Recent content by dave_liu

It sounds interesting. Thanks for sharing.

Take it easy, I have filed tons of trade disuputes with Etrade and got similiar answers like you. Now I just use Etrade for swing trading instead of daytrading.

I once got the similiar answer from Etrade. If this is true, everybody is fighting for a market maker.

Why bother to transfer? You just close your positions and transfer the money to your bank using ACH (takes less than 12 hours), then wire the money to IB. Takes less than 24 hours. That's it. I once had bad experience of transfering account. I have positions on the transfered account, it took...

Never use a market order. Several times I used market order at Etrade, they filled my order with very bad price.

What you said is reasonable. However a question remains: if IB can do it right, why not Etrade?

Thanks!

I really think Etrade is doing this kind of dirty things. BTW, Etrade was once traded as ET on NYSE, but now I can not find it. What happened? Is Etrade dislist? LOL.:D :D :D

They send me forms, then I sign and return with check. So for us regular mail, it may take 2 weeks for a round trip.

Yes, Interactive Brokers.:D It is pretty good on speed and execution. However you may overtrade there. So if you use Etrade, you might get a better performance than using Interactive Brokers. LOL:p :p :p

I have been with Etrade for more than 7 years. What I want to say: Etrade is the worst broker I have met. They have "good" customer service, but they are just liers. They could fill your buy order at top and fill your sell order at bottom. Sure they can file trade dispute for you, but 99% you...

I already opened an account with them and I am waiting for the paperwork to come. I might be able to trade after 1-2 weeks. I will post some after I get more experience with them. Until now I am happy with their customer service. It is pretty helpful and pretty professional. What I will focus...

Right, every broker charges per leg on the spreads. For example, if I buy 400 Butterfly, at IB, I need to pay 400*0.75*4=$1200, but at optionshouse I only need to pay 9.95*4=$39.8. It is much cheaper.

The commission is dirty cheap. $9.95 per option trading, unlimited number of contracts. I plan to open an account with them to try.