Anyone here trade stocks online?

[jjessico]

If so, what service do you use and why?

Thanks,
Jason

 

[DaveSimmons]

search of "broker" / "brokerage" should find some good responses. I use Schwab myself, but I don't really trade I just buy and hold mutual funds. Also their minimum to avoid account maintenance fees is pretty high compared to the others, last I checked you only need $5,000 in your account at etrade.

 

[Hector13]

I etrade myself, but I haven't really checked all the other options lately (opened my account a few years ago). What kind of trading are you planning on?

 

[m2kewl]

used etrade since it's inception.

 

[pillage2001]

scottrade if you have low capital to begin with.

 

[jjessico]

I am planning on buying/selling/holding stocks through my online account. I have mutual funds, which are dealt with through my broker at Morgan Stanley/Dean Witter. I am looking to invest between 3,000-5,000.

Jason

 

[rubenswm]

I've heard good things about Scottrade.

 

[alkemyst]

I am willing to bet due to opportunities I messed out on, that quite a few (more than likely inactive) people here are retired now due to trading online.

I know of some old acquaintances that made $10-500k on IPO's during the mid to late 90's, who would be only just turning 30 now.

 

[Evadman]

I used to use BuyAndHold at BuyAndHold.com but they raised their fees.

 

[Hector13]

Originally posted by: jjessico
I am planning on buying/selling/holding stocks through my online account. I have mutual funds, which are dealt with through my broker at Morgan Stanley/Dean Witter. I am looking to invest between 3,000-5,000.

Jason

well, I figured you were going to be buying/selling stocks
What I meant was, how often? Will you be buying and holding for the longterm or will you be day trading? ALso, do you plan on investing money continously (once a month or so) or are you going to stick with your initial capital?