Finally dumping RH m8s.

Piss poor customer service and it’s time I graduate from bush league brokerage accounts.

The assholes locked me from buying anything for pattern day trading.

The rule is you have to have over 25k in cash or equity to day trade, which I did at the time of the trades and still do so. Still got locked out not sure why.

Probably moving to TD. I’ve been using thinkorswim for charting for years now and it’s actually a decent news aggregator.

Anyone have any issues with TD?

I’ve heard good things about IBKR as well. Anyone knows what’s the fee structure for them for stocks, etfs, fx trading, & options?

This post was edited by ofthevoid on Aug 4 2020 08:39pm

TD and Bank of Nova Scotia

I just let them DRIP away and pay little attention.

This post was edited by SBD on Aug 4 2020 08:41pm

rh is awful for stuff like that if youre dealing in large enough trade amounts. part of the drawback of “bigboy online brokers” is the fees but at the amounts youre talking its negligible

it sucked when i first started investing cuz you have to eat $16 each time you “complete” the buy and sell process ($8 per transaction). so you could +20% on a $500 investment for example but your $100 gain gets wacked down $8 when you realize the gain and you paid $8 fee to buy the investment. now if you make +20% on a $5k investment who care then.

i have td because they bought scottrade. no complaints since the transition over its pretty good, normal solid online brokerage with plenty of tools and stuff. but as i’ve mentioned frequently here other than crypto im now a very boring buy-and-hold retail equities investor so i dont know how it is for options or much more active trading

This post was edited by excellence on Aug 4 2020 09:22pm

Do you have any crypto in RH?

Looking at shorting again if stim pack doesn’t pass by end of this week, Congress goes on recess for a month until September 7th.

This post was edited by obisent on Aug 5 2020 09:36am

good play, and really hope they pass it. i get that people will screech about debt but given the current state of affairs (demand and force people not to work) you have to make up the difference somehow

Roku dumping ah

Looking to get back in at 140 for a full position. Now only have like a quarter position.

This post was edited by ofthevoid on Aug 5 2020 03:40pm

Luckily sold my roku. Nice ass earnings and still ridiculous drop

Ya same price target for me again too, rode 100->164

Meant to edit I’m sorry didn’t mean double

This post was edited by Bazi on Aug 6 2020 10:12am

Another dump of bi-weekly pay into TD. Nothing that sways me any other direction for now.