Online Broker: Why eTrade is a Rip-off!
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- เผยแพร่เมื่อ 20 เม.ย. 2016
- Why eTrade is a Rip-off!
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I first need to give credit where credit is due. eTrade's marketing department is top notch. They put together a great marketing program and are very well known within the industry. However, does that mean they are the online broker you should choose?
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Did you really just spend 7 minutes explaining that $20 is more than $10?
No. It was an optical illusion.
ClayTrader lol
no! he just helped me understand that is more options than opening an account with ETRADE because I am new to this business. and I thank him for that.
Don't waste my time! Get to your point better/faster... Too much wasted breath!
@@Ty-uk9zs stop being such a drama queen.
But is not $10 is $9.99 you have save 1 penny like you have earn Penny after join Etrade.
haha
ClayTrader is such a loser
A penny saved is a penny earned.
What do you think about the app for iphone: Robinhood, I know is not a tool for day's traders, but as a poor* beginner it have been working for me. My goal is to end up working with big figures, but i have other expenses that dont allow me to pass a course or increase capital.
+Carlos Velez does Robinhood have a site where I can go look up my past transactions?
+Bev Renee' yes, you have a order history with in each share you have invested, it does not count with as much data as other software, but its really easy to use.
+Carlos Velez I also use RH. It's great for small accounts
+Carlos Velez If you're just getting started, then it is what it is, but yeah, you're right, definitely not for the high volume trader.
Maybe your next video can be about water and how every time you drink a class of water from the sink you are saving, no earning a dollar because you don't have to purchase it from the store.
Good idea!
Yes great idea about water. But must be at least 15m to be thorough
Yeah ... slippage and stuff man
what platform would you recommend.
Give this a look: claytrader.com/blog/best-online-stock-broker/
can anyone tell me why there is no option for Canada on etrade? I read that scotia bank in canada acquired that market and it's now called itrade (the canadian version - it sucks). can't seem to find a lot of info on it. All I want to do is access the Tokyo se without having to deposit a couple grand. I guess otc markets...
I have no idea. Hopefully someone else has some insight for ya.
E*Trade commissions are now $6.50, and $4.50 if you're a frequent trader. This video is obsolete now :)
What's your source? I still see $9.99. Before you got and call something "obsolete", site your source. Besides, even if it's true, that is still TERRIBLE commission for someone that is "active".
No updates on their site yet, regardless, those rates are still hideous.
They sent out an e-mail update to existing users, and the trading platform is updated with the new commissions rate. I guess the point I am trying to make is that Etrade has a commissions rate that is fair for all types of traders now, whether you want to trade a $50 stock or a $0.0005 stock, without any risk of hidden fees. You can pay a lot to lightspeed if you're a penny stock trader, and most other platforms have some additional fees for trading stocks under $1. Etrade lets you trade OTC stocks as well. Their only restriction is that you can't short anything under $1, after what happened with KBIO :).
Yea Fidelity just lowered from 7.95 to 4.95. I was going to move to a less expensive broker but now I wont have too.
Nice one Clay...
is speedtrader a good software?
Never used them. I believe their rates are a bit high. You might find this helpful: claytrader.com/blog/best-online-stock-broker/
S/o weird clvn ey
Hey man nice video I'd like to ask you what is a good trading website or program where I can open up a brokerage account?
Give this a look: claytrader.com/blog/best-online-stock-broker/
What about the spreads on options? Does each broker set its own prices? For instance if bid=9.60 mark=10.00 ask=10.40, are those numbers going to be the same anywhere you go? Or will it be different with different brokers? Right now Optionshouse has suspended paper trading because etrade doesn't support it(that's what they told me). I need to find another platform to paper trade on, but it would be good if it is one that I would want to stick with for real trading, especially options.
No. Spreads are determined by the market.
hi! thank for your video! I do a lot af scalping with ETF like JNUG or DUST. But i pay 10€ to much here in Italy... Wich american broker do you advise from Europe? thanks.
Interact Brokers - www.interactivebrokers.com/en/home.php is a good place to start.
what about trade king 4.99, can it be trusted?
Yes, it can be trusted. And while $4.99 still isn't a fantastic deal, it "is" still much better than $9.99
Thank you
Great video buddy, can you do a video on Aroon Indicator? do you know which broker have Aroon Indicator platform? I have Etrade and it doesn't look like they have it.
I have many training videos here - claytrader.com/training/
Hi Clay, I hope that you'd update the video as E-Trade got much better. It is now $6.95 and if you trade more than 30 times it'd be $4.95 - Cheers!
