I’ve looked at several brokers to do day trading with, but they all seem to require a minimum of ,000 in the account. I appreciate anyone who finds me a broker that doesn’t have a day trading minimum! Thanks – Tyler
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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Commodity Trading Broker And Its Role
The function of a commodity broker is to act as an intermediary in trade between the speculative market and investors interested in buying them. The commodities broker is generally responsible for the sale or purchase of company stock and securities, negotiated agreements and, in some cases acts as a mediator in a profit…
It’s federal law that you need $25,000. You can try a shady overseas broker, but it’s illegal…
Scottrade is great. I recently graduated college so I dont have much money to throw around. I started an account with $300 and I can place as many trades as I like at only $7 a trade.
Hmmm, I think Scottrade owes me for that one! (seriously, though, I’ve been very happy with them.)
I use Etrade and i started my account with $2,000, only down fall is it’s $12.99 a trade