Options House by E*TRADE TRADING PLATFORM REVIEW!

 Options House by E*TRADE TRADING PLATFORM REVIEW!

So I'm currently looking for a new broker and today I'm taking a look here at E*TRADE on its new options platform and getting an idea of ​​what's happening with this platform and it's something I could use for trading day goes talk about this in this video to stay tuned what's happening guys so today you were taking a look at a trade and like I said I'm looking for a new broker I'm not sure who I'll choose but I'm actually looking for the broker with the best kind of deals maybe a few free trades I'm looking for the best platform and then just kind of global customer service and stuff so first off I'm not getting any kind of promotional benefit from talking about and trade in this video and I want to be honest with you this is really the first time I used it I open it and I'll just go through it and we'll talk about what I pen only after looking at it, let's discuss if this is something I would use to trade the day re cently and trade bought home options and now they are using the options of home platform looks good they want to make it look nice and simple and easy to use the actual platform is a web based platform so there will already be limited and you can see that this is basically all you will see when pulling the platform for the first time and give you two options you can see some charts here but overall is not very intuitive in the sense of plotting and getting everything I need in level 2 and all I want to see for my type of trading you know for a kind of stock trading moment like this is a very basic version of home options this is a free version that E*TRADE is offering to its customers now let's just kind of break what it takes for me to actually put a trade so we have a graph pulled up here let's say I want to buy a zs in I want to buy here in the area of ​​ten dollars and now what I have to do to make this trade I have to go up to it and I will click trade I have to go here I have to change my amount and now I have to go here and change these things and I basically press preview so I do not have any money in this account now but just kind of give you an idea of ​​how many steps are needed to really make a request, so if I wanted to buy fast and sell fast with hockey, it does not look like I have that option, so this is a big problem if I'm trying for day trade and I want to be very competitive in these fast moving stocks , not having shortcut keys is going to be a big problem right now I really do not deal a lot of options that I kind of like from this citation window where it tells you the basics guys some ideas and on the news and gives you everything there but overall I really do not need it on my trading platform this is more for someone who is just kind of investing and wanting to buy stocks from time to time I would not say that this platform is aimed at people who are trading day you know a lot of activel y someone who is trading three four or five times a day doing business in and out fast I am not sure that this home option option is the right choice so see if we can get some options pull it here then looking at GoPro it'll give me the options window here give me the calls give me the puts and give me information there I can change the strike dates and then go through here and change all these things by so if you're really into trading options this might be a good platform for you. I'm not very big on options so I'm not 100% sure which ones are the best tool so I can get in here and build a strategy that you know really tell me my risk reward my probability and all that kind of thing that is cool interesting, it's kind of interesting I have the option here to add my little market viewer broke then there we go ok so now I can go here add my market view or add things I'm looking at there, going back to quote the charts and it's options then we have these different things that I can use so check out the scanner here I can go here to say let's run the scan trades in 52 weeks high and it will give me all the different stocks are trading a 52 -week high that is that is not a bad feature I could actually use this feature and then also use another type of trading platform, maybe as a trader - Pro but then use maybe this re scanning course to find out things that are happening that I can go there and change all the rounds of a kind of legal loophole in high volume showing me actions that are flaring up in high volume I can go over here to swap now it will pull up this be you in I'll hear the chart pull the chart and I can look at the chart be seeing it in make a great move today and this is cool if I go to the markets will live action goes pop up these different scanners largest number of deals on the day it seems Netflix is ​​the most active on the day now Netflix percent today up to $ 8 nice little move there on Netflix so I do like this feature as I said this is my first time actually using this platform and kind of going through it with you breaking type of what I see what I might want to use in the future and then kind of see if I would use this, but I like that option to have these Schemas that are legal, simply very simple and easy, so I like this feature. I will not hate that feature which can be a good resource to have a free platform and you can do these different scans quickly and easily. If you are not willing to pay $ 100 a month for something like exchanging ideas, you can use this trading options platform that is free and open an account on every business and use those scanning features that they also have. the news there then there are not all sorts of things going on inside this platform again, this could be great for someone who is in a swing trading or someone who is just investing something that is buying and selling stocks from time to time but me I think for the active day trader for someone who really is these crazy actions that go up a lot and break really big things like that, this may not be the platform for you. I definitely will not use personally hosted options for this type of trading, maybe I use it for my kind of sweet trade and stuff so maybe open an account and trade only for swing trading alone because this is a very cool platform for this option but when it comes to actually buying and selling these crazy volatile engines I would not be using home options because I really want to see the levels I really want to have my hot keys and I want to go in and out fast rates I do not want to click on the menus I I do not want to move and click and discover things and have all these options so really I know - Trader Pro looks like it's from 1999, but it's actually very simple and very easy to use, it's all you really need, just click click done in and out fast but be able to know but have to go through these different menus and click on all those different things and options to change in around every time you trade is not something I want to be doing when I am trading these crazy volatile stocks so there you are checking out the new South platform option of etrade a very cool platform for most people investors sway traders, this may be a great platform for you but I'll be looking for something a bit more advanced, a more active marketer is her, but I'll be looking for something a bit more advanced something that I can use hotkeys I can get in and out fast and this is not the only one for me.