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Kim

Tradier Brokerage Special Offer

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17 minutes ago, Rickbw said:

I'm a new subscriber, but long term option trader. On and off over the years but now retired.  I have used both OptionVue and ONE in the past at different times.  I also found the lack of documentation for ONE to be mind blowing.  The website has said it is upcoming for well over a year.  My question is this;

I have a Tradier account (used TradeHawk in the past) so, being new to Steady Options would you sign up for ONE or would you use something like TradeHawk with Tradier?

I have a Traider account and use it with ONE, I have used Tradehawk in the past but find ONE to be superior.

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I don't have TradeHawk, but I do have ONE. I'm not sure if they are comparable in terms of functionality. ONE is more comparable to OptionVue, but I believe that OptionVue is much more expensive. To me ONE is a must have tool for any serious trader, and I'm very happy with it (full disclosure: I'm paying the same discounted price as the rest of SO members and don't get any compensation from ONE for recommending them). 

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I see on Tradier that ONE is $65 / month (x 12 = $780), but, if I understand correctly the discounted SO annual with ONE is ~$600.  Is this correct?

CJ912 - Do you pay for ONE thru Tradier?

Thanks for the help.

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Sorry for complaining about Tradier again and this is 100% my fault for not following their guidelines but I am on vacation this week and it took me longer than expected to close out of some of my long calendar spreads.  Around 3:30pm EST Tradier started manually closing my trades but only the short legs as those were the ones expiring today.   I had assumed that they would treat these as spreads since that is how they are labeled on on my position statement but they only closed the shorts and left my longs (naked) open.  Thankfully I checked this in time to close my longs.   Another expensive lesson learned.  

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7 hours ago, FrankTheTank said:

Sorry for complaining about Tradier again and this is 100% my fault for not following their guidelines but I am on vacation this week and it took me longer than expected to close out of some of my long calendar spreads.  Around 3:30pm EST Tradier started manually closing my trades but only the short legs as those were the ones expiring today.   I had assumed that they would treat these as spreads since that is how they are labeled on on my position statement but they only closed the shorts and left my longs (naked) open.  Thankfully I checked this in time to close my longs.   Another expensive lesson learned.  

That's annoying--do you know how they handle long vertical spreads that are completely in the money at expiration? Will they also just close your shorts before the market closes, or will they do the right thing and exercise both to leave you flat (and with the max profit)?

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17 hours ago, ex3y7s said:

That's annoying--do you know how they handle long vertical spreads that are completely in the money at expiration? Will they also just close your shorts before the market closes, or will they do the right thing and exercise both to leave you flat (and with the max profit)?

No idea but given this and other experiences I have with them I would assume the worst and just try to close out all your spreads manually no later than 3:15pm EST. 

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On 2/22/2021 at 10:48 PM, Rickbw said:

I see on Tradier that ONE is $65 / month (x 12 = $780), but, if I understand correctly the discounted SO annual with ONE is ~$600.  Is this correct?

CJ912 - Do you pay for ONE thru Tradier?

Thanks for the help.

@Rickbw sorry, I had missed your question. I paid them directly, with the SO discount.

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28 minutes ago, Kim said:

I will have a meeting with Dan Raju, Tradier CEO. If you have any questions/concerns, please post them here and I will pass them to Dan.

Hi Kim, when I checked a while back, Tradier were not taking clients from the UK. Could you pls ask if this is possible now, or whether there is potential of it becoming possible on the near future?

 

Their website says :

"In order to open an account, you must be at least 18 years of age and be either a US Citizen or US Permanent Resident. In addition, Tradier Brokerage opens accounts in over 120 foreign countries."

Edited by zxcv64

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9 hours ago, Kim said:

I will have a meeting with Dan Raju, Tradier CEO. If you have any questions/concerns, please post them here and I will pass them to Dan.

I echo @zxcv64 and also wonder where things stand with mobile apps for Tradier. Admittedly it was a while ago but one of the reasons not to leave the much more expensive TastyWorks is that the mobile app of Tradier was absent. In (pre-Corona) days I would travel a lot and so sometimes mobile access to the account was essential and worth more than lower trading fees.

 

I would be interested to know from other Tradier users how the service is seen these days, back then (2 years ago? - Corona has screwed up my sense of time) another downside was a very basic interface for multilegged trades and none of the neat little visuals of P&Ls you can have with TW.

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11 hours ago, zxcv64 said:

Hi Kim, when I checked a while back, Tradier were not taking clients from the UK. Could you pls ask if this is possible now, or whether there is potential of it becoming possible on the near future?

 

Their website says :

"In order to open an account, you must be at least 18 years of age and be either a US Citizen or US Permanent Resident. In addition, Tradier Brokerage opens accounts in over 120 foreign countries."

I would be interested if Ireland was included and I agree with @TrustyJules about the need for a mobile app. However I have got used to the IB app and would be reluctant to change due to a learning curve with a new platform, but if the benefits were really good I would change.

