Hi everyone. I'm a newbie here. Have been reading posts for days, and gotten a pretty good feel of things here. Some excellent information, and very impressed with the expertise of many here. I have a couple of questions.. I have been using eTrade for 20 years, but feel as if it lags in transactions. I'm not trying to do this full time, but rather part time, and doing a combo of day trading/swing trading. Is there a good broker you suggest for me that would work well in combination with a good stock scanner? I know some use TD ToS with LightSpeed, but have read great feedback here about using a combo of Multicharts with IB. What do you recommend? I took the "Become a Day Trader" course from Investopedia, with former Wall St Trader David Green (Has anyone here heard of him or know anything about him?), and he uses a combo of TD ToS with LightSpeed, but figure to get your opinions here. Appreciate your time in advance! A little about me. Hack Day/Swing Trader, for 20 years. Have lost more than i've made, especially in the beginning when I started 20 yrs ago while working at Oracle, but then turned $500 into $20,000 about 12 years ago on a penny stock 'PTSC'.. I got swept away by RE investing, and left trading to buy, renovate, flip and manage rental properties. While doing that, I started up a successful Amusement Vending Company via equity from my RE Holdings. Went threw scary times when the 2008 Recession hit, and somehow lived to talk about it, without going bankrupt... Expensive lessons in life, but the important thing is to learn from your mistakes. Unfortunately, my previous experiences did make me a little gun shy, but I have come back swinging for the fences, albeit a little more conservative and calculated than before. I have always been humble, and tried helping others (Those with a good heart). I never act like i know everything, because we're ALLways learning Thanks for allowing me to be here among you pros.
Lightspeed Trader is very fast, offers DMA, per trade and per share rates and has a stock scanner called Lightscan. If you want to give us a try with $25,000 or more, you may use this promotion https://www.lightspeed.com/10k-2018/ Just email me with your name and phone number. If you want a demo, I can get you that too. Bob
Thanks Bob, appreciate the reply. Unfortunately, I'd love to put alot more money up, but I'd rather start small with about $4-5k. This is what I am forcing myself to start with, and hoping I can work some magic again like before. Is $25k you minimum balance to start with?
On all out DMA software, yes. On Lightspeed Web Trader, $10,000, but it is web based, only has one route to equity market makers, and has other restrictions vs our other platform. https://www.lightspeed.com/trading-platforms/lightspeed-web-trader/