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re: Best website to day trade small amounts of money?
Posted on 1/17/14 at 12:02 pm to TheCaterpillar
Posted on 1/17/14 at 12:02 pm to TheCaterpillar
quote:
Best website to day trade small amounts of money?
FWIW, you can't day trade small amounts of money without getting a letter from the SEC and getting your account frozen.
3
Posted on 1/17/14 at 12:26 pm to Hand
quote:
FWIW, you can't day trade small amounts of money without getting a letter from the SEC and getting your account frozen.
I did not know that
you have to have 25k in your account if you day trade 4 or more times a week
Posted on 1/17/14 at 3:31 pm to Hand
quote:
FWIW, you can't day trade small amounts of money without getting a letter from the SEC and getting your account frozen.
Woops, sorry SEC, and thank you for giving me a reason to quit before I lose all my money.
Posted on 1/17/14 at 8:16 pm to Hand
quote:
you can't day trade small amounts of money without getting a letter from the SEC and getting your account frozen.
Nice point, I did not know that.
But just as with anything else, trading isn't free and if you play penny ante poker you will be entertained for awhile but eventually the cost of trading will eat you up.
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