That's still a pretty terrible rate depending on your strategy.
It is $4.95 per trade in Charles Schwab.
what trading platform would you recommend?
This link should help: claytrader.com/resources/
+ClayTrader thanks a lot good sir
wat broker platform would be best for a begginer
Give this a look: claytrader.com/blog/best-online-stock-broker/
What do you use for your trading?
The answer to that and more here: claytrader.com/resources/
td ameritrade not much better cost wise, also 9.99 great platform tho. but with a small account you gotta place perfect trades to overcome the commissions
No they are not.
...www.TDAMERITRADE.com... used to be tdwaterhouse'''...probaly why i/m just now getting to know them ...NAME CHANGE IS WHAT GOT MY ATTENTION...'''...
Does eTrade provide dividend reinvestment and do they charge a fee for this service?
Give them a call.
Yes. No.
what online broker do you use?
The answer to that and more - claytrader.com/resources/
But wouldn't the pay off from the sell outweigh the cost to sell, if you play your cards right?
Correct. It's possible to "dig yourself out of the hole", but depending on the strategy, why not make the hole as small as possible that must be dug out from?
Thinkorswim platform charges the same, but you are an affiliate to them, right? are they any better in other ways? thanks Clay, great job
Nope. Not an affiliate to ThinkOrSwim.
What brokerage do you suggest for a beginner
I suggest this claytrader.com/videos/brand-new-trader-need-online-broker/
Is that just for each trade and not for each share traded just asking dont know
For each trade.
thanks for the short video clay im new to trading, didnt open a brokerage acccount yet so this helps
You're on the right path. Give this a watch and you'll see why you are going about things properly - claytrader.com/videos/brand-new-trader-need-online-broker/
This is a very good video. We use etrade and love the platform, But Clay is a 100% correct. We do about three round trips a day. And those fees add up!!
bla bla bla...get to the point.
bla bla bla... go watch someone else's videos.
lol
Cheers
ClayTrader yeah you know ur vids suck
What platform do you use?
Answer to that and more - claytrader.com/resources/
Which broker do you recommend?
Here ya go: claytrader.com/blog/best-online-stock-broker/
Any comments on Charles schwab? I want to begin trading stocks. And a person suggested Charles. Any video on "step 1" on becoming a stock trader?
I'd go here: claytrader.com/getting-started/ and here: claytrader.com/blog/best-online-stock-broker/
i wanna start trading but i can't find any trustable platform can u plz recommend
You are getting too far ahead of yourself, watch this - claytrader.com/videos/brand-new-trader-need-online-broker/
was optionshouse customer, and now become etrade :( . I am looking for better brokers. Any suggestion?
I know nothing about you, your strategy or your goals, so it's impossible to answer that.
Which broker are you using?
Answer to that and more here: claytrader.com/resources/
Not spending the extra $10 with etrade is not the same as earning $10
cgonwere You can only really trade blue chip stocks with robin hood can't wait until we can trade OTC for free
THIS VIDEO IS A COMPLETE FRAUD. Their pricing is 6.95 for 0-29 trades a quarter and $4.95 for over 29 trades a quarter. If this man had any ethics he would take down this video. Just go on E-Trades.com and you will see their prices.
this was also 2 years ago
Robert Doeden I understand what you are saying but the video is 2 years old and yes now he should take it down. Contact the gentleman and point it out. Likely an overlook or no recollection.
Robert Doeden, Just replace E-Trade with Broker Joe and reread to understand his clever insightful point.
What's with all the talk of what $20 is worth? Why don't you just make a video comparing platforms and prices? It's amazing to me that your argument is that cheaper platforms are just as good and yet you give no details at all in over 7 minutes.
It's like if you made a video claiming that McDonald's is cheaper than BK and just as good and then just rambled on for 5 minutes about how 50 cents is a sum of money. No substance.
Thanks for the feedback.
I have a both E trade an Td Ameritrade an I don't have any trouble with any of these guys. He is failing to mention the higher priced brokers will be around longer than any of the smaller brokers when the time comes.. That $20 dollars on every trade is paying for your info an web page an streaming you are using. I 've seen a lot of cheaper priced brokers that don't have half as much as the big brokers an has trouble with streaming info to you.. It is in all what you want for your broker.
