sahandke
sahandke Jan 30, 17 4:38 PM

I have yet to start trading, but I have been studying for a month now, and like you I wanted to start shorting but there are a lot of problems when you short with a small mount of money for example some broker may have the 2.50 rule. but its ur call, for shorting with 500$ i would suggest suretrader since ther eis no PDT rule but the 2.50 applies, the other broker require more starting money than 500$ best of luck

Fox_Trader
Fox_Trader Jan 30, 17 6:26 PM

If your starting out with 500 , suretrader avoiding the PDT is going to grow your account. Finding great setup's will also grow it. Etrade is a good one but will cost 9.99 per trade good charts. If your beginning trading your going to want to learn how to read charts ,level 2. Robinhood does not have anything does inforce PDT rule, no fees for commissions but honestly stinks.... Trade king have never used. Thinkorswim is another good one to use.

corywhite2
corywhite2 Jan 30, 17 6:35 PM

i opened an account with Options House which is partnered with etrade at 4.95 a stock but ill def check out suretrader. Whats the best way to learn to read charts?

Fox_Trader
Fox_Trader Jan 31, 17 7:26 PM

@cory Get yourself How to Make Millions DVD it runs 300 35hours long will make a huge difference with your knowledge. And should not be real trading this soon paper trade first.

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