So as I'm starting to get more into pennystock trading, I'm thinking that I might need a smartphone to keep up with the market and my stocks when I'm away from the computer. I have a TDA account and I see that they make an iPhone app, but is there a better smartphone out there?
Or is using a smartphone for trading just a waste of time and money anyway?
I'm just trying to get some opinions and hear some experiences of people who have tried trading on a smartphone.
I find trading on a phone to be too clumsy and slow. It's a good way to check in on the market though when on the move - but it is certainly not a replacement for a laptop or desktop.
I recommend going with an Android-based phone - more customizable than the iPhone. The Droid Bionic is a good choice.
I agree with Gooop on the Android vs Iphone... I have even been able to use an old LG slider keyboard Android, almost as well as my laptop.... just itty bitty
Thought I'd throw in my $.02. I just switched back to the iPhone after 3 months of Android. True, it's more customizable, but the more you customize it, the more flaky it gets. I'm a power user with my phone, and I was rebooting almost daily (Samsung Galaxy S2).
When it comes to my phone, downtime costs money, so Apple and "It just works" is crucial. BUT, I do still keep Android on my tablet, because you can just get more done productivity-wise on an Android.
Anyway, both work great for spot trades, like when one of Doc's recommendations comes through. But for heavy trading, you need a computer. It's better with multiple windows/monitors, so you can do research on one, while keeping another on a ticker, and perhaps another on your day job. Can't do that on a phone or tablet.