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Schwab StreetSmart Edge
Updated: Views / Replies:6,235 / 12
Created: by sysot1t Attachments:5

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Schwab StreetSmart Edge

  #11 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received

Final Review

I finished playing with SSE last week, I still have access to it, but after working with it I feel they still need to mature a number of things. There isnt really a way to provide them with feedback, so no point on playing with the platform all that much.

Overall, good and clean interface with some interesting features and tiny quirks that I think will advanced with time.

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The following user says Thank You to sysot1t for this post:
 
  #12 (permalink)
Trading Apprentice
Minneapolis
 
Futures Experience: Advanced
Platform: tos, cqg
Favorite Futures: many
 
Posts: 5 since Mar 2012
Thanks: 0 given, 0 received

I don't trade much at all with my Schwab account. When I was a noobie, I had street smart pro. Does anyone remember that thing? It was horrible, straight out of 1995. SSE is pretty good and actually has a similar feel to esignal.

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  #13 (permalink)
Elite Member
wa/ usa
 
Futures Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
Favorite Futures: CL ES 6C 6E
 
Posts: 254 since Oct 2012
Thanks: 197 given, 438 received


I use both SS Pro and Edge. Just for extra charts. I have never understood why people beat on SS pro. Been Using it since 2006 when it was cybertrader, never had one crash. Back in Oct or nov 2007 I still remember every single system crashed in our trading room and I was only one trading. True story.

Street smart Edge is laggy, system hog.

Pros-lots of new features like trading from chart itself, you can see order entry on charts and move it up or down right on chart, Charts are very crisp with notes right on charts however Charts are unreliable-it's great for a guy like one in their advertisements where you are a casual investor. Not so great if you are going to plunk $50,000 right on a moving average and then you check other platform and see that the moving avg is another .10 away LOL Personally I ve been with cybertrader/schwab for 7 years and I think schwab has given up on the day traders segment. My style isnt scalping but I do day trade with a little longer period timeframe and fills are instantaneous on fast moving equities when they r moving. In 7 years never have had a complaint of a bad fill-I do trade thick stocks though. Some great tools like momentum indicator and hi/lo indicator are great tools to have which when configured properly are great tools for a day trader. Too bad that they bought cybertrader and ruined it for us originals.

Cons- System hog, hangs up, inconsistent indicators, lots of fluff wtih some of it not working properly.

SS Pro still works great for me-no lag, charts are good and reliable, great commissions (.006/share $1 minimum), options are expensive but I dont do options that much, money transfers to and from are easy, no fee atm's etc. I havent really been motivated to move from Schwab for a long time but its definitely not for day traders anymore. And yes you can negotiate commisions-just did for my IRA.

Overall Customer service has always been stellar. That's whats keeping me there plus the no fee transfers, atms etc. One grudge is since there are probably some big guys on Schwab I find a lot of equities are hard to borrow most of the times. Lately its become an issue.

I realise this is an old thread but I am sure someone is still going to come looking for an answer.

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