[pico]

anyone used this site?
http://www.zecco.com/default.aspx

how is the bid/ask ratio compared to other discount brokerages?

[jjgold]

never heard of them

Stick with experienced outfits so no tech glitches

Timing and speed is everything with stock trading sites

[Wrigley]

But they say when everyones selling its time to buy and when everyones buying its time to sell.

[Destroyer]

I've never heard of zecco before. The zecco website looks fugazi. I'd recommend using a bulge bracket firm like Goldman Sachs. Your assets will be secure and safe there.

[Dark Horse]

Zecco is fine. Ten free trades a month. I mentioned them earlier. Orders go through immediately (during trading hours). But if you want to step it up use Thinkorswim. For most traders here Zecco is probably enough.

Why would you want to use GS? You can make the same trades yourself online.

[SBR_John]

My puck is on off. Im not going to log in to my brokerage account for at least 3 weeks.

[Destroyer]

The reason using a bulge bracket firm like Goldman Sachs isn't primarily to execute a buy or sell order on stocks. Any of the existing online brokerages can perform this simple task like Ameritrade, eTrade, etc.

The use of a bulge bracket firm like Goldman Sachs allows you, the investor, to make a more informed decision based on the information advantage that Goldman Sachs is able to obtain that most stock investors don't have access to in a timely manner. This advantage in obtaining timely information is the difference between a profitable stock trade and a losing stock position.

I've experienced both spectrums of the equation as an active do-it-yourself stock trader and as a passive investor with Wall Street professionals managing my assets. If the objective is wealth accumulation, the highly trained professionals at Goldman Sachs will make you more money than you can ever earn by attempting to trade stocks on your own.

[RageWizard]

The reason using a bulge bracket firm like Goldman Sachs isn't primarily to execute a buy or sell order on stocks. Any of the existing online brokerages can perform this simple task like Ameritrade, eTrade, etc.

The use of a bulge bracket firm like Goldman Sachs allows you, the investor, to make a more informed decision based on the information advantage that Goldman Sachs is able to obtain that most stock investors don't have access to in a timely manner. This advantage in obtaining timely information is the difference between a profitable stock trade and a losing stock position.

I've experienced both spectrums of the equation as an active do-it-yourself stock trader and as a passive investor with Wall Street professionals managing my assets. If the objective is wealth accumulation, the highly trained professionals at Goldman Sachs will make you more money than you can ever earn by attempting to trade stocks on your own.

I fully disagree. Most money managers are not looking out for your interest. They are looking to get people to invest in the next stock of the day. Unless you have millions to put in the stock market, a investment advisor is not going to care about you and your situation.

[Destroyer]

Unless you have had actual experience dealing with Goldman Sachs, I don't believe your conclusions contain any merit. It's okay to disagree, but I would suggest you obtain facts before you conclude Goldman Sachs are only concerned about their own self interests.

I am a client of Goldman Sachs and I find your conclusions are completely false and misleading. Goldman Sachs isn't in the stock touting business as you are implicitly suggesting. I've never been pressured or asked to buy or sell a stock.

Based on my own experiences, I can speak confidently that Goldman Sachs has always served in my best interests.