Click to go to Forum Home Click to go to maXbimmer Home

Go Back   maXbimmer Forums > Misc > Off-topic
User Name
Password


Welcome to Maxbimmer.com!

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

Reply
 
Thread Tools Rate Thread Display Modes
Old 02-18-2011, 10:14 AM   #1
sirex
King Sirex
 
Join Date: Aug 2002
Location: Toronto
Posts: 9,846
Questrade



Just got my questrade account running for 3 weeks now and must say I'm pretty happy with it.

It was very easy to set up (specially if you have a scanner). Everything is simple to use, placing orders, selling stocks, etc.

My only gripes with it is that it can be a little confusing with purchasing american shares. I would like a more detailed and easy to read interface that properly shows you how much money was converted to USD, at what price, to make the purchase.

As it is now, its a little difficult to follow the history of transactions in that amount of detail. It's just not very intuitive. It can be a little confusing. Maybe thats just me.

In any case, other then some flaws that they are working to iron out, it works great. Its cheap to buy and sell stocks and does its purpose well.
sirex is offline   Reply With Quote
Old 02-18-2011, 12:27 PM   #2
Michel
6th Gear Member
 
Michel's Avatar
 
Join Date: Jan 2007
Location: Mississauga
Posts: 1,582
I had a questrade account a while back and yea they are great. Their customer service is also quick and helpful. I'm not sure what their platform looks like now, but I do remember it being a bit confusing. They have live agents you can talk to via instant chat that can help u btw.

For the USD conversion, what I have is a separate USD checking account that I convert cash into through my bank (but I get employee rate, so basically half-way between the bid/ask) and then link that account to questrade. I find it easier to monitor my exchanges that way... Goodluck with your trades!
__________________
Michel is offline   Reply With Quote
Old 02-18-2011, 12:52 PM   #3
damameke
6th Gear Member
 
Join Date: Dec 2008
Location: Canada
Posts: 1,367
I think Questrade has the cheapest trading commission, how's their research?
I went from TDwaterhouse to ScotiaiTrade, buy/sell is easy with instant quote
and dollar conversion...their research link is pretty good too..

Stocks are expensive now..ya.. goodluck with your trading...
damameke is offline   Reply With Quote
Old 02-18-2011, 01:15 PM   #4
sirex
King Sirex
 
Join Date: Aug 2002
Location: Toronto
Posts: 9,846
Im on the barebones ones, so not really any research. But I like how everythign is organized when you look up a company. Has all the information/news, etc.

I like TD webroker for research though. they have alot more info.

In any case, this is my first time buying/selling stocks. Only have 2000$ to really play with (as in I can afford to lose lol) Not much, cant really do that much with that amount.
sirex is offline   Reply With Quote
Old 02-18-2011, 03:37 PM   #5
damameke
6th Gear Member
 
Join Date: Dec 2008
Location: Canada
Posts: 1,367
Getting your feet wet.. with $2000 you cant do alot
but still can build with it.. if you do your due diligence
damameke is offline   Reply With Quote
Old 02-18-2011, 08:41 PM   #6
ScotcH
6th Gear Member
 
Join Date: Dec 2003
Location: Ottawa, ON
Posts: 1,876
I use it, it's great for "play" trading. I started with $1000 about 18 months ago. Now up to $3300 after a few lucky trades. I won't pretend I knew what I was doing, just some tips online and my own half-assed research. I have the 3x margin account, which makes it pretty easy to actually make a bit of money since you can move bigger amounts. Of course have to be able to cover it immediately if it goes to shit
__________________
2007 BMW 328Xi Touring, 6 speed
ScotcH is offline   Reply With Quote
Old 02-18-2011, 11:21 PM   #7
Morty
1st Gear Newbie
 
Morty's Avatar
 
Join Date: Oct 2010
Location: Hammer
Posts: 6
Love Questrade. $4.95 cent trades cannot be beat!
Morty is offline   Reply With Quote
Old 02-19-2011, 02:07 AM   #8
sirex
King Sirex
 
Join Date: Aug 2002
Location: Toronto
Posts: 9,846
nice. Any recommendations?
sirex is offline   Reply With Quote
Old 02-20-2011, 10:08 AM   #9
damameke
6th Gear Member
 
Join Date: Dec 2008
Location: Canada
Posts: 1,367
Quote:
Originally Posted by sirex View Post
nice. Any recommendations?
Look at the oil and agriculture sector..

As always.. consult your financial advisor !!!
damameke is offline   Reply With Quote
Old 02-20-2011, 11:27 AM   #10
sirex
King Sirex
 
Join Date: Aug 2002
Location: Toronto
Posts: 9,846
haha i am my own financial advisor.

Last edited by sirex; 02-20-2011 at 11:30 AM.
sirex is offline   Reply With Quote
Old 02-20-2011, 02:34 PM   #11
damameke
6th Gear Member
 
Join Date: Dec 2008
Location: Canada
Posts: 1,367
Quote:
Originally Posted by sirex View Post
haha i am my own financial advisor.
lol I know.. just want to make it sound professional.....
damameke is offline   Reply With Quote
Old 02-21-2011, 02:47 AM   #12
sirex
King Sirex
 
Join Date: Aug 2002
Location: Toronto
Posts: 9,846
what are some of your methods when researching stocks?
sirex is offline   Reply With Quote
Old 02-21-2011, 01:35 PM   #13
damameke
6th Gear Member
 
Join Date: Dec 2008
Location: Canada
Posts: 1,367
Quote:
Originally Posted by sirex View Post
what are some of your methods when researching stocks?
Like Scotch stated. online tip and alot of half arsed research...
watch BNN and MSNBC for what they are talking about
and do the technical research..

be aware of world events this will impact stocks, like now.. middle east unrest. impact on oil. if Libya unrest continues oil will spike.. BP already pulling their employess from Libya....

just my 2 cents
damameke is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 06:11 AM.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Maxbimmer Copyright 2001 - 2018