Within the last couple weeks I began day trading stocks. I am still a beginner. I have run into a couple problems and was looking for feedback.
First of all, my wife works at an investment firm, which means that if she wants to work there she needs to have all of her investment money with them. Because I am married to her, all of my accounts need to be with them also.
1. Does anyone have any experience in a "forced" scenario like this?
-I don't want their trading account, but am forced into it because my wife works there.
- Because she is licensed, my account is "marked" as professional
-She is technically licensed to trade stock but she is NOT a trader/adviser/etc. She has a support role.
-They offer an "upgraded" trading account with Level 2 quotes...to premium (30+ trades per mo or $1MM+)
-They won't let me use that system because my account is marked as professional.
-I am forced to use there basic trading account
A. It doesn't have level 2 quotes.
B. Neither quotes nor charts stream in real time....I have to press refresh.
C. I can't put in a Sell- Stop Loss and a Sell- Limit for the same security to be in status at the same time.
-I know this trade is not necessary, but I'm experimenting with something.
2. Do other trading platforms allow this trade?
D.platform lacks support for many order strategies, & is plagued by data delays and other tech issues
I am going to request for special permission to use another trading platform but was told that it has been requested by others in the past but has never been allowed.
I am going to include A-D from above in my argument. I am also going to mention that I cannot trade Forex nor futures with there platform.