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re: stacked some cash for trading..what website do yall use?
Posted on 2/8/12 at 11:33 am to thejudge
Posted on 2/8/12 at 11:33 am to thejudge
I use Interactive Brokers and am pleased with it. I also have an Etrade account and would recommend you going that route. The whole Etrade site is geared more toward what you are trying to do. It's easy to navigate and do your research. Be careful though its easy to lose money in the market. I suggest setting up a paper money account (simulation account) until you get a feel of how everything works.
As far as your buddy's method... In theory that sounds easy to do. What is he calling a pop? 5%? 10%? How long is he typically in a trade? And how much do you mean when you say small amounts? $5,,000 ?
As far as your buddy's method... In theory that sounds easy to do. What is he calling a pop? 5%? 10%? How long is he typically in a trade? And how much do you mean when you say small amounts? $5,,000 ?
Posted on 2/8/12 at 11:45 am to TheDirty1
quote:
As far as your buddy's method... In theory that sounds easy to do. What is he calling a pop? 5%? 10%? How long is he typically in a trade? And how much do you mean when you say small amounts? $5,,000 ?
Exactly what I was thinking because if you say invest 2000 you take off half a percent when you buy and when you sell. So you have to clear at least 1 percent to make a gain. The more you invest the lower your break even percentage is.
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