2006-08-11 04:14:27 · 3 answers · asked by cho_for 1 in Business & Finance ➔ Investing
scottrade is the cheapest i've found. 7$ flat per trade and no account maintenance fees. That's where most will screw you. for example if your minimum balance is 2000 and you buy 3000 worth of stock which does bad and is now only worth 1500, you get screwed twice, not only will you lose 1500 dollars because of the stock, now the company is going to charge you 20 bucks a month just to maintain your account, but, if you used all the cash in your account to buy the stock in the first place, which i did, it means you get screwed three times, now your gonna have to start writing checks to your account every month to keep it open. don't get suckered by those 20 free trades offer either, they expire in one month, and there's no way you'll make 20 trades in a month. read the fine print.
2006-08-11 04:26:07 · answer #1 · answered by San 2 · 0⤊ 0⤋
From your question I can gather you need to start somewhere else. Read the book "Winning the Loser's Game" and then come back and ask a question about stock trading. In the mean time search the web, and you decide who is top based on your own criteria.
2006-08-11 11:25:43 · answer #2 · answered by 'stavo 2 · 0⤊ 0⤋
get trader magazine, it always lists the top guys in there. there's a show on cnbc called mad money, which features a lot of them
2006-08-11 14:09:47 · answer #3 · answered by billysimas 3 · 0⤊ 0⤋