newbie ?

badbyzdmx · Nov 4, 2009

hi guys,

i am obviously new to 'trading' know nothing about it and am trying to look around and learn a bit from the wonderful www

first ?, which is the best company to utilize for buying/selling stocks, gold and other related items. i see that scottrade has the 7$ a trade deal. what would you guys recommend. i am not looking to be a day trader by any means just maybe start with a 1k and mess around a bit until i learn more about the market.

thanks in advance

illinifan9 · Nov 4, 2009

I'm in the same situation, I've been reading this board for a while now and I just wanted to get your guys advice on a site to use to buy and sell stocks that charges the cheapest transaction fees and lowest commission. TIA

Mulan · Nov 4, 2009

guys i just got started and the broker I would recommend to you is Trade King or zecco. Trade King's fees aren't worth it on penny stocks as they charge 1 cent a share on anything less than a penny but zecco is a flat $4.50 opinion the site is a little more confusing to navigate but you can't go wrong for a $4.50 commission fee

In my

mickj · Nov 4, 2009

Scottrade's been great, would recommend. :103631605

tanner12oz · Nov 5, 2009

badbyzdmx said:
hi guys,

i am obviously new to 'trading' know nothing about it and am trying to look around and learn a bit from the wonderful www

first ?, which is the best company to utilize for buying/selling stocks, gold and other related items. i see that scottrade has the 7$ a trade deal. what would you guys recommend. i am not looking to be a day trader by any means just maybe start with a 1k and mess around a bit until i learn more about the market.

thanks in advance

you have to determine what your goals are....are you a trying to start a retirement account? trying eek out a 10% return? trying to make double and triple short term?? each one of these has a different approach....let us know what your looking to do

illinifan9 · Nov 5, 2009

Tanner currently I'm just looking to do a little day trading to make some quick profits. Interested in penny stocks as well. Thanks for the advice guys.

tanner12oz · Nov 5, 2009

hope you have an iron stomach...day trading pennies can make ya wanna pull your hair out....i do it here and there but lose sleep in doing so

manunitedfan23 · Nov 9, 2009

hey guys im looking to learn too. i would like to learn how to make money in the short but if long term is better recommended im open to that

manunitedfan23 · Nov 9, 2009

and how much money would you suggest you need to start out?

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