" He is failing to mention the higher priced brokers will be around longer than any of the smaller brokers when the time comes" All brokers are backed by government regulations, so you're money is safe. That's why it is important to make sure they're members of FINRA and other government bodies. There are plenty of ways to wiggle around that can allow you to get all kinds of cost effective tools without needing to pay these huge fees. Here are some "wiggle tools" here if interested: claytrader.com/resources/
+ClayTrader I am a beginner day trader in Canada who plans to start with only a couple thousand dollars to play it safe. Can you give me your top suggestion for a broker? Thanks.
I would first learn how to read technical charts properly. Your choice in broker is not going to matter if you don't know what you're doing. So, just something to consider there. As far as brokers, give this a look: claytrader.com/blog/best-online-stock-broker/
I am a beginner as well, and I'm not from the US. I fine the "bare minimum" fees are the hardest hitting. International traders (I think that is the name) has really low bye and sell cost, but it's the bare minimum (sign up cost). $10'000. Any advice or other info?
I'd say you're getting way too far ahead of yourself anyways - claytrader.com/videos/brand-new-trader-need-online-broker/
What do you think of Questrade ?
They're decent from what I've heard. I have no experience with them.
What is the best website to trade and buy stocks from ?
That depends on quite a few things. This should help though: claytrader.com/blog/best-online-stock-broker/
I'm confused... So you have to pay $10 per EACH stock purchase? or $10 per bulk transaction?
So if I buy 10 stocks for cheap in 1 transaction, at a rate of .10 cent per stock, would I be paying $10.10 or $100.10?
For eTrade, it is $10 per buy/sell. So if you buy 10 different ticker symbols, it would be $100. If you buy 1 ticker symbol (10 shares in the order), it would be $10.
What one do you use ? Or do you trade at all ?
What I use, and more, found here: claytrader.com/resources/
which one is he completely biased toward? The one he works for
This video could be summed up as "watch out for fees and choose a broker with the lowest fees.
If it was that simple, people wouldn't be overpaying as much as they do lol
On a scale of 1 to 5 which brokers rate higher?
This should help ya out: claytrader.com/blog/best-online-stock-broker/
Liked first 8 seconds. Plus, a penny saved is a penny earned. So the cheaper broker is saying: Here, take ten bucks for executing each round trip with us! Effectively, the cheaper broker is *giving* you $500 for doing 50 round-trips. Damn, I have to say it out loud to see how clever and true that is. Thanks Clay. 😀😎
You're welcome. Cheers :-)
how old do u have 2 be legally to trade stock
18, you can trade before then, but a legal guardian would need to open up a "Custodial Account"
Ah well you just got them to drop their prices to ALA 4.95 LOL
are they a good broker now?
is the price was the only rip off about them?
It depends on what type of trading you're looking to do.
If i look to make 2-3 trades a day, should I create an etrade account?
probably not. They're better setup for long term investing imo,. if you're doing swing or day trading, their pricing structure isn't really suitable for it.
Even stop loss order too?
Yup. Any type of order.
I'm still struggling with long term everybody explaining and teach it but no one do a video live !
Long term what?
What do you think about the Robinhood trading app? Zero fees for trading.
My thoughts: claytrader.com/blog/broker-review-robinhood-trading-app/
This is sort of an E*Trade/Online Trade question
My understanding is that (I'm stating this in case anyone wants to correct me) when you purchase stock you're charged $10. When selling stock you're also charged $10.
Let's say that I am using E*Trade. I'm personally interested in penny stocks. So does that mean I should buy/sell in immense bulk (Let's hypothetically say they're all $ .85) to make sure I'm minimizing the trading fees?
Basically meaning if I buy $5 in stock I'll be charged $10, and if I buy $1000 I'll still be charged $10?
Is that right?
No. That's not good at all. Here is why - claytrader.com/videos/stock-broker-trade-plan-virus/
definitely going to look for a different broker. that Commission is the same as TDAmeritrade. a lot of times I would trade, and I was in the green, but after I exited It was in the red, super frustrating 😒!!!
Sounds like the same experience as many. The trade is doing well until all the fees and commissions get factored in.
I'm doing E-Trade Options for < $1 round-turn. This seems a bit out dated
I mean the video is a few years old....
@@claytrader even when you made the video info you provided was false. No active trader paid more than $5 per trade back then. And no TAF, SEC, NASD, etc fees all the other brokers charged. I was paying 2.95 flat, unlimited size.
@@liutasllc6338 not true
@@claytrader hate to break it to you but I had a personal account with them and an ira. Joint account with my mom. Account for my business and another one with my partner. Not all accounts were linked under same roof. I never paid over $5 a trade and got it lower within a quarter after showing volume.
