By admin, on March 30th, 2012%
Question by ThereIsNoHope: Say I buy a dividend paying stock at my discount broker?
It happens to be Scottrade. Where does the dividend payout go? Does Scottrade receive it and is it added to my account or is it sent to me? Its not reinvested in the companies stock I take it?
Best answer:
Answer by BangkokBobIf your broker holds the stock for you in your account, the dividend is either reinvested or held in your ccount in a money market fund or paid out to you. It all depends what you instructed them to do when you opened . . . → Read More: Say I buy a dividend paying stock at my discount broker?
By admin, on March 3rd, 2012%
Question by fiber0optic0veteran: Best discount broker for prospective day / swing trader?
Or is it wrong to think that discount brokers can satisfy these interests.
Is it true that brokers have different execution speeds for placing orders?
I enjoy momentum speculation and trading within a 7 day time frame, I seem to do well on the simulation programs.
I plan to start with $ 10,000 with $ 500 plus per month additional capital.
there are so many different reviews when i google this topic.
Best answer:
Answer by peilthetraveleryou need a minimum of 25,000$ to day trade. If you . . . → Read More: Best discount broker for prospective day / swing trader?
By admin, on February 26th, 2012%
Question by William B: What’s a good and cheap discount broker for Canadians?
I know it’s foolish but I play the stock market with just $ 6000 dollars and I am just getting hammered by TD Waterhouses $ 30 commission. I think I’ve payed just under a thousand dollars in commission and it’s getting harder to cover that cost especially in recent market conditions. I’ve tried interactive brokers but they won’t let me trade because I’m too young. Does anyone know of a Canadian brokerage providing cheaper trades with no minimum balances or trades?
Best answer:
Answer by . . . → Read More: What’s a good and cheap discount broker for Canadians?
By admin, on February 22nd, 2012%
Question by xxsnapshot: I need good trading charts and discount broker any recomendation?
Best answer:
Answer by jebediabartlettFrom what I hear, Scottrade is really decent from a trading standpoint…even to the small investor. I’m more long- term, but day-traders I converse with rave about the screeners you can modify with ” highs of the day” and ” volume moves” etc. etc.
What do you think? . . . → Read More: I need good trading charts and discount broker any recomendation?
By admin, on February 20th, 2012%
Stock Brokerage Firms – Should I Pick a Traditional Or a Discount Stock Broker?
In bull markets and bear markets stock brokerages seem to pop up everywhere. You will see full-page advertisements in newspapers and on financial websites for brokers which offer various incentives to first-time investors and to those who have existing investment accounts with other brokerages. But what are stock brokerages and how do you determine the right one for you?
Stock brokerages are highly regulated financial services firms that play a critical role in the buying and selling of stocks on all major exchanges. . . . → Read More: Stock Brokerage Firms – Should I Pick a Traditional Or a Discount Stock Broker?
By admin, on February 20th, 2012%
Question by : What is the best online discount broker for new investors?
Best answer:
Answer by Redjr01I like Scottrade because of the low commissions. However, it depends on your level of expertise. If you need some guidance I would go with Fidelity, Schwab, or other online brokers that offer guidance. They may cost more per trade but if you need a little guidance, they’re good. With the bigger online brokers they do have active trader discounts. So, when you are looking decide if you are an investor or a trader.
What do you think? . . . → Read More: What is the best online discount broker for new investors?
By admin, on February 18th, 2012%
Question by Laura C: I need guidance on choosing a discount broker for purchasing stock. Who do you use and why?
I have been looking into Charles Schwab, e-Trade, Ameritrade, Scottrade and TradeKing. Any feedback or additional information you could give me would be greatly appreciated, since I have heard conflicting information (especially about e-Trade, Ameritrade, Scottrade and TradeKing’s hidden fees and poor customer service…and nothing negative about Charles Schwab, but they do seem more expensive.)
Best answer:
Answer by stevel226I use Scottrade because they only charge $ 7.00 a trade. They only require a $ . . . → Read More: I need guidance on choosing a discount broker for purchasing stock. Who do you use and why?
By admin, on February 3rd, 2012%
Tips on Identifying the Best Stock Broker: Understanding the Types
Article by Russ Babka
A stock broker provides unmatched assistance in buying and selling stocks to maximize returns. Since stock brokers are abreast of pertinent economic, political and other information, they can help identify potentially lucrative trades. Note that stock brokers are basically intermediaries, and execute deal on their clients’ instructions. However, there are some clients who vest their brokers with their permission.
Types of Stock BrokersBroadly speaking, there are three types of stock brokers:
Full Service Stock Brokers
As traditional stock brokers, full service brokers assist their clients with a . . . → Read More: Tips on Identifying the Best Stock Broker: Understanding the Types
By admin, on February 1st, 2012%
Question by davideexpert: How to sell pink sheet stocks w/o using brokerage firm, since broker raise huge discount on pink sheets ?
It is said that if to sell pink sheet stocks, one must to open an account with an broker/dealer house. But since pink sheets are thinly traded, brokers charge significant discounts on pink sheets. How can i bypass this procedure to find a way to sell my pink sheet shares myself to avoid or lessen the discount charges?
Best answer:
Answer by Jade CAs far as I know, the only way to trade pink sheet shares is though . . . → Read More: How to sell pink sheet stocks w/o using brokerage firm, since broker raise huge discount on pink sheets ?
By admin, on January 30th, 2012%
Question by Princess: What does a broker at discount brokerage do?
Can anyone sort of discribe a broker’s job duties at discount brokerage? What is it like??
Thanks
If it’s discount brokerage why do they have to cold call?? Like people works at e-trade or ameritrade? People would just call them if they need to place a trade right?
Best answer:
Answer by Reapor-ted!brokers, universally, are middle men/women in their fields. depending on what field you’re in, some leads are provided, others must be obtained, by you-through cold calling. you have your pick of the litter in terms of vendors . . . → Read More: What does a broker at discount brokerage do?
|
|
|
Recent Comments