REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!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! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.

Reply
 
Thread Tools
Old 07-09-2020, 08:50 PM   #10501
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
Quote:
Originally Posted by Slifer View Post
Do they charge a flat fee? Or are there hidden fees you don't know about like Questrade?
United States
FIXED MINIMUM PER ORDER MAXIMUM PER ORDER

No Transaction Fee ETFs USD 0.00 USD 0.00

USD 0.005 per share USD 1.00 1.0% of trade value 1, 7

Example

100 Shares @ USD 25 Share Price = USD 1.00
1,000 Shares @ USD 25 Share Price = USD 5.00
1,000 Shares @ USD 0.25 Share Price = USD 2.50

formats fucked up

https://www.interactivebrokers.ca/en...5251&p=stocks1
most of the time you'll be paying 1 dollar. duno what the other fees are but its cheap lol.

large trader is... large. that's just the fixed. u can try to get tiered pricing but the minimum is pretty big, i think 300k shares traded a month.
Advertisement
Ulic Qel-Droma is offline   Reply With Quote
Old 07-09-2020, 08:53 PM   #10502
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
Quote:
Originally Posted by Gerbs View Post
Are you trading options? QuestTrade is like $5 - 10 Max.

Interactive Brokers has a really low commission rate.

I suggest QuestTrade to a majority of friends because it's free to buy ETF so for passive investing it's perfect. Then I suggest WealthTrade for all our speculative / WSB type of trades. I believe both these sites have referral programs which help even out the commission costs.
ETF is free on IB too lol.

there's literally no reason not to use IB.

actually there is... if youre a hardcore combination options strategies trader. their margins are worse and u don't get the full margin cancellation if your options are covered by opposing options lol.
Ulic Qel-Droma is offline   Reply With Quote
Old 07-10-2020, 06:43 PM   #10503
Need my Daily Fix of RS
 
ButterFingers's Avatar
 
Join Date: Jul 2010
Posts: 294
Thanked 525 Times in 78 Posts
Quote:
Originally Posted by Gerbs View Post
Are you trading options? QuestTrade is like $5 - 10 Max.

Interactive Brokers has a really low commission rate.

I suggest QuestTrade to a majority of friends because it's free to buy ETF so for passive investing it's perfect. Then I suggest WealthTrade for all our speculative / WSB type of trades. I believe both these sites have referral programs which help even out the commission costs.
Do you hedge your options with opposite positions? ie. buying calls and puts and the same time? I'd trade options but I feel safer trading stocks as I have limited capital and less risk (especially if I can long hold if my shorts aren't going up short term while options can potentially expire)
ButterFingers is offline   Reply With Quote
Old 07-10-2020, 06:47 PM   #10504
Need my Daily Fix of RS
 
ButterFingers's Avatar
 
Join Date: Jul 2010
Posts: 294
Thanked 525 Times in 78 Posts
Quote:
Originally Posted by yameen View Post
late to the party but i bought $15k worth of tesla stocks today lol. someone pray for me i made the right decision
Good job you ballsy man
ButterFingers is offline   Reply With Quote
Old 07-10-2020, 10:25 PM   #10505
RS has made me the bitter person i am today!
 
Join Date: Nov 2010
Location: /
Posts: 4,704
Thanked 2,428 Times in 922 Posts
Quote:
Originally Posted by Ulic Qel-Droma View Post
ETF is free on IB too lol.

there's literally no reason not to use IB.

actually there is... if youre a hardcore combination options strategies trader. their margins are worse and u don't get the full margin cancellation if your options are covered by opposing options lol.
I think when I first opened a brokerage I didn't meet the $10k USD minimum to waive the maintenance fee when I was 19. Even now I feel like IB wouldn't meet my needs since their Commission Free ETFS don't include Vanguard.

However, I feel like everyone actively
trading stocks should be on IB to reduce fees.
__________________


2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
Gerbs is offline   Reply With Quote
Old 07-10-2020, 10:26 PM   #10506
RS has made me the bitter person i am today!
 
Join Date: Nov 2010
Location: /
Posts: 4,704
Thanked 2,428 Times in 922 Posts
Quote:
Originally Posted by ButterFingers View Post
Do you hedge your options with opposite positions? ie. buying calls and puts and the same time? I'd trade options but I feel safer trading stocks as I have limited capital and less risk (especially if I can long hold if my shorts aren't going up short term while options can potentially expire)
I'm not if I want to hedge I would buy bear etfs to reduce exposure since it's cheaper commission than options
__________________


2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
Gerbs is offline   Reply With Quote
This post thanked by:
Old 07-10-2020, 11:54 PM   #10507
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
Quote:
Originally Posted by Gerbs View Post
I think when I first opened a brokerage I didn't meet the $10k USD minimum to waive the maintenance fee when I was 19. Even now I feel like IB wouldn't meet my needs since their Commission Free ETFS don't include Vanguard.

