Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

  1. Welcome to the 12ozProphet Forum...
    You are currently logged out and viewing our forum as a guest which only allows limited access to our discussions, photos and other forum features. If you are a 12ozProphet Member please login to get the full experience.

    If you are not a 12ozProphet Member, please take a moment to register to gain full access to our website and all of its features. As a 12ozProphet Member you will be able to post comments, start discussions, communicate privately with other members and access members-only content. Registration is fast, simple and free, so join today and be a part of the largest and longest running Graffiti, Art, Style & Culture forum online.

    Please note, if you are a 12ozProphet Member and are locked out of your account, you can recover your account using the 'lost password' link in the login form. If you no longer have access to the email you registered with, please email us at info@12ozprophet.com and we'll help you recover your account. Welcome to the 12ozProphet Forum (and don't forget to follow @12ozprophet in Instagram)!

Ameritrade

Discussion in 'Channel Zero' started by the_gooch, Apr 22, 2004.

  1. the_gooch

    the_gooch 12oz Loyalist

    Joined: May 15, 2002 Messages: 11,566 Likes Received: 429
    does anyone use this service or any other online trading service?

    i am looking to get in on something that can potentially blow up hard and dont want to pay a broker fee cause i am cheap.
     
  2. Abracadabra

    Abracadabra Dirty Dozen Crew

    Joined: Dec 28, 2001 Messages: 22,906 Likes Received: 113
  3. TheoHuxtable

    TheoHuxtable Senior Member

    Joined: Jan 5, 2004 Messages: 2,113 Likes Received: 1
    I don't fuck with stocks no more. They were too risky, so I deal with safer more reliable investments with steady dividends per month.

    I used to have Sharebuilder, which is pretty good. Ameritrade has slightly better features but is more expensive. And Scottrade is probably the cheapest. The thing about Scottrade is that they have offices all around the USA, so you can go to them in person if you'd like. The thing is Ameritrade requires you to put a few thousand dollars in the Money Market account whereas Sharebuilder doesn't require you to put any. And I'm not sure about Scottrade.

    The three I listed are probably best in regards to all-around price and quality service. I'm sure you can find some cheaper but with shitty service. I would consider E-Trade the best and most reliable service wise, but it's also among the most expensive. And I believe you have to sign up by putting a minimum of $10,000 down in the Money Market account.

    But I can't think of one online broker that won't have you pay a broker fee.
     
  4. the_gooch

    the_gooch 12oz Loyalist

    Joined: May 15, 2002 Messages: 11,566 Likes Received: 429
    ebay for buying stock? nahhhh fuck that.

    i'll stick with ebay for my old school starter jackets!
     
  5. the_gooch

    the_gooch 12oz Loyalist

    Joined: May 15, 2002 Messages: 11,566 Likes Received: 429
    thank you Aloysius.

    what is the minimum you need to open an account? i heard like 2g's?
     
  6. Abracadabra

    Abracadabra Dirty Dozen Crew

    Joined: Dec 28, 2001 Messages: 22,906 Likes Received: 113
    ok, try this instead
     
  7. TheoHuxtable

    TheoHuxtable Senior Member

    Joined: Jan 5, 2004 Messages: 2,113 Likes Received: 1
    I haven't fucked with stocks for a while but if my memory serves me correctly, yeah Ameritrade requires 2,000. Sharebuilder doesn't require that you put any money in. If you're interested in penny stocks, Ameritrade has those. They're riskier, but if you hit, then expect some mad cash flow.
     
  8. Milton

    Milton Senior Member

    Joined: May 21, 2003 Messages: 2,253 Likes Received: 0
    I use TD Waterhouse, but they fucked me when I set up the account.... I only have one stock, but that shit is about to blow...

    Holler
     
  9. TheoHuxtable

    TheoHuxtable Senior Member

    Joined: Jan 5, 2004 Messages: 2,113 Likes Received: 1
    http://sportsmed.starwave.com/media/pg2/2002/0813/photo/martha.jpg'>

    "I highly suggest you purchase shares in MSO."
     
  10. effyoo

    effyoo Elite Member

    Joined: Sep 2, 2002 Messages: 4,703 Likes Received: 0
    TD Waterhouse is who I use. A friends dad is a financial advisor for them, so it was a matter of trust that I chose them.

    I'm in for the long run with some mutual funds and slow growth stock, but if I can get in with something that doesn't require a large inital investment I might just throw a few hundred in just to fuck around with.

    Sorta like online gambling, but with research!
     
  11. nomadawhat

    nomadawhat Veteran Member

    Joined: Aug 24, 2001 Messages: 5,001 Likes Received: 2
    I use AMeritrade. I don't know if there's is a minimum. BUt if you spread out your investments between mutual funds and stocks it should work to your liking (if you are smart). I tried day trading on there once... buying and selling often, but that was a few years ago when the market crashed. I lost a grip but learned a valuale lesson. Invest mainly for the long term.
    and like effyoo said... i will jump on some stocks for a few days if the perfect opportunity presents itself. and i've been doing quite nice latley!!! made almost a G yesterday/today on BRCM and just sold before coming on here.
     
  12. krs702

    krs702 Senior Member

    Joined: Jul 6, 2000 Messages: 1,212 Likes Received: 0
    scottrade
    7 dollar sell buy fee
     
Top