Can any leafs provide insight on how good Wealthsimple trade is? Is it better than commission brokers? Will trading a lot of US stocks cost me more than commissions?
Bentley Robinson
If USO doesnt do a rally tomorrow morning im fucked
Carson Gray
For US stocks it's downright useless, unless you have ridiculously small balance in which case fees won't be quite as high as, say, questrade (they charge 1.5% each way for CAD USD transactions and can't hold USD). You can only trade with their app, and the app is beyond terrible. You'll have no choice but to use tradingview to monitor everything. For Canadian stocks, conditioned on the same issues as above, they're the best by far. Truly no fee in this case. ibrk is the cheapest if you use margin or if you do small transactions, whereas questrade is much cheaper if you make medium or large transactions and don't use margin. Option is cheaper with questrade as well.
Joseph Jones
It's weird that for crypto the US is the absolute worst place to be cuz due to SEC fuckery we are basically persona non grata on almost every exchange but when it comes to stonks and commodities the US is probably the best place to be with free access to the best markets. I'm not sure how I feel about this since I actively trade both
Zachary Stewart
US is still the best place to be for crypto, there are a scant few real exchanges in the rest of the world, which are usually scams that steal all your money and catch a lawsuit before you know it. Even worse with regard to coin exchange which, despite being in non-US jurisdictions, will gladly take your coins and then ask you to sing and dance with your passport to get the coins back, only to steal them all and disappear in the night.
Aiden Young
I have slowly come to the terrible revelation that none of you know what the fuck you are doing. I have a Master's in Accountancy with a Minor in Finance. I work for a fortune 100 as a corporate accountant with a CMA and CPA. I used to have some faith in user. None of you know how to actually value a company. You have no fucking clue how taxes work. You can't read financial statements. For fuck's sake you think TA works and the entire field of decision science churns out dissertations every other day highlighting their absolute dismay at the fact that brainlets ever consider using it. You have no idea what Dunning-Kruger is. You don't know what survivorship bias is. You are too fucking uneducated and stupid to comprehend how fucked you are.
Idk why I'm even posting this, fucking goodluck kids.
Jack Howard
>i am very smart which I why I shitpost about stonks on a chinese cartoon discussion board lmao
