Comments on: 2 seconds to trade!!! http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sat, 20 Mar 2010 16:46:25 -0700 http://wordpress.org/?v=abc hourly 1 By: sean http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3895 sean Thu, 04 Jan 2007 15:18:01 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3895 There is nothing wrong with "Timing the market" So long as your always right. There is nothing wrong with “Timing the market”

So long as your always right.

]]> By: Hermann Klinke http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3894 Hermann Klinke Fri, 22 Dec 2006 11:43:08 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3894 I agree with Robert. Most orders that are at the market will be executed in just a few seconds at any online broker. This is so redicolous, it just shows what people E-Trade is targeting: beginners, that don't know better. I agree with Robert. Most orders that are at the market will be executed in just a few seconds at any online broker. This is so redicolous, it just shows what people E-Trade is targeting: beginners, that don’t know better.

]]> By: j http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3893 j Fri, 22 Dec 2006 00:29:30 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3893 2-second trade guarantees are a bit silly; and you're right on in pointing out that crap like this encourages over-trading. Still, I find it a little more silly than harmful. It's clearly just an example of E-Trade trying to cook up bogus ways to stand out in the competitive online brokerage market. Too bad last I checked their commissions were nearly twice as much as Scottrade's and that's a LOT more important to me than whether or not the trade is done in 2 seconds. 2-second trade guarantees are a bit silly; and you’re right on in pointing out that crap like this encourages over-trading. Still, I find it a little more silly than harmful. It’s clearly just an example of E-Trade trying to cook up bogus ways to stand out in the competitive online brokerage market.

Too bad last I checked their commissions were nearly twice as much as Scottrade’s and that’s a LOT more important to me than whether or not the trade is done in 2 seconds.

]]> By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3892 Ramit Sethi Thu, 21 Dec 2006 23:54:27 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3892 Ahhh, I appreciate it! Actually, I already got tagged by somebody else, too, but I'm too swamped to take part this time around. Thanks anyway... Ahhh, I appreciate it! Actually, I already got tagged by somebody else, too, but I’m too swamped to take part this time around. Thanks anyway…

]]> By: j.a. http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3891 j.a. Thu, 21 Dec 2006 22:33:30 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3891 pssh...fidelity offers a guarantee that beats e-trade's by 100% - it executes the same orders in 1 second or less! pssh…fidelity offers a guarantee that beats e-trade’s by 100% – it executes the same orders in 1 second or less!

]]> By: Andrew Maury http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3890 Andrew Maury Thu, 21 Dec 2006 22:32:21 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3890 Hey Ramit, I don't know if you are interested, but I just <a href="http://mauryproperties.com/blog/2006/12/21/ive-been-tagged/" rel="nofollow"> tagged you</a> in these "meme" game that is going around. You just are supposed to tell 5 things about you that most of your readers don't know. Hey Ramit,

I don’t know if you are interested, but I just tagged you in these “meme” game that is going around. You just are supposed to tell 5 things about you that most of your readers don’t know.

]]> By: sri http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3889 sri Thu, 21 Dec 2006 05:49:03 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3889 This is not about market timing. It is about marketing strategy!! Domino's delivers pizza in 10 min...... Get an oil change in 10 min. Get a college education in 10 months..... People react favorably shorter time. Learn JAVA in 24 hours. Honestly, you cannot learn JAVA in 24 hours....but the title of the book SELLS!! This is not about market timing. It is about marketing strategy!!

Domino’s delivers pizza in 10 min……

Get an oil change in 10 min.

Get a college education in 10 months…..

People react favorably shorter time.

Learn JAVA in 24 hours. Honestly, you cannot learn JAVA in 24 hours….but the title of the book SELLS!!

]]> By: TMT http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3888 TMT Thu, 21 Dec 2006 02:57:45 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3888 Market timing, stock selection and other flavors of "active" management are at best educated guessing because no one knows what's going to happen in the future. At worst, it's just plain old guessing. 2 Second Guarantee just lets you guess faster, I guess :) Market timing, stock selection and other flavors of “active” management are at best educated guessing because no one knows what’s going to happen in the future. At worst, it’s just plain old guessing.

2 Second Guarantee just lets you guess faster, I guess :)

]]> By: Nagel http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3887 Nagel Thu, 21 Dec 2006 00:44:50 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3887 Market timing is almost always a bad idea. 2 seconds typically would help you more with smaller stocks than those in the S&P. Market timing is almost always a bad idea. 2 seconds typically would help you more with smaller stocks than those in the S&P.

]]> By: Bryan C. Fleming http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade/comment-page-1/#comment-3886 Bryan C. Fleming Wed, 20 Dec 2006 23:25:51 +0000 http://www.iwillteachyoutoberich.com/blog/2-seconds-to-trade#comment-3886 They really don't care if this makes any sense. They just want you to open an account. If they think people feel this is important they'll push it. Truthfully, people probably do think this makes a difference. Kind of funny really. But not nearly as funny as some Credit Card offers I get. - Bryan <a href="http://www.BryanCFleming.com" rel="nofollow">http://www.BryanCFleming.com</a> They really don’t care if this makes any sense. They just want you to open an account. If they think people feel this is important they’ll push it.

Truthfully, people probably do think this makes a difference. Kind of funny really. But not nearly as funny as some Credit Card offers I get.

- Bryan
http://www.BryanCFleming.com

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