Over 1 million in capital to trade with???
- Thread starter brandonr008
- Start date
So let me get this straight. This guy has millions of dollars, access to different brokerages and lots of resources, but comes on here to solicit advice from strangers...some of the strangers here are obvious hacks and trolls. Either this guy is another hack, a troll or just an idiot.
Honestly, why not have conversations with the guys at the prop firms and brokerages directly then solicit advice from a bunch of unknown handles and aliases whose only credibility is what they have developed on ET.
This post is a joke...
Honestly, why not have conversations with the guys at the prop firms and brokerages directly then solicit advice from a bunch of unknown handles and aliases whose only credibility is what they have developed on ET.
This post is a joke...
Quote from brandonr008:
Was not looking to trade with Goldman.. But that would nice
But I am interested in the RediPlus platform.. Back when I did a little day trading in 2000 I did use Redi and I liked it a lot..
With IB I can get 6 times buying power??
As far as IB.. I do have a account there but never really used it to much.. Did notice one time they sold stock 15 mins before the close so I would
Could not get a handle on there commission rate.. Sometime I trade in size.. Maybe 50k shares plus.. Unless I am reading things wrong there, the commission is insane.. But would be open to trade with them if there rates were inline with most brokers..
Etrade I pay 4.49 a trade, 25 cents on options and 2 bucks on futures.. Was working on getting a better deal with TD.. Think or Swim platform is nice.. But thinks its time to go a new route...
Sorry about the ignorant moronic responses. This place is the soup kitchen of finance where all the losers, degenerates and fast buck artists filter down to. Kinda like Florida in the real world.
[Currently I have over 1 million of cash to trade with, I have been trading with the Schwabs, TD, and so on.. And of course I do trade futures but I mainly like to trade stocks and options...
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Brandon,
If you want to get some answers and have some credibility, I would suggest giving more details; what you have been doing for the last 10 years, how did your returns look like over that time, which brokerages have you been usingand what didnât you like about them , what are you trying to accomplish. If you have been so successful until now why do you want to change it??
You say you are trading up to 10,000 option contacts a month, lets assume an average of .30 per contract that would be 300k a month.. thatâs seems like ALOT for a 1M account. I am sure if you explain your self better you will get better answers
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Brandon,
If you want to get some answers and have some credibility, I would suggest giving more details; what you have been doing for the last 10 years, how did your returns look like over that time, which brokerages have you been usingand what didnât you like about them , what are you trying to accomplish. If you have been so successful until now why do you want to change it??
You say you are trading up to 10,000 option contacts a month, lets assume an average of .30 per contract that would be 300k a month.. thatâs seems like ALOT for a 1M account. I am sure if you explain your self better you will get better answers
So let me get this straight. This guy has millions of dollars, access to different brokerages and lots of resources, but comes on here to solicit advice from strangers..
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Umm Red Flag you think?
Welcome to LaLa Land and Clown City. However, there are a few on here, that are worth more than that and trade very well. They tend to talk about other things and bout very little Trading.
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Umm Red Flag you think?
Welcome to LaLa Land and Clown City. However, there are a few on here, that are worth more than that and trade very well. They tend to talk about other things and bout very little Trading.
That about nails it. Those who are successful don't particularly care to talk about their success. They tend to spend more time in the political or economic threads. My guess is the OP has had some rapid success as of late and see's $ signs ringing in his head. He's dreaming big. At the get-go who doesn't?
Oh and ummm....that would be Ass Clown City
Oh and ummm....that would be Ass Clown City
Of the firms that will take $1m, I'd say ones to check out include Fortis Brokerage (now owned by CS?), MFGlobal, and UBS. You would need to phone this type of firm and talk about what you want to do to get pricing etc.
It's my understanding that IB may internalize your order flow (they call it "price improvement"), though not nearly as severely as Ameritrade/Etrade/etc., which I think PFOF or internalize approaching 100% of all customer orders.
It's my understanding that IB may internalize your order flow (they call it "price improvement"
), though not nearly as severely as Ameritrade/Etrade/etc., which I think PFOF or internalize approaching 100% of all customer orders.