Added margin privileges to my Scottrade account so I can now do short sells. Also opened small ETrade account today with margin. So a total of 9 day trades per week now possible. That should be sufficient number of trades to work with as I grow my knowledge and trading ability.
[TimChallenge] Too bad ETrade didn't have shares PLUM at 1.82 when It double topped and I tried. oh well
@ConnorAlerts Could you give advice even though I haven't paid for a membership yet? I just opened my first account today with just $500. I am 20 years old. I have always wanted to trade stocks since Ive been young but was either broke or scared. I just wanted to know if I should be using ETrade for penny stocks. I noticed something in their rules about no short selling. I am going to continue watchin many more of your videos before my first trade and will subscribe to a membership here once my transfer in complete and Im ready to trade. Please just answer that one question. Thanks in advance Connor!
I am new to trading. Ive wanted to do it my whole life but have always either not had the disposable money or was too worried. I am 20 years old now and today just deposited $500 in my account just to see how it goes. I used ETrade but am just curious to know if that is a company a lot of penny stock traders use. I noticed something about not being able to short sell etc. Someone please help. I have a week until I'm able to access the money. However I'm not in any rush and I don't mind changing companies if I have to. I am definitely going to do some more research before I start. Thanks in advance!
[TimAlerts] I guess ETrade was looking out for me and wouldn't let me pull up XGTI