Recent content by mlbuzz

The overall market returns more than 10% per annum. The minimum goal of a trader should be to "beat the market". Otherwise, sink your money into an overall market ETF and forget about it for a while. You'll get a market return while not worrying day to day.

Minimum is $25k to day trade US stocks. Though if your liquidated balance falls below that, you'll be restricted until your equity rises, or you deposit more money. Beware, it takes about a week for IB to deposit your funds. They hold it for a few days to avoid any risks on their end. If I...

Open a Interactive Brokers (IB) account. You need an initial investment of $10k, but then you can open a free paper trading account on which to practice. There are some on-going costs with a IB account, but as long as you do some "real money" trades that earn them $30 in commissions you don't...

That is great advice. I have a laptop and desktop, but they both use the same DSL connection. I think I'll be getting one of those wireless internet cards. They have a monthly recurring cost that will be in addition to my DSL, but at least it will be a back up! (Besides, then I can take the...

Richard, Thank you for your on going posts and advice. I have been using level 2 and attempting to learn some of your "micro-analysis" techniques. I have had some really positive initial success. I have been quite conservative, and had limited profits, but have made very few bad trades (and...

Central Florida! Good luck and happy trading!

I have had a great experience with Interactive Brokers. I started out in a "Sharebuilder" Account, but the trade cost was too high. I have found IB to be a low cost, easy to use broker. You just need a minimum of $10k to open an account, and a minimum $25k in net assets in the account any...

Hello! I have been investing in the market for over 13 years now, and have done okay with a passive approach, but with current technology, and recent losses sustained in my passive accounts, I would like to learn more about short term and day trading for immediate profit. I began by executing...