I use Tradeking but find other firms offer far better tools. For instance, if keeping up to the minute track of gains and losses in your positions is important to you, TradeKing is poor at best in that regard. It takes a day for a newly established position to find its way to your holdings and unrealized gains are delayed. Also, the risk analysis ability of Thinkorswim is far superior. If you want to see your position (or potential adjustments to an existing position) pictured for you with break even points and the current price of the underlying depicted on the graph, TOS is best of those I have used. Commissions are important, but shouldn't be the only deciding factor in choosing your brokerage firm.
John
To: OptionClub@yahoogro
From: masonpillow@
Date: Wed, 17 Mar 2010 01:02:25 +0000
Subject: [TheOptionClub.
--- In OptionClub@yahoogro
>
> Came across a broker called Tradeking. Anyone using this broker?
>
I use tradeking. They just started allowing mobile access and have one of the most inexpensive fee structures around.
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