Yahoo Finance

Someone uses Yahoo Finance section for stock trades? If yes, do you consider yourself an active trader? How successful you are?

I am thinking to start doing online stock trading as well. Yahoo Finance might be a good source for obtaining information about publicly traded companies. What do you think?

 

I use Yahoo Finance merely for creating a stocklist. I am in Canada and use GlobeInvestor.com for research.

 

I dont do stocks online but since you are in the USA, have you checked out Etrade.com ?

 

I use Yahoo Finance as main financial reference source.

I haven't trade stocks usign this info though.

 

Yes, I checked Etrade as well. They are good and growing, but if I would have to make a choice, I would stick to ScotTrade.

 

Yahoo Finance is hardly a good source if you're an active trader.
Your broker should be able to provide you with some Level II quotes. I believe Scottrade doesn't offer it.

 

I used it some months ago, but wasn't sucessful. lol

 

Some online brokers don't charge commission anymore. You might want to check them out: Bank of America, Wells Fargo, Zecco etc.

I'm currently using TD Ameritrade and they offer Level II quotes.

 

if you want to discuss stocks go to stockhideout.com

 

I use it to display stocks, but considering it runs 15-20 min behind, I would not use it as a source for trading...

 

Thanks for the link.

By the way, what is level 2 quote?

 

Level II is a quote that ranks all the bid and ask prices.

 

yeah it gives you the depth of the market makers

 

Upto my knowledge it is not very popular to use..

 

I am from India.. I use Yahoo Finance just to see the real time quotes of stocks... and also its new beta graph is awesome.....

 

I think they got rid of real-time quotes a while ago.

 

yes they did everything is delayed now

 

I like indiabulls for this. Also ICICIdirect is good...

 

I think it's like 15-20 minutes which is a long time for a trader.

 

Yahoo Finance is one of the sites that I use for online trading. Please note that your online broker (etrade, ameritrade, etc..) will provide the same set of news and information if not more. You can also use them.