Interactive Brokers vs. Robinhood vs. Fidelity vs. TD Ameritrade: A Trading Platform Comparison

Interactive Brokers, Robinhood, Fidelity, and TD Ameritrade’s thinkorswim platform are all popular choices for traders, but they cater to different types of investors and offer varying features. Here’s a detailed comparison of these platforms for stock, options, and futures trading: Stock Trading All four platforms offer commission-free stock trading, but they differ in terms of execution quality and available markets. Interactive Brokers provides access to over 150 global markets, making it ideal for international traders. Robinhood offers a user-friendly interface and real-time quotes, but has limited research tools. Fidelity is known for its excellent trade execution and extensive research capabilities. TD Ameritrade’s thinkorswim platform offers advanced charting and analysis tools, making it popular among active traders. Options Trading Options trading capabilities vary significantly across these platforms: ...

December 26, 2024 · Howe

Why I Choose Interactive Brokers for My Trading

As an avid stock trader, I’ve found Interactive Brokers (IBKR) to be an indispensable platform for my trading activities across stocks, options, and futures. The versatility and depth of IBKR’s offerings have significantly enhanced my trading experience. Stock Trading For stock trading, I particularly appreciate IBKR’s global reach. With access to over 150 exchanges in 34 countries, I can easily diversify my portfolio internationally. The platform’s real-time monitoring and customizable account dashboard allow me to screen for multiple metrics simultaneously, helping me identify potential trades quickly. ...

December 26, 2024 · Howe

Exploring the Pros and Cons of Selling Naked Puts

Exploring the Pros and Cons of Selling Naked Puts In the world of options trading, one strategy that often piques the interest of investors is selling naked puts. This strategy involves selling, or “writing,” put options without owning the underlying asset. While it can offer certain advantages, it also comes with its fair share of risks. Let’s delve into the benefits and drawbacks of selling naked puts using specific examples. ...

October 7, 2023 · Howe

Trading QQQ with Covered Calls: A Success Story

Trading QQQ with Covered Calls: A Success Story Hello, fellow traders! I’m excited to share a remarkable journey of trading QQQ (Invesco QQQ Trust) using the Covered Call strategy, which resulted in substantial growth in my investment portfolio. This story is a testament to the potential of options trading to enhance returns and manage risk effectively. The Covered Call Strategy: A Primer The Covered Call strategy is a popular options trading technique that combines stock ownership with the sale of call options. This strategy is particularly attractive for investors who hold a bullish view on a stock or ETF and seek to generate additional income from their existing holdings. ...

October 7, 2023 · Howe

covered calls - money does grown on trees

First of all, please familiarize yourself with options in this blog post. I’ll summarize it here. A call option gives the buyer the right to purchase 100 shares of a stock. Let’s say you own 1 AAPL call option at strike price $200, that means you can buy the 100 shares of AAPL at $200. If the AAPL price at that time is $250, it means you can pocket $50 per share. That’s $5000. Now, if the AAPL price is at $150, you’ll lose $5000 instead. ...

January 24, 2022 · Howe

How I learned #theStrat trading strategy

#TheStrat learning guide Since I discovered #finwit, I’ve been consistently spending quite a bit of time on twitter trying to hone my trading skill. I recently came across something called the #theStrat. I’ve backtested the strategy with many old charts and I was suprised by how well it has worked. As I am trying to get better at #theStrat, I realized there’s so much unstructured information on the internet and it could become overwhelming for someone trying to learn it. I am hoping the following guide can help the new great trader, like you. ...

November 1, 2021 · Howe