Do Rich people have accounts with retail brokers like Ameritrade or E*trade ?

Bugsy said:
I used Etrade Pro. I have 24 gb of Ram. I have a 1 tb SSD. My internet speed is 100 mb/s.

How would hardware speed or internet connection cause all of their software to continue showing me each second loss of money as well as the buy button, while simultaneously graying out the sell button? How would that equate to a problem on my end? Why the lack of response from customer service afterwards?

Give credit where credit is due. It was their software.
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I think 100 MBPS is very basic, and not enough if you doing scalping or playing 1 min time frame. But i could be wrong, would like other member to confirm?

Also If you have 2GB graphic is not enough, most gaming laptops has 6GB Graphic. Trading Platforms function very similar to Gaming apps .
 
Bugsy said:
I used Etrade Pro. I have 24 gb of Ram. I have a 1 tb SSD. My internet speed is 100 mb/s.

How would hardware speed or internet connection cause all of their software to continue showing me each second loss of money as well as the buy button, while simultaneously graying out the sell button? How would that equate to a problem on my end? Why the lack of response from customer service afterwards?

Give credit where credit is due. It was their software.
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"showing me each second loss of money as well as the buy button, while simultaneously graying out the sell button? "
You mean should grey out both buy and sell button same time .. yeah, it's strange, i was wondering why also ?
 
TradeTune said:
I think 100 MBPS is very basic, and not enough if you doing scalping or playing 1 min time frame. But i could be wrong, would like other member to confirm?

Also If you have 2GB graphic is not enough, most gaming laptops has 6GB Graphic. Trading Platforms function very similar to Gaming apps .
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You think 100 mb/s is very basic? That's extremely fast. It's currently the fastest offered in my area right now, though 1gb is coming. Even 100 mb/s is overkill according to the technician who installed my line It has more to do with bandwidth and how much can be pushed through the line at once. Since it is only me that is far more than I need. I would venture to say 99% of the traders on ET would tell you 100 mb/s is more than sufficient.

My graphics card is an AMD Ryzen 3 2200G. You can see a review of it on this AMD's website if you think it's not good enough.

https://www.amd.com/en/products/apu/amd-ryzen-3-2200g

You seem to be trying very hard to put the fault on my end rather than Etrade's.
 
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Robert Morse said:
The very wealthy generally place money with A family office, asset managers, hedge funds, CTAs etc. I doubt there are very many multi billionaires out there that wish to day trade or invest on their own. And, if they do, I think they’re more likely to go to a large bank e.g. Goldman Sachs.
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yes, but i believe family offices need a broker account to buy or sell stocks
 
Bugsy said:
You think 100 mb/s is very basic? That's extremely fast. It's currently the fastest offered in my area right now, though 1gb is coming. Even 100 mb/s is overkill according to the technician who installed my line It has more to do with bandwidth and how much can be pushed through the line at once. Since it is only me that is far more than I need. I would venture to say 99% of the traders on ET would tell you 100 mb/s is more than sufficient.

My graphics card is an AMD Ryzen 3 2200G. You can see a review of it on this AMD's website if you think it's not good enough.

https://www.amd.com/en/products/apu/amd-ryzen-3-2200g

You seem to be trying very hard to put the fault on my end rather than Etrade's.
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No , don't get me wrong. Since i never had account wit E*TRADE, and for the reason i had read some negative reviews on internet about them, so if you read my first post, my concern was geared Toward E*trade executions too .
 
That is not what a family office typically does. They allocate toward managers, private equity and/or real estate. They build long term wealth and do not generally "trade".

trader45hf said:
yes, but i believe family offices need a broker account to buy or sell stocks
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TradeTune said:
No , don't get me wrong. Since i never had account wit E*TRADE, and for the reason i had read some negative reviews on internet about them, so if you read my first post, my concern was geared Toward E*trade executions too .
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This guy, who runs Warrior Trading, apparently had an issue with their execution as well. I'm not affiliated with him, nor do I follow him or his strategies. I remember seeing these videos BEFORE I began daytrading with Etrade. I took it with a grain of salt at the time.


 
I was
Bugsy said:
This guy, who runs Warrior Trading, apparently had an issue with their execution as well. I'm not affiliated with him, nor do I follow him or his strategies. I remember seeing these videos BEFORE I began daytrading with Etrade. I took it with a grain of salt at the time.


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i saw glimpse of this video when I was browsing for E*trade Pro on youtube and i can recalled it now, i have to watch it later, thanks
 
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