Quote from thebuzzkill:
He asked and I am giving my opinion. I have used both and realfast trader and IB and I liked both. Pro's and cons to everything. I wouldn't poke fun at a company with wich you have no dealings with and I have. And to say that TWS is a decent platform is like saying the tracing paper toilet paper we had at school is decent because you have never used or cant afford anything better. Besides doesn't the review page for IB confirm that TWS is crap and isn't that your gospel. Please think before you give advice Mr Shit for Brains.
Yeah, I can see where you gave your "advice" considerable thought! LOL! Let's go through it.
First, you say you "wouldn't poke fun at a company with wich (sic) you have no dealings with and I have". The truth is I have not only had no dealings, I've never heard of them either. And obviously, the thousands of vistors to ET have either not heard of them, or have not seen fit to review them, because there is only one review in 2004. Now you can call that "poking fun". But clearly it is a factual observation.
Second, this guy is making 10-20 trades per month. You recommended a company for him that will cost him either $9.95 per trade, or .008 cents per share. There are better deals around, to include IB. IB would charge .005 cents per share for a 200 share trade. That's $1. 1000 shares is $5. This guy doesn't give his volume, but chances are it fits somewhere in this type of range.
Third, you call TWS "crap", compare it to "toilet paper". No facts at all, you just use some name calling. Yet, we have several hundred reviews of IB, that give IB solid average reviews. Further, my personal experience for a number of years is that IB is a great choice for retail traders, and that TWS is a solid platform. Now, maybe you're one of those pikers who relies on the charts. Most of the longtime users of IB don't use the charts. But in terms of execution and reliability, the vast majority of long-time users of TWS don't agree with your assessment. In other words, your advice is "crap".
My guess is you're an employee of realfastrade.com, trying to drum up some business. Let me just say that what you recommended for this guy was inappropriate and more costly.
Finally, when all else fails, your resort to name calling....always a sign of ignorance. Hopefully the OP will consider that before he actually takes your advice.
OldTrader
