Anyone heard of Tradermob?

volpunter · Sep 22, 2015

It is a total ripoff. Do not believe those who pretend they know what they are talking about. It is about the same price as a close-to full-fledged Eikon terminal.
Charging such amount for a bit options strategy tweaking comes close to highway robbery.

I will just not get why a medical doctor (or someone close to being one) embarked on his studies and experience for close to a decade after high school to then decide they want to trade. Isn't that a waste of precious resources? I do not know why but I have seen more M.D.s fail in trading than people of any other background regarding retail trading, no idea why. This specific topic was discussed in another thread if I remember clearly.

Gibbersome said:
Volcube looks awesome, but $1089/yr, a bit expensive for a novice.

Guile · Sep 22, 2015

Gibbersome said:
Volcube looks awesome, but $1089/yr, a bit expensive for a novice.

You're a doctor.

Leo Chu · Sep 22, 2015

Gibbersome said:
I've been looking for a good papertrading site to get back into trading. I'm in my late 20s, a doctor who is towards the end of residency and wanting to play around with my measly retirement account.

I found out about Tradermob via another forum (reddit) and it was a pretty easy setup, and free. They allow trading in Options, Weeklies, and Stocks.

Wanting to know how many other people have tried it around here, and if there is anything better out there.

The site link is: www.Tradermob.com

I don't think it would be hard to get a demo account. Many trading platform or brokers can provide u demo accounts, including us. You mean you are getting back into trading. Does that mean u did trade before? Why did u stop trading?

Guile · Sep 23, 2015

volpunter said:
It is a total ripoff. Do not believe those who pretend they know what they are talking about. It is about the same price as a close-to full-fledged Eikon terminal.
Charging such amount for a bit options strategy tweaking comes close to highway robbery.

I will just not get why a medical doctor (or someone close to being one) embarked on his studies and experience for close to a decade after high school to then decide they want to trade. Isn't that a waste of precious resources? I do not know why but I have seen more M.D.s fail in trading than people of any other background regarding retail trading, no idea why. This specific topic was discussed in another thread if I remember clearly.

We're almost at full shit show level. My 10 second google research reveals that Eikon is 1800/mo. Volcube is 1089/year. Volcube is on par with a montly esignal membership in terms of cost.

volpunter · Sep 23, 2015

you are absolutely right, my apologies, I was thinking monthly rates for volcube. My wrong. (At least I can stand up and openly admit to be wrong at times). Hope my apologies are taken.

Guile said:
We're almost at full shit show level. My 10 second google research reveals that Eikon is 1800/mo. Volcube is 1089/year. Volcube is on par with a montly esignal membership in terms of cost.

Guile · Sep 23, 2015

volpunter said:
you are absolutely right, my apologies, I was thinking monthly rates for volcube. My wrong. (At least I can stand up and openly admit to be wrong at times). Hope my apologies are taken.

Shit show averted (for now at least). Apology accepted.

Gibbersome · Sep 24, 2015

Guile said:
You're a doctor.

Yes, but here in the US, we go through grueling and underpaid residencies. I've made ~$50k for the last 4 years and thinking about a fellowship that will pay me $60k for 2 more years. After that I won't really have to worry about money.

Leo Chu said:
I don't think it would be hard to get a demo account. Many trading platform or brokers can provide u demo accounts, including us. You mean you are getting back into trading. Does that mean u did trade before? Why did u stop trading?

Yes, if you can call it trading. I tried to buy low and sell high for a few months, I got lucky and made a little money. I didn't have the patience for it back then, but now I realize that making a little money over many, many years can really add up.