However, I feel like everyone actively
trading stocks should be on IB to reduce fees.
only 2k minimum now.
Ulic Qel-Droma is offline   Reply With Quote
This post thanked by:
Old 07-10-2020, 11:55 PM   #10508
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,661
Thanked 5,539 Times in 1,502 Posts
Quote:
Originally Posted by yameen View Post
cant argue with +$800 in one day lol. but i really like their products and their innovation. hopefully it stays strong. contemplating in buying some more...
just dont let it turn around on you!
Ulic Qel-Droma is offline   Reply With Quote
Old 07-11-2020, 08:54 AM   #10509
Even when im right, revscene.net is still right!
 
yameen's Avatar
 
Join Date: Jun 2002
Location: Vancity
Posts: 1,365
Thanked 156 Times in 63 Posts
Quote:
Originally Posted by Ulic Qel-Droma View Post
just dont let it turn around on you!
yea i'll be on the lookout and if it tanks i'll just try to maximize profit and sell asap. on friday though it went up another $150/share lol. it's insane
yameen is offline   Reply With Quote
Old 07-12-2020, 06:59 AM   #10510
I came, I saw, I conquered.
 
Slifer's Avatar
 
Join Date: Mar 2005
Location: Vancouver
Posts: 1,881
Thanked 585 Times in 176 Posts
Quote:
Originally Posted by Ulic Qel-Droma View Post
United States
FIXED MINIMUM PER ORDER MAXIMUM PER ORDER

No Transaction Fee ETFs USD 0.00 USD 0.00

USD 0.005 per share USD 1.00 1.0% of trade value 1, 7

Example

100 Shares @ USD 25 Share Price = USD 1.00
1,000 Shares @ USD 25 Share Price = USD 5.00
1,000 Shares @ USD 0.25 Share Price = USD 2.50

formats fucked up

https://www.interactivebrokers.ca/en...5251&p=stocks1
most of the time you'll be paying 1 dollar. duno what the other fees are but its cheap lol.

large trader is... large. that's just the fixed. u can try to get tiered pricing but the minimum is pretty big, i think 300k shares traded a month.
So IB is good for small order and bad for large orders right? They can charge up to 1%.
__________________
My Buy&Sell Feedback
Slifer is offline   Reply With Quote
Old 07-12-2020, 01:49 PM   #10511
I am Hook'd on RS
 
birddog3k's Avatar
 
Join Date: Feb 2018
Posts: 62
Thanked 23 Times in 15 Posts

Here's an interesting video re: Tesla.

The current stock price seems to be insane considering current results but if you're speculating and going long you might make a ton of money.
birddog3k is offline   Reply With Quote
Old 07-13-2020, 10:52 AM   #10512
Rs has made me the woman i am today!
 
Mr.Money's Avatar
 
Join Date: Jan 2011
Location: Vancouver DT
Posts: 4,314
Thanked 2,796 Times in 915 Posts
https://wccftech.com/tesla-overbough...d-loses-value/



there no dip yet..Ooh.
__________________
Fly Your Own Flag.
Mr.Money is offline   Reply With Quote
Old 07-13-2020, 12:03 PM   #10513
2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
 
HonestTea's Avatar
 
Join Date: Aug 2005
Location: Vancouver
Posts: 6,998
Thanked 1,264 Times in 582 Posts
What a face ripper lol
HonestTea is online now   Reply With Quote
Old 07-13-2020, 12:39 PM   #10514
Even when im right, revscene.net is still right!
 
yameen's Avatar
 
Join Date: Jun 2002
Location: Vancity
Posts: 1,365
Thanked 156 Times in 63 Posts
sold most of my stocks except tesla lmao. i'm expecting a big crash in the next week or two...maybe even days?

covid cases in the states are going up and businesses will for sure shut down.
yameen is offline   Reply With Quote
Old 07-13-2020, 01:47 PM   #10515
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 8,093
Thanked 2,476 Times in 999 Posts
any minute now
Attached Images
File Type: jpg Any+minute+now+_4fe0dbf315535c55cf5a7d6baba0548c.jpg (47.6 KB, 0 views)
unit is offline   Reply With Quote
Old 07-13-2020, 02:33 PM   #10516
I contribute to threads in the offtopic forum
 
SpeedStars's Avatar
 
Join Date: Jul 2012
Location: Vancouver
Posts: 2,914
Thanked 4,450 Times in 1,027 Posts
That was some swing EOD. I've been cash gang ever since 2/3 indexes hit ATHs and SPY fkn hit 323 today like
__________________
'16 WRX

'93 GSR

'99 EXPEDITION
SpeedStars is offline   Reply With Quote
Old 07-18-2020, 04:42 PM   #10517
What hasn't Killed me, has made me more tolerant of RS!
 