Flash forward to today: E-trade doesn't charge fees on stocks and etfs. Just options, futures, etc. Even then it's still a lower fee compared to other competitors.
Btw, I'm a fan of your videos :)
Yup, much has changed for sure!
What about TD Ameritrade? I hear it's much better in comparison. Hopefully less of a rip off at least?
Your broker choice depends on your strategy and goals. Impossible for me to answer that for ya.
I heard this riddle many years ago before online trading.
The Brokerage House made money
The Broker made money.
Two out of three isn't bad.
haha, that holds some truth for sure.
Is there a platform that like Etrade has 6 or any virtual monitors ? TIA
+tusambolo It's a moot point. Just go out and buy more monitors with all the money you'd be saving by NOT using eTrade.
hahaha I just don't have the space for more monitors I live in NYC where one monitor takes the space of an apt.
+tusambolo Still doesn't justify paying eTrade type commission levels.
if i get into penny stocks on E-trade do i still have to pay $9.99 per trade?
Yes, you do. I'd highly recommend options for this: claytrader.com/videos/penny-stocks-vs-options-one-better/ and this: claytrader.com/videos/trade-penny-stocks-steroids/
Thanks man, all the best to your success.
Do you have to start with 2,500$ for just2trade? Because I only have 1000$
If that is their minimum, then yes. Don't look at it as "only have $1,000", look at it as "only needing $1,500 more".
First, If that is all you have to open an account you should not be in the stock market. Second, this video is a complete fraud. I trade at E-Trade and I pay less than $5 per trade.
You said Brokerage fees.. so are you using a broker to do your trades? because if you make your own trades on the site or the app.. it should be the lower cost.. no??
My fees explained here claytrader.com/videos/how-i-saved-33-on-commissions/
Thanks dude..you simplify things very well..especially for a beginner like me" so many others out there think everyone is an expert investor, and make their videos accordingly.
Thanks for the feedback. Glad you enjoy!
you have to pay 20 e every time u want to buy/sell?
Yes.
ClayTrader bullshit
Good news is, there are many other brokers out there - claytrader.com/blog/best-online-stock-broker/
ClayTrader ty
Where do you get $10 per trade? E-Trade is only $6.95 per trade, i just opened an acct with them.
This video is a few years old now, regardless, depending on your strategy, $6.95 is quite high.
By buying low and selling high I get the concept but I don't know to apply it in my broker account !
This link should help: claytrader.com/getting-started/
What do you think of TD Ameritrade? Their commission is $6.95
Depends on what your strategy/goals are.
Mix of day trading and swing trading and possibly also some long term investments (ETFs, etc)
Still too broad. There are about 8 million types of "day trading" and another 5 million types of "swing trading".
Trying to get E-trade to give me the free trades they advertised when I signed up.
Had to fight fight fight over it.
Don't use E-trade. They over charge you and hit you with hidden fees constantly!
On top of them telling over the phone I didn't have shares that I just bought.
They screwed me out of thousands.
Sorry to hear that.
If you're trading often your trades are $4.95, if not $6.95. (2018) You should be buying Etrade stock.
Which is still WAY TOO MUCH for someone who "trades often".
I am not sure I agree. I checked in to lightspeed and while their commissions are low, I could be paying a very high amount in commissions if I am taking away liquidity. So, if I traded 30k stocks, I could be paying $90 in commissions. That's terrible for a penny stock trader, isn't it? Also, etrade allows OTC trading and doesn't really charge for etrade Pro. I haven't paid anything for Etrade pro for the last year, even after not meeting the required minimum number of trades for the quarter. I think etrade isn't as bad as demonized on this video, it just depends on what kind of a trader you are.
Lightspeed is not for penny stocks, that's for sure. eTrade is still terrible anyway you slice it. Here's a more practical look at it: claytrader.com/videos/practical-look-trading-commissions-part-2/
what's your thought on suretrader?
Here ya go: claytrader.com/videos/claytrader-reviews-suretrader-online-broker/
ClayTrader The link is dead but I'm pretty sure you wouldn't endorse them. Offshore accounts make you a target to the irs etc etc
Yeah, you are right. I did NOT endorse them.
what kind of trading account do u recommend me a 18 or that has a part time job and saved up 1500 dollars to trade im really interested in the market
What does your education consist of? Random TH-cam videos?
ClayTrader are you insulting him? Lol
Not trying to insult him at all, but if he has little or random understanding of the markets, that $1,500 is not going to last very long.
