Skiwi Sep 03, 17 8:36 AM

Don't use a cash account, don't use e*trade

mickd Sep 03, 17 5:19 PM

Out of curiosity, what's wrong with etrade?

Kody Sep 03, 17 6:58 PM

I'm in a similar position in regards to commissions eating up profits as I just started with a $1,000 account in TD Ameritrade account. I think at the beginning commissions are negligible because you need to focus on developing your strategy and figuring out what setups work for you, then you can size up when you have seen this type of play multiple times before.

charles3141 Sep 05, 17 10:18 AM

@berbj20 If you only have $700 to start off with, you should not be trading penny stocks yet. Save up money by trading cryptocurrencies and getting a job. Once you have at least $5,000 start shifting more towards penny stocks.

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