No. of Recommendations: 0
I submit orders to TradeKing who advised me that LTOUF trades very lightly ( I could only purchase perhaps 50 shares available that day ) and that they require an additional trading fee of $75 to their standard $4.95 transaction fee.

Having managed my executions proficiently for several years, TK switched its backroom operations to Penson. TK has worked through this transition somewhat awkwardly, but has resumed its previous efficiency.

As I am not fond of paying too much more for a stock than my average for that stock, I've not purchased more LTOUF from TK/Penson and do not know of their current requirements.

I principally buy and hold stocks. Options amount to perhaps 5% of my portfolio's value. However, their returns have generally been surpassed by my equity appreciation. Nonetheless, I look forward to dabbling in options more productively.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.