Posted by Hog's Gone Fishin:
Yep, using an actual Broker these days is outdated.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 fucks can’t change our ways.
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KChiefs1 03:13 PM 06-30-2021
Originally Posted by Rain Man:
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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MTG#10 03:19 PM 06-30-2021
Originally Posted by KChiefs1:
Fidelity doesn’t charge anything even when you sell?
No
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Hog's Gone Fishin 03:50 PM 06-30-2021
Originally Posted by KChiefs1:
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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Rain Man 03:58 PM 06-30-2021
Originally Posted by KChiefs1:
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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Rain Man 03:59 PM 06-30-2021
Originally Posted by Hog's Gone Fishin:
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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Hog's Gone Fishin 04:01 PM 06-30-2021
Originally Posted by Rain Man:
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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eDave 01:40 AM 07-01-2021
Goldman Sachs, June 30 2021, 10:30PM

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Chazno 08:11 AM 07-01-2021
Originally Posted by KChiefs1:
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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KC_Lee 08:25 AM 07-01-2021
Originally Posted by Chazno:
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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crispystl 09:12 AM 07-01-2021
Did it squeeze yet?
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Nightfyre 09:44 AM 07-01-2021
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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Hog's Gone Fishin 09:52 AM 07-01-2021
Originally Posted by Nightfyre:
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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