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24 thoughts on “The real pros/cons of day trading with td ameritrade”
  1. Avataaar/Circle Created with python_avatars @leeles says:

    Thanks for sharing your test results and the pros and cons of both platforms and their broker fees + costs.

  2. Avataaar/Circle Created with python_avatars @JohnnyCaruso says:

    ok man I've studied you for a while, So i got a scanner list of High RV stocks notice one gapping up pre market. IN the end i made .40 cents not bad.
    but i notice i should have made a lot more. The stock literally paused and no price action at all was coming in for 3 minutes? Can you explain what happen here? When price action returned my target was hit and i was paid but i would have liked to get more still not sure what happen. OH btw this was a penny stock TSHA around $1.30

  3. Avataaar/Circle Created with python_avatars @kameronstewart4902 says:

    Do you have any basic videos of using light speed for beginners? I’m trying to get into day trading. But I’m not familiar with it at all.

  4. Avataaar/Circle Created with python_avatars @JorgeGomez-lw9xo says:

    I’ll use TD until my account grows to 10k then I’ll trade with lite speed

  5. Avataaar/Circle Created with python_avatars @user-fn8rk3ct1d says:

    hello Ross, what you have described with the TOS not showing a position after being executed has happened to me 3 times in the last 2 weeks and twice in the last 2 days. You are 100% right where if you do too many trades, and some days I'm doing 200 – 300 trades, I'm probably over trading, the TOS does get jammed up and confused with the order sequence. So I'm in a position but not knowing so and because the TOS is slow in understanding the order entry, I'm in a short when I never short that particular stock so I'm like what has happened? The sell order which has gone in right after a buy order because a tick immediately turned around on me, the TOS just may register it as a short when it should have been a sell to close. Luckily I noticed these software glithc errors quickly and actually made money from the mistakes, it's still not a platform for someone who wants to scalp or quickly trade.

  6. Avataaar/Circle Created with python_avatars Hola! @hlohhloh2700 says:

    I have just called them, and they provide direct access to the routings (ECN) NO commissions!

  7. Avataaar/Circle Created with python_avatars @gordon9177 says:

    so your own Platform, can you purchase/sell stocks thru it, if so, are you like TD Ameritrade?

  8. Avataaar/Circle Created with python_avatars @cathya44 says:

    Another awesome video Thank you

  9. Avataaar/Circle Created with python_avatars @ChickLam says:

    T D is not totally free. I got charged about $60 yesterday on my trading day 01/27/2023.

  10. Avataaar/Circle Created with python_avatars @DrAL00isin says:

    I’m very knew and started trading about 3 months ago on Robinhood, just started on thinkorswim. I’m open to any experienced suggestions, but I’m apparently a more visual person and need to see the stock movement, the screen full of numbers and stats is just confusing and makes me feel like I’m flying blind.

  11. Avataaar/Circle Created with python_avatars @kryptonianblack7769 says:

    Maybe software errors is one of many reasons most day traders lose money.

  12. Avataaar/Circle Created with python_avatars @soundmindbodydivine says:

    Red day today but I ain't crying. I broke one of the golden rules and let my emotions get the best of me. Ross taught me better than that so I actually feel good, I learned a lesson for cheap! Thanks Warriors!

  13. Avataaar/Circle Created with python_avatars @joeygylytiuk3376 says:

    What about IBKR

  14. Avataaar/Circle Created with python_avatars @ajcook7777 says:

    Ross have you ever enabled DAS Trader's fast limit order aggressiveness? I dont really use a share size big enough to really post a trade way over the ask (I will only buy like 1000-3000 shares because Interactive Brokers limits your Buying Power with cheaper stocks)…
    I hope IB will bring out a very fast version like Lightspeed for this influx of new day traders but I wont count on it!

  15. Avataaar/Circle Created with python_avatars @markbaugh6083 says:

    Thank you for the confirmation! After trading on Thinkorswim (TOS) for several years I find it really started going down hill when they were bought by Schwab. I have moved my capital from TOS to Tasty Works. Still keep an open account (for now) just for the scanning, charting, and RTD Excel tools. I HATE TOS for so many reasons, only some of which were described here.

  16. Avataaar/Circle Created with python_avatars @health4430 says:

    but only problem is you need 25k to start to use td ameritrade and if u dont have 25k u cant use it

  17. Avataaar/Circle Created with python_avatars @bensonwang7584 says:

    Ross, can i use Light Speed in Canada? thanks

  18. Avataaar/Circle Created with python_avatars @mikeprovost says:

    New trader here. That mentioned latency cost me almost $200 today. Nothing huge, but I got the message. Thank you for your videos sir.

  19. Avataaar/Circle Created with python_avatars @istoleyourpc6721 says:

    finally. someone who actually shows the execution speed of TOS in a real-world use case. always heard from forums that TOS is horrible in order fills and though it obviously isn't perfect, TOS is still relatively fast and probably fine for beginners. thanks Ross!

  20. Avataaar/Circle Created with python_avatars @tubemcg says:

    Level 2 is available on TOS. You can chart "Time and Sales", "Active Trader (trading ladder)" and "Level 2" in one trading window.

  21. Avataaar/Circle Created with python_avatars @DanielBrophyMusic says:

    At the start of the video, you mention sharing your workspace—am I just not seeing it, or was it removed?

  22. Avataaar/Circle Created with python_avatars @rowlandholland4700 says:

    I dont think light speed is worthy of it's name.

  23. Avataaar/Circle Created with python_avatars @BSY3712 says:

    Where is link to download setup? Don't see

  24. Avataaar/Circle Created with python_avatars @Retwak says:

    learned a lot today, i will register to your website for more 😃

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