When looking for a brokerage firm one that was suggested by a friend that is a day trader was Optionhouse. I asked questions about their tools, the platform and other things I thought were important to know and was surprised at the answers including the price per trade. I started using Optionhouse about three months ago and since then I have not looked at another place to trade. This is one of the best brokerages I have used and there are so many learning resources anyone can become an expert day trader. The new trader can really learn how and why to make certain trades and investments and for me I was able to refresh my learning with all of the webnars and other resources to become a better day trader than before I signed up for an account at this online brokerage firm.

Learning Resources and Tools

There are learning resources and tools that make it easy for the day trader to learn how to make better trades and for the new trader to make them feel confident in their choices. Then there are tools that make it easy to make the trades at Optionhouse. There is also professional investment coaching that can help the trader to learn more effective ways to add to their portfolio. One of the things I like the best is the trading tools, because they include streaming charts, volatility chart, an options hotlist and a probability calculator. There are webnars, a webnar archive and the professional investment coaching. This coaching can help the trader learn to make better investments. The learning resources are important for the new day trader or old trader wanting a refresher course in making sound investments. This is the best way to make money and have a good looking stock portfolio.

The Optionhouse online trading platform is easy to use and to confirm a trade with one click of the mouse and also to have quick access to execution reports. There is the option to use cell phones like the Blackberry Bold 9000, 9500 Storm, 9630 Tour and the 8990 Curve, the iPhone the Palm Pre and G1 for checking your account and to conduct trades. Everyone carries a cell phone today and what better way to check your stocks and trades that might make good sense when you cannot be at the computer.

It is easy to see real time quotes, add funding to your account and check stocks news, along with the volatility charts allow you to analyze the volatility trends. One of the other advantages of this brokerage is the customer service. Openhouse customer service that is live, unlike other brokerage firms that have automated systems that place the trader on queue where they will wait or given a case number. Instead Openhouse customer service will help with any problems the account holder has including trades difficulties. Having an account with this brokerage firm makes sense when there is a problem and you get a live staff employee that can help instead of an automated menu that is not going to provide the immediate help you feel you need and deserve as a day trader.

The profit and loss calculator can also help the day trader with the way it can create scenarios that can let them see if an investment will be a good idea or if it might not be a good investment. The day trader using Optionhouse with all of the tools, the educational options and the customer service can add to their portfolio rapidly with good investments, because this online brokerage firm also has low prices for trades.