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Showing content with the highest reputation on 07/14/2020 in Posts

  1. 1 point
    I was curious about Fidelity, so right now I'm on their online-chat asking if a UK based resident can open an account : LOL!
  2. 1 point
    SLEGO, super helpful response. thank you. the key phrase from your response: "i get really good fills usually always just as good as official alerts or better". i've only been with SO a short time, but I feel order execution is critical to success. If you lose 2-3% on entry and 2-3% on exit and then add commissions, you'll have a hard time being successful. On my paper trading, I allow myself a 1-1.5% allowance on the official printed trade price. If I can't get within 1-1.5% of that price, I don't do the trade. Over time, the price slippage will eat into your returns significantly, that's why order entry and execution is critical. I've been with Fidelity for 20+ years and was frankly shocked that they were offering such competitive pricing on options trading. Their trade execution has always been excellent and I believe it's a function of their size and history. I'm glad to hear that you've had a positive experience with them. I think I will use them once I go LIVE.
  3. 1 point
    I use fidelity and feel i get really good fills usually always just as good as official alerts or better, although there may be some luck involved when getting better fills, down to timing really. Im trading with 20k account, although i would like to know how it would be with a 100k account, as I’m getting more comfortable with options i do want to go bigger. If anyone else trades a larger account size with fidelity i would like to know. i was also able to negotiate down to a commission of 0.50$ per contract after a few months of trading with them. also i love the interface and tools available with fidelity. The app is ok too. Always able to do four legs trades which i have seen some aren’t with other brokerages. I have considered tradier for the 10$ per month deal which would save a ton although I have a hard time leaving fidelity as it’s what I’ve been become accustomed to.
  4. 1 point
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