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Re: RightStuff post# 15136

Tuesday, 03/09/2021 7:03:02 PM

Tuesday, March 09, 2021 7:03:02 PM

Post# of 37827
I've been refraining from mentioning the name, but this time I will mention it. It is Charles Schwab. I trade over their website, but they have other platforms available also (I think those require software to be installed on your computer).

There are some things about their website's trading interface that are odd to me. For example any order for shares of stock (through the website) must consistent of 1 share to 999,999 shares; if we want to buy 1 million shares we would have to place two orders. That is significant even for those who are not very wealthy, for example if buying a penny stock that trades at 1 cent per share. One of their web interfaces for trading stocks does not give price quotes in fractions of a penny for those those trading in that matter, but a different trading interface of theirs does.

There are some other oddities also, including involving a calculator for how many shares we can purchase at a specific price out to tents or hundredths of a penny (such as for $0.0423) - it acts differently depending upon which interface we are using. The site doesn't do charting of after hours (and premarket) trading activity - the representative on the phone says it does if certain steps are followed but when I follow those stops the website still doesn't include afterhours and premarket hours prices on the stock charts. To see those charts I use a different brokerage's web site.

In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.