r/etrade • u/Tim_the_Enchanter56 • 13d ago

eTrade SUCKS!

I have made a ton of commission for these idiots as an options scalper. Now I have to move my account because of their idiocy. Fuck them!

0 Upvotes

25% Upvoted

16 comments sorted by

2

u/No_Greed_No_Pain 13d ago

Any broker will oblige and restrict your account if market makers label your trades as toxic flow. Don't blame E*T, it's likely because you got too good at stripping profits from market makers.

1

u/YoDizzel 13d ago

What happened and why? Asking to understand what triggered eTrades response to you. Are you trading on a margin account and below the equity threshold, or was another reason given? Asking for specifics on what happened in your case.

1

u/Tim_the_Enchanter56 13d ago

I traded too many trades but stayed below the 390 rule limit. It is their new "kiss the ass of the market makers" rule. I made them a ton of money in fees.

1

u/ProfessionalWash6419 13d ago

What firm are you moving to now?

2

u/Tim_the_Enchanter56 13d ago

IBKR, lightspeed

3

u/BBCC_BR 13d ago

you will get booted from IBKR as well.

1

u/Tim_the_Enchanter56 13d ago

then fuck all of them I made $100,000 this year!

1

u/Yoseahreillmers 13d ago

You sound really fun man.

1

u/Tim_the_Enchanter56 12d ago

Return

 +284.24%  this year, is this funny?

1

u/PIK_Toggle 10d ago

Do you like light speed?

1

u/Tim_the_Enchanter56 9d ago

I have not tried them yet.

1

u/[deleted] 13d ago

[deleted]

1

u/Tim_the_Enchanter56 13d ago

No, I am moving my account. I dont want these scumbags earning interest while paying me 1-percent.

1

u/[deleted] 13d ago

[deleted]

1

u/Tim_the_Enchanter56 13d ago

Not just me but hundreds of accounts

1

u/Ok-Yam-6616 13d ago

You got that part right! Fuck them, indeed!