In the battle of Free Commission Brokers, who will be the winner? Robinhood started offering Commission Free trading in 2013 and quickly took market share from ThinkorSwim. ThinkorSwim was founded in 1999 and is lightyears ahead of Robinhood in terms of technology. In 2019, when ThinkorSwim went to COMMISSION FREE trading, Robinhood took a hit. Does Robinhood even have a viable business model anymore? In this episode, I'll compare each of the most important features you need to know about when considering trading with either of these two big brokers. Chapters
0:00 Intro
0:28 History of ThinkorSwim and Robinhood
2:24 Minimum Account Size
2:40 PDT Rule
3:15 Robinhood has better Price Improvement
4:09 Commission Structure
4:47 Leverage
4:55 Crypto Trading
5:06 Extended Hours
5:32 Retirement Account
5:40 OTC Stocks
6:08 Stock Scanners
6:27 Best in Charting goes to ThinkorSwim
7:02 Desktop Application
7:37 Robinhood doesn’t offer Hotkeys 8:26 Level 2 Market Data
8:59 True Cost of Commission Free Trading
10:45 Robinhood vs ThinkorSwim THE WINNER Non PDT Broker: https://www.youtube.com/watch?v=_apOUvztB3k How to Setup and Layout ThinkorSwim: https://www.youtube.com/watch?v=_apOUvztB3k 3 MUST ENABLE ThinkorSwim Settings for Trading: https://www.youtube.com/watch?v=Gzt6mM3Iuyo&ab_channel=WarriorTrading Want to Learn More ❓❓ Get info on My Strategy and Courses here: https://www.warriortrading.com/trading-courses/📈 Before we continue…👀 💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money. ❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole. ❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/. 🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy. ✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos. Still with me? Now let’s dig into some helpful information … What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/ And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/ Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/ Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/ Wondering what I think the All Star Day Traders out there have in common? 🏆 Read this blog I wrote https://www.warriortrading.com/all-star-traders/ #daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior oor
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