What online broker/software should I use if I want to start day trading?
I use two;
ThinkOrSwim
Interactive Brokers
Read;
http://webreprints.djreprints.com/2390280139740.pdf#view=fitV,100
I suggest…. (very strongly) that you take at least year before day trading. Learn the skills of Technical Analysis and trading money management first. Then swing trade. If you aren’t profitable with swing trading….. don’t bother to day trade.
Swing and day trading can be very profitable. The actual figure for those not successful is 90+% (not 80%). I love it. But…. it took me years to learn the skills needed………..
Comments
INVEST don’t throw away money on day trading.
References :
I use two;
ThinkOrSwim
Interactive Brokers
Read;
http://webreprints.djreprints.com/2390280139740.pdf#view=fitV,100
I suggest…. (very strongly) that you take at least year before day trading. Learn the skills of Technical Analysis and trading money management first. Then swing trade. If you aren’t profitable with swing trading….. don’t bother to day trade.
Swing and day trading can be very profitable. The actual figure for those not successful is 90+% (not 80%). I love it. But…. it took me years to learn the skills needed………..
References :
All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.
Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.
Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade. For example I use Fidelity for investing. Scottrade for equities trading and ThinkorSwim for option trading
It seems that the most popular firms for on-line investing/trading all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim. In your situation, you may be best served if you select Scottrade or Ameritrade
References :
from the street
Hey, why don’t you try stock robots?
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The best part was I threw my resignation letter at my boss’s face and showed him the middle finger.
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It really works and guarantee to work. Read this report to learn more:
http://www.pennystockprophetreviews.com/
References :
April 8th, 2010 at 12:16 am
80% of all day traders lose money. I suggest you rethink your strategy.
Also, the actual figure for unsuccessful day traders is 80% as reported on less than one week ago by the New York Times who conducted a world wide study.
References :
Investment Advisor