Join Date: Oct 2015
Posts: 176
Thanked 139 Times in 53 Posts
Honestly, I don't think we gonna have a major crash like in March. Maybe a small correction here and there but the overall market I think is trending up.

I still suggest having available cash to buy in. I'm currently 50% cash and might be moving to 40% cash in the next couple weeks.
bomberR17 is offline   Reply With Quote
Old 07-18-2020, 09:58 PM   #10518
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,295
Thanked 3,253 Times in 1,418 Posts
Quote:
Originally Posted by bomberR17 View Post
Honestly, I don't think we gonna have a major crash like in March. Maybe a small correction here and there but the overall market I think is trending up.

I still suggest having available cash to buy in. I'm currently 50% cash and might be moving to 40% cash in the next couple weeks.
I'm going to wait to see how the market reacts to this week's earnings. Lots of major companies are reporting.
Attached Images
File Type: jpg WhatsApp Image 2020-07-18 at 4.44.24 PM.jpg (102.7 KB, 0 views)
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is online now   Reply With Quote
This post thanked by:
Old 08-02-2020, 09:14 PM   #10519
My homepage has been set to RS
 
PeanutButter's Avatar
 
Join Date: Jun 2013
Location: Burnaby
Posts: 2,216
Thanked 2,778 Times in 712 Posts
I've just reduced my equity exposure to 50% from 90%.

Currently my portfolio mix for my TFSA is:
50% equities:
15% WEED (APHA and GTII)
25% CAD banks (RBC, NA)
15% CAD energy (ENB)
45% US Tech (MSFT, AAPL, FB, GOOGL)

50% cash


I sold all of my TSLA. Probably the dumbest move I'll do, but let's see what happens. Betting on a correction coming soon, let's see if it comes.

So much doom and gloom out there. I dunno what's going to happen, but figured I'm happy with only 50% in the market right now. Oh well. Let's see how it goes.

MY TFSA mix is different than my RRSP mix. My RRSP mix is 75% Equities 25% cash. I'm less active in my RRSP. That's just there for the long future, so I'm not too active in my RRSP
PeanutButter is offline   Reply With Quote
This post thanked by:
Old 08-04-2020, 01:34 PM   #10520
What hasn't Killed me, has made me more tolerant of RS!
 
Join Date: Sep 2009
Location: N/A
Posts: 170
Thanked 15 Times in 9 Posts
are there any What's app group for canadian stocks?

Which stocks do you buy and sell now?
ikki is offline   Reply With Quote
Old 08-04-2020, 03:19 PM   #10521
RS has made me the bitter person i am today!
 
Join Date: Nov 2010
Location: /
Posts: 4,704
Thanked 2,428 Times in 922 Posts
If you're going to follow a whatsapp group. Might as well follow /r/wsb ��
__________________


2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
Gerbs is offline   Reply With Quote
This post thanked by:
Old 08-04-2020, 03:51 PM   #10522
I came, I saw, I conquered.
 
Slifer's Avatar
 
Join Date: Mar 2005
Location: Vancouver
Posts: 1,881
Thanked 585 Times in 176 Posts
Does anyone know how to invest in the Hong Kong stock exchange? Will there be extra fees and what not?
__________________
My Buy&Sell Feedback
Slifer is offline   Reply With Quote
Old 08-05-2020, 02:10 AM   #10523
Raping Captured Dolphins since 2002 on EZ board days
 
RFlush's Avatar
 
Join Date: Jul 2002
Location: Hong Kong
Posts: 6,251
Thanked 658 Times in 191 Posts
Quote:
Originally Posted by Slifer View Post
Does anyone know how to invest in the Hong Kong stock exchange? Will there be extra fees and what not?
IB should offer multi market trading.
__________________
Quote:
Originally Posted by asian_XL View Post
apparently, freedom of speech does not exist on RS
Quote:
Originally Posted by Alphamale View Post
I give a lot of people rim jobs.
My Feedback
RFlush is offline   Reply With Quote
This post thanked by:
Old 08-17-2020, 12:10 PM   #10524
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,633
Thanked 2,776 Times in 1,190 Posts
And tsla ripping for another day.

I ain’t complaining though.
__________________
Nothing for now
Hehe is offline   Reply With Quote
Old 08-17-2020, 01:14 PM   #10525
I contribute to threads in the offtopic forum
 
SpeedStars's Avatar
 
Join Date: Jul 2012
Location: Vancouver
Posts: 2,914
Thanked 4,450 Times in 1,027 Posts
^ I wonder if TSLA will ever have a red day leading up to Aug 31st. I can see even more average joes going straight to Tesla after the split as it appears to be more affordable
__________________
'16 WRX

'93 GSR

'99 EXPEDITION
SpeedStars is offline   Reply With Quote
Reply


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 Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 10:45 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net