@slappyMarsden Hey dude i want to ask you some questions can you pls add me on skype : gupo123 tks see u
I am a swing trader, long term investor...I started investing with a Motley Fool Special Ops subscription back in 2010-2011. I still consider myself somewhat of a newbie. I know the basics like support and resistance but I really need to learn more (gotta study Tim's DVD's). Coming from a long term investing newsletter has taught me to have patience. Cutting losses quickly sounds like a simple thing to do but sometimes I break my own rules and become an investor (or bag holder) rather than a trader. Update 3/11/15 : have since completed a Steve Nison candlestick course and a Bulls on Wall Street Boot Camp (I highly recommend both if you want to have a solid foundation).
I noticed you're from Canada... how much do you pay extra to trade on US markets? Did you open a US account?
My flat rate (BMO Investorline) for both U.S. and Canadian stocks is $9.99 per trade...I also have a SureTrader account.
So you pay the forex fees every time you trade?
No I don't pay forex fees because I trade U.S. stocks using american funds.
@gupo12345 I would suggest educating yourself before putting any money into the stock market. There's a great 60 day Boot Camp at bullsonwallstreet.com and well worth the money. Trading penny stocks can be risky business.
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