
11-10-2007, 09:03 AM
|
 |
AbeSmith
has no status.
|
|
|
|
|
Re: What's a good place to put 10K for 10 months?
|
Quote: |
|
 |
|
|
No disrespect to TG, but from personal experience I would be careful with TOS (Thinkorswim). They are a brokerage that can autotrade based on signals from about 50 newsletters, not all of them reputable. There is no good, easy and independent way to find out which newsletter is profitable. Their autotrade system is also buggy and hard to use when I tried it last year. Some trades which I decided to exit manually was not exited completely in autotrading, so that I ended up net short or net long on what I thought was a flat position.
I suspect they also have a conflict of interest with most newsletters in that they may provide lower cost or free trades and other benefits to the principals of such newsletter. In return, perhaps some newsletters tend to have a lot of autotrade signals and generate autotrading commissions for TOS.
They also use a simulated stop in their platform, as many brokerages do, so that on rare occasions you get stopped out when the exchange data do not support that stop out. To top it off, they also got my W9 TIN number wrong, so now I have to file another.
I am no longer with TOS. Good luck with your endeavor. |
|
|
|
|
Thanks for the input thrunner
|