I buy both, probably more juniors in the past because they had the highest beta. Going forward if I want something to hold for a long time they will probably be more of the majors.shmenge wrote:Do you buy junior resource co. or majors?
No IBNorbert Schlenker wrote:Carrick's annual list of good to bad to ugly discounters
RobK wrote:TD Waterhouse does NOT offer US RRSP Accounts.
TD Waterhouse does NOT offer US TFSA Accounts.
TD Waterhouse charges a $100 fee for RRSP accounts with assets less than $25,000.
"Please note that RBC Directing does not support Option Spreads.
We require a minimum of $100,000 in account equity before we'll allow naked put writing. Each account approved for naked put writing must have and maintain the minimum equity requirement within the account. You must contact us by telephone to discuss applying for Naked Puts.
Because of the inherent risk that is related to naked put writing, a higher minimum is required. When investors write naked put options, they are exposing themselves to the risk of being assigned at any moment (for American style put options), which would require an immediate outlay of cash. By writing a naked put option, you are giving someone the right to force you to buy equities (possibly in very large amounts) at a moment's notice. "
"Please note that the account must be approved for option trading during the account opening process where TD Waterhouse determines what level of option trading suits your account details; there are no guarantees. We do calls, puts, spreads, naked calls and puts. In regards to margin requirements for naked option trading, the account itself must have a minimum equity of $10k either in cash or holdings."
There are five levels of option trading authorized at Scotia iTRADE . Before you can start trading options your account must first be approved for the type of trading you propose to do.
Level 1: Covered Writes (no minimum)
Level 2: Purchases (calls & puts) - no minimum
Level 3: Spreads (not permitted for registered accounts) - $10k minimum
Level 4: Naked Puts (not permitted for registered accounts) - $25k minimum
Level 5: Naked Calls (not permitted for registered accounts) $100k/$500k min. for equities/indicies
Please note: A margin account is required for all non-RSP option trades.
I did not ask BMO about their policies since their commissions on options trading is TOO high in my view.
RobK wrote:Here is some info that is NOT mentioned in the Globe's article "Qtrade keeps its lock on No. 1 in Globe’s annual survey"
Qtrade apparently does not have insurance to reimburse investors for losses caused by computer hacking (ie unauthorized access to investor's online accounts).
Qtrade is in LAST place since it appears it lacks any insurance against computer hacking. Too risky in my view.
squid wrote:*Flat Fee Pricing $9.95 Terms and Conditions
Electronic option trades are charged at $9.95, plus $1.25 per contract.
Is that really bad? What does TDW charge?
RobK wrote:I have updated my comparison using info received from EMAILS from the brokers....
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