KylanHodson
KylanHodson Jul 30, 15 12:42 PM

@dgb9716 every broker screws you a little bit. Right now it's your only option while you save the 2k for E-trade then the 10k for interactive brokers

jose182nd
jose182nd Jul 30, 15 1:00 PM

I would recommend Robinhood in which it free to trade when you buy and sell but the application process nearly took two weeks to be approve. When you sell your stock the funds are placed in unsettle funds for the next three business day. I won't recommend using Robinhood for day trading it more like a long term investment. And you must have a iPhone or iPad to used the app. It completely free no hidden fees or jack in the box

jose182nd
jose182nd Jul 30, 15 1:03 PM

Try tradeking the commission fee is 5 dollars, for the margina account it require you to hav e 2000 in a cash account. When you sell a stock your borrowing money from them it like taking a loan for school. The 2000 dollars requirement it shows that you have plenty of money to buy back when you buy the stock

BryanV
1
BryanV Jul 30, 15 8:25 PM

Hey David, growing your account will be very hard with only $600. I’d know because I started trading with $500, and you basically have to go all in. If you make 5% with $600 from a trade, you’ll make only 5 or 10 dollars because of commissions. Save up 1.5k more and study in the meantime. I switched to ETrade with 2k and this broker has great service and shares to short that cheaper brokers don’t have. Also, you need 2k to short sell anything. Good luck!

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BryanV
BryanV Jul 30, 15 11:11 AM

Careful buying stocks when they report earnings the next day man. Had they reported bad results or reacted negatively, (like ESI today) you'd be looking at a morning panic that's hard to cut losses with.

trader91
trader91 Jul 30, 15 11:51 AM

wich broker do you use?

Pennystalker
Pennystalker Jul 30, 15 12:51 PM

SureTrader, Good advice StarSeedz - I had got in yesterday and was already up some before close.Watched the video and news last time they had good earnings and there was a small spike before earnings release just like this time. Even with morning spike I was up a fair amount to cut out with small profit if the stock had gone the other way.

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David_McNamara
1
David_McNamara Jul 08, 15 3:00 AM

how to make millions definitely worth it, it outlines tims whole strategy and i have watched a lot of his dvds and this one is my number 1 recommendation

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BryanV

[TimAlerts] It really is. I literally had my first short today. $PBMD had an obvious head and shoulders pattern.

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