Do you know anything about Suretrader? They only require $500 for day trading account because they're located outside of US, but some reviews are very negative. Also great video as always
+John McLovin They're a scam as far as I'm concerned. I will soon be doing a video on them.
+ClayTrader thanks for confirming
+John McLovin I had Suretrader for a few months. They are complete crap and even charge you $40 just to withdrawal money from your account. No other broker I know of does that!!
+Jaime Ness And there is...yet another... example of why they're terrible.
And then all the hidden fees and such kick in....
Have you ever used Etrade platform? You dont exactly know how much it cost to buy and sell stock through Etrade, do you?
Did you look at the date this video was published?
7 minutes went down the drain
Sorry to hear that.
ClayTrader Hey Clay, you may want to update this video or take it down altogether. Afterall it has been two years and commission has changed with E Trade.
is it really 9.99 to bye I thought that was only for sale not sound stupid but what about if you buy a $5 stock that cost $5 certainly just do a percentage when it make more sense
Yeah, it really is, no matter the price of the stock. There are many different fee structures out there, so that's just one of those pieces of research that need to be done when selecting a broker.
ClayTrader well I of have eTrade through my company haven't renewed it this year I just forgot what they do is take money out of check course and they gave you discounts for being a employee Insight Federal "retirement fun" (HCSG) did you hear companies doing that for their employees? I'm thinking of looking into Robinhood not related and thank you for responding to me
Nothing wrong with eTrade if it is for long term investing, but if you are wanting to be an active trader, the fees will add up in a hurry.
Good vid. You could add an example of purchasing $100 worth of a stock will result in you needing the stock to increase by 20% just to cover costs, a $1,000 will require a 2% increase etc etc
Great point! That really does do a good job of putting things into perspective.
Trades are 4.50 now when u make more than 30 trades per quarter. Plus their free pro tool, can’t beat that. Just signed up today
All depends on your trading strategy.
Thanks bro at first I was thinking like "he on that bullshit" but listening to the whole video you right and your making since rather save money than lose it
Yeah, over time, the numbers REALLY begin to add up, so why not put some of that money into your own pocket?
? Don’t drink the red stuff? Use charts? Huh?
Don't drink the koolaid.
gosh I have no idea where to start
Learn "how to trade" first, then worry about brokers and all that stuff. I'm not going to sit here and give you some high pressure sales pitch, all I'll say is that if you enjoy the free content I have to offer on my site and on TH-cam, I can very confidently say that I'm sure you would find great value in my premium content/training.
If interested, you can find my training courses here: claytrader.com/training/
Please let me know if you have any questions.
i wuld nOT wip may ASSSOLE on them
So you don't like eTrade is what you're saying? lol
Thanks for explaining third grade math to me...
You're welcome.
LOL
🤣🤣
E*Trade is $6.95 now not $9.95 and if you do 30 trades or more per quarter it's $4.95. Same is true at TDAmeritrade. OptionsXPress is little less and all the smaller brokers when you add up everything else is much higher than any of the above three. I was a stock broker for years and familiar with most of the trading firms. Oh, by the way, the above three will still be around in 20 years.
Yup, and depending on the strategy being used, they could still very well be too high.
it says that if you make 150 in a quarter is $8
If you're an active trader, $8 is still terrible.
I would love to learn more from you
Here you go claytrader.com/blog/
E*Trade is now commission free. Pull this video, or change the video name a brokerage that actually charges $10 per trade
Thanks for the thoughts Mike....
You're not mentioning the perks of trading foreigns with etrade!
Probably true since I'm not foreign.
What is your opinion of Timothy Sykes?
He seems odd, he just talks how he makes money but he doesn’t really say for free how he does it.
Thank you for your videos, fountain of knowledge.
I think he is a brilliant marketer and salesman.
Thank you Clay. You’re answer is very useful. Wish you all the best in all you’re doing.
You're welcome. Take care and let me know if you need anything else.
no! he just helped me understand that is more options than opening an account with ETRADE because I am new to this business. and I thank him for that.
Thanks.
E trades prices are going down this month! Check them out and let me know what you think about their new prices.
It's better, but still overpriced from what I've seen their new prices to be.
Wait wait wait back up... So... If I pay $5 for something instead of $10... You're saying I save $5? Investing is so complex.
HAHA may the youtube gods grant you many clicks.
my 2 cents. I use etrade. I make a few trades a year (buy and hold kinda guy). I like the customer service, the easy to understand platform, the phone app coordinates with the website very well, I like where they hold my cash before I actually purchase a stock with it, I like their "research" area where you can watch videos and read articles on any aspect of investing.