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On 3/3/2022 at 6:13 AM, mccoyb53 said:

I would be interested if Ireland was included and I agree with @TrustyJules about the need for a mobile app. However I have got used to the IB app and would be reluctant to change due to a learning curve with a new platform, but if the benefits were really good I would change.

Hi Everyone,

Chris here with Tradier Brokerage.  Tradier does not offer accounts in the UK, Canada or Australia at this time.  We do not have immediate plans to do so as opening a physical location in those countries is required in order to do business there.  We will certainly make an announcement if this changes.  We can open accounts in Ireland, but not Northern Ireland as it is part of the UK.

Tradier Brokerage does now offer an app for both Android and iOS.  You can download them from the respective stores.

Opening US-based LLC account is also available.  Please email service@tradierbrokerage.com for additional details.

Thanks!

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I am not sure if this is the right thread to ask this question and if not, please direct me to the right place

 

Anyway, I used to use ONE for my analysis when I traded a year ago.  I used to enter all my trades with my accounts either at TastyWorks or TD Ameritrade; but I used ONE for my analysis and tracking the trades themselves.

Recently, I decided to get an account with Tradier and reenable my subscription with ONE.  My data feed (back then) for ONE was TDA, since it was free and live.  Previously, I used to trade strategies with RUT and SPX.  However, I learned today that connecting my new Tradier account for live data, with SPX & RUT, they are both delayed by 15 minutes.  I thought it was kind of odd since they are live with TDA, why wouldn't they be live with an account I am funded with.  I understand the option chains are live and not delayed, but thought it was weird that the underlying for the chains would be delayed.

 

So, my question is, for those that trade these chains, with Tradier and ONE, how are you handling the process?  I thought it would be nice to be able enter my orders directly from ONE to Tradier, but since ONE uses BSM and a component of the BSM equation/model is the price of the underlying, how will the greeks be live and accurate for making trading decisions.  Do you just make these trades based on SPY instead of SPX?  Or, do you switch back and forth between the data feed and order entry to do your analysis and trading?  

 

I am just trying to understand the workflow/logistics that seem to be working for most.

 

Thanks

 

P.S. I understand that most SO trades are based on individual stocks and this issue probably doesn't affect most here.

 

P.P.S. also as a side note, regarding trade management, are we able to make adjustments to our trades in ONE and if we want to roll strikes for example, does the order entry process correctly sell/buy the contracts correctly?  Probably an ONE question, but thought I would ask since it pertains to orders via Tradier.

 

Edited by msteveng

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I launched an iOS mobile application that caters to the Steady Options members. Made a topic a while back for a beta.

 

But now you can download it for free in the Appstore. (make a free account in the app)

 

https://apps.apple.com/nl/app/spreadable/id1644952606?l=en

 

It will remain free until the beginning of 2023, still haven’t decided on any pricing. 

 

It automatically groups most steady options strategies. If it doesn’t do it automatically you can manually group them. Swipe right to group, swipe left to close position. 

 

If you need more tutorials check the post about the beta.

 

I encourage everyone with a Tradier account to try it. It has significantly improved my trading since I’m no long reliant on my laptop/desktop. In my opinion it delivers a better trading experience than most desktop software. 
 

@krisbee

Since you use Tradier as well I would love to hear your opinion.

 

Update for next month:

- Updated option chain with option greeks

- Updated charts

- Performance history improvement (currently not showing correct data for spreads with short options)

 

Edited by Bull3t007

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Hi everyone,

regarding the ability to trade in Europe with Tradier Brokerage (and France, Belgium for my personal situation), here is the reply of Tradier Brokerage following my request:

"Hello Romuald, Tradier Brokerage offers international accounts on a country-by-country basis.  To apply for an account, please visit brokerage.tradier.com and click on the green “Open A New Account” tab in the middle of the screen. Please keep in mind that there are countries and/or territories that we are unable to do business with. These include, but are not limited to Australia, Canada and the United Kingdom.  If you are a citizen and/or resident of those locales, we unfortunately would not be able to accommodate you with an account at this time. But Belgium would be fine. There is a $20 monthly fee unless you complete 2 or more trades each month." 

 

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1 minute ago, Bull3t007 said:

Anyone else not being able to place trades  or sometimes even log in? Keeps getting worse for the past hour it seems. On a friday in the last hour of trading :/

Yes, today has been miserable. I reconnected several times and gave up. They are having even more difficulties than usual today.

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I see this message: 

System Refresh

Tradier Brokerage is currently finishing a system update to alleviate $0 balance issues. During this time balances and positions may not load and trading may not be available. Please call 980-272-3880 to place any trades during this time.

 

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Just now, agsb said:

I see this message: 

System Refresh

Tradier Brokerage is currently finishing a system update to alleviate $0 balance issues. During this time balances and positions may not load and trading may not be available. Please call 980-272-3880 to place any trades during this time.

  

Hmm okay!

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