I am thinking about doing some day trading this summer instead of finding a summer job. Does anyone have tips on what brokerages are good and any other advice.
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
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TDAmeritrade or Scottrade. TDAmeritrade has quicker execution times.
go to sharebuilder.com they have great stock advice and tips, and not only that they have links to other sites as well for investing………..and never forget the S&P 500!
I believe that E-Trade is probably a good bet for you. Though I do not day trade and this is my poor oppinion, I think you should check them out.