That being said; I think they have their financial vehicles they want to push on customers, but it is a very gentle push.
And depending on your trading style/strategy the $10 can add up. "day traders" beware.
So really... it just depends. But yes I agree. $5 is less than $10.
Are you experienced in binary options? Maybe make a video to show what types of trading is better eg advantages and disadvantages
I plan on doing a "How Binary Options are a Scam" video at some point. Just need to find the time.
+ClayTrader Ahh ok would look forward to that. I'm not sure what makes you assume it's bad but then again there are good and bad bits about every form of trading. I'll be completely honest I began to trade binary options and started to accumulate a decent profit but being inexperienced and 'hungry' I ended up losing it all by placing one big trade with the hope of gaining more. I shall soon try it again after making some tweeks to my strategy. Also I believe to make a good income flow from binary it's more physiological than skill or study. You can study as much as you want but 95 percent of it relies on your mental state. For instance you need to know when to withdraw and so on.
Just want to say I've watched many related video types on TH-cam before but I never last more than a minute for some reason I can stick around till the end on your videos I don't know why but that should be a good thing lol Keep up the work (y)
You were a casualty of greed it sounds like. Not the first time the greed bug has bit someone.
+ClayTrader I agree with you. When you're young and have soo little, you try to grab as much as you can. Considering I only added £50 isn't too bad. Either way it's back to the drawing board for me. I am going to give it one last go to verify whether I have the ability to eliminate the 'greed bug' in me.
Or how about you tap the brakes, invest into some training, and "then" give it another try.
So no longer a rip-off?
Depends on what kind of strategy you are doing, but yeah, from a fee perspective, lots has changed since this video.
I use Vanguard for my 401K, The BEST. Thanks
You're welcome.
I once chased down a twenty that flew out of my hand on the toll way . yes I did get it back .
I like your persistence!
ok 10 to buy 10 to sell but lets say you buy a share for 3.60 per share and you buy 1000 so 1000*3.60 is 3600+10=3610 that you spent and the share goes up from 3.60 to 3.80 thats a really small percent it will most likely go up more but that comes out to be 3800-the 10 that you pay to sell and you still made 180 in one day from only 1 share if you can get a profit on 2 and more you will be making minimum of 300 a day. if ur smart or crazy i dont know you can go two ways sell all at once and when price goes down buy all of it back up with money made and money you had to start of with or sell half bring the price down and buy more on top so really from the 1000 you go down to 500 and then back up to 1400 shares so no matter what if you make a good investment you will make money so it is worth the $20 or $60 to use a good site when you are miking hundreds a day
And there are MANY good sites out there that do not cost as much, I agree with you, but when you look at things from a practical perspective as I illustrate here: claytrader.com/videos/practical-look-trading-commissions-part-2/ it truly makes no sense.
Here's a tip from a web developer.. QA your website so the order process works :)
I went here claytrader.com/courses/options-trading-simplified/ clicked the big fat button and it said my cart subtotal is 0.00, so I clicked checkout, and it said cart is empty.
uhm. how is this supposed to work? Tried it in both firefox and chrome.
Worked fine for myself and IT guy. Perhaps give it another try? If you are still having issues, please send us an email at support@ClayTrader.com
One of the biggest mistakes I made starting out, selling and buying too quickly.
Yeah. You're not the first to make that error.
Opened account with eTrade. They froze it. Been months and still cant get it open. DONT BUY WITH ETRADE
My guess is, you broke the pattern day trader rule.
ClayTrader I don’t day trade, I login to my Etrade acc on my phone and it said device is unrecognized and locked my acc automatically. called them and they refuse to open it bc they can’t verify identity even though I provided all the required official documents. Now they’re ignoring my calls and emails.
Sorry to hear that.
Thanks for this Clay!
You're welcome.
The fees dropped tho
Yup, and depending on the strategy being used, they could still very well be too high.
this video should be 1 minute.....
Thanks for your opinion.
wow that was fast.. i like your content and videos your awsome THANK YOU
You're welcome
I pay 2.95 was grandfathered in from option house buy out. I cant complain
Cool.
Hey, Im trying to get into trading. What should we use to start? How much money/Capital should I invest? Id be very appreciative if you can answer some simple questions, and Ill deff. subscribe.
Give this a look - claytrader.com/blog/getting-started-claytrader-intro/
Thanks mate, Im at work so ill look when I get home tonight, Im just REALLY want to make better money doing anything but IT.
You're welcome.