Stock Trading Research
Please suggest a good Stock Trading platform?
I’m looking for a deep discount broker who I can establish an account with over the internet who will actuate my stock purchases given my specific variables. My research warns me of hidden fees and commissions above and beyond qouted prices of “$7.99 per trade”. I’m looking for advise from somebody who has sound trading experience and expertise. thank you
I have said for the last about 15 years that people who think that the cost of buy or selling securities is based on some commission rate knows nothing about trading costs.
It is illegal for a broker dealer to “hide costs and fees.” This will not be found in the USA from any legit firm.
However with that said, if one does not understand how trading works, how market makers works, understand trading spreads, and the difference in pricing of bids on different exchanges, one won’t even know they could be paying hundreds of dolars more on trades and all they see is that little whatever commission on their statement and they THINK they are getting a good deal.
That would be very naive thinking.
And millions of uninformed and inexperience traders and investors think that their cost is just some little commission.
For trading platforms there are many. Some b/D’s offer free ones, but they are only part of what people prob need if they are trading.
My pref would be:
http://www.equis.com/
A Reuters Company
Lam Research LRCX (NASDAQ:LRCX) Stock Trading Idea: 24.5% Return in 4 Months