February 26, 2009
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Scottrade works for me. Make sure you know the SEC rules about day trading. If you make more than 4 day trades in a 5 day period or establish any pattern of day trading practice, you must have an account balance and/or margin account worth at least $25,000 otherwise the SEC will freeze your account for 90 days.
Comment by David M — March 2, 2009 @ 5:19 am
Scot trade No question about it. $7 trades and someone to talk to.
Comment by Doug M — March 4, 2009 @ 1:01 am
None. If you are a beginner, you should not be trading stocks. Instead hold on to your money and ‘pretend’ to invest –
When you are confident that you can gamble really well, then go for it – but with a small percent of your money. Put the rest into index funds.
Comment by Annie — March 5, 2009 @ 5:09 pm
dont risk with online trading..
Comment by free_a — March 6, 2009 @ 8:46 pm
I just started trading stocks last September. I started of with Scottrade.com, which allows you to trade at $7/ trade. More recently, I move onto Zecco.com, which allows for free trades.
Most importantly, it is important to research the companies that you want to invest in. You can find a beginner’s guide here: This site is also related to the CNBC’s show called Mad Money. I personally have had a lot of success starting here.
Comment by trackandfield — March 7, 2009 @ 4:00 am
Use ameritrade because u can have a smaller account. The next thing you need to do is reaearch the stocks and companies that you have in mind to invest. You also need to rememeber that you are using money and that it is not unlimited and that if your stocks start to fall to set a limit for both gains and losses and stick with it. Now if you want to tell if a stock price is expensive DONT look at price alone. Look at the P/E ratio as compared to the sector that it is in. But I am going to tell you this once more have your limits in mind before you get involved. Now if you dont mind I have always like Tech stocks, but go with what you know.
Comment by ballmonkeyhockey — March 10, 2009 @ 10:00 pm
The reason that some predict that Mark Vincellete will be on the cover of Time magazine is simply because of his brilliant strategy he developed for the Forex market. He is revolutionizing investing for the average investor. Making huge amounts of money and retiring young is not just for hedge fund managers. Investors who follow this program have been making unheard of returns. Due to compliance issues I cannot reveal the returns on investment but when you demo the program you will see for yourself. Once you see the power of the program you will tell everyone you know about it. That is why the company is growing 40% a month. This is a Forex hedge strategy and anyone can do it because of its simplicity. It takes about 10-20 minutes a week if that. You can follow the strategy with play money until you see how it works and are comfortable with investing. Don’t take me word for it though. Try it out for yourself. Watch the video presentation on the site below. It will explain everything through the video.. Take care
5000 @ 12% a month = 1.6 million in 4 years. 19 million in 6 years. 12% a month???? Its possible. Thats all I can say without getting into compliance issues.
Comment by Jonathan S — March 12, 2009 @ 7:05 pm
Open a brokerage account at Zecco and then I will help you. (I am a Portfolio Manager)
Comment by Frank Castle — March 16, 2009 @ 4:05 am