I want to begin day trading stocks, what is the best/fastest/low cost site out there with software that?
is not to hard to use? I am going to trade maybe 2 or three hours a day, with a couple times all day. This is not going to be my profession, so an easy to use system would be best. I am just trying to practice with not to big of a bankroll to test out my skills! Thanks.
First, to day trade stocks, brokerages will require a minimum account size of at least $25,000. Also, it’s a risky game — very few people succeed at it. Those that do have generally become highly skilled at longer-term trading (position trading over several weeks, months or years or "swing trading" over days or weeks) before attempting day trading. There is no software you can use to make your decisions — that is totally up to you. It requires a great deal of experience (I would say, many years) to become a successful day trader.
Comments
You can’t day trade for hours per day without a sizeable cash stake. Most attempts at "day trading" wind up as "losers."
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Try Zecco.com. Free trades with more than $2500 and accounts with less have $4.50 trades.
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try new.quote
more on my blog
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http://360.yahoo.com/my_profile-KOTK5BE1cqhaITvved5lWK4M;_ylt=AusNtc8iLbJ0pOgB7x4sgvGkAOJ3
where do u live?? without telling that how can anybody suggest on that….i mean here in yahoo answers there are thousands of people from hundreds of countries participate…and it is different to each country…
even to help u out its essential to know at least from which country u are…
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March 1st, 2010 at 3:11 am
First, to day trade stocks, brokerages will require a minimum account size of at least $25,000. Also, it’s a risky game — very few people succeed at it. Those that do have generally become highly skilled at longer-term trading (position trading over several weeks, months or years or "swing trading" over days or weeks) before attempting day trading. There is no software you can use to make your decisions — that is totally up to you. It requires a great deal of experience (I would say, many years) to become a successful day trader.
References :