I'm a project manager on a construction company and I want extra income just a couple of a hundred bucks per day will do. I want to do short time investment or maybe longtime on small capital stocks.
2007-03-24 02:00:44 · 5 answers · asked by Pajoe 2 in Business & Finance ➔ Investing
Let me get this correct. You are a project manager for a construction company, but you want to spend your time day trading? When do you expect to do your day trading? Maybe I am reading too much into your question. Do you seriously mean you want to extract $200 a day from the market. To me that means day trading. I once worked in construction. I was out in the field 10 hours a day 6 and sometimes 7 days a week. And when I got back to the hotel room all I wanted to do was take a bath, have dinner and go to bed. Has contruction changed that much in the last 40 years?
Anyway, let me answer your question. E-trade has a fairly decent platform for day trading.
2007-03-24 02:44:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are new than you should not be day trading. If you are new you should research your purchases only buy established companies you know. www.buyandhold.com has a good program. they charge 7 a month but that includes 2 free trades and trades after that are just 2.99
don't worry about timing the market, no one can do that and if you are working construction you won't have time to watch that anyway
2007-03-24 03:05:01 · answer #2 · answered by Domino 4 · 0⤊ 0⤋
Trading is a full time job and most people who do it can't beat the index. Your expectations are unrealistic. Just invest in an index fund, or perhaps real estate given your background, or maybe just take classes and work your way into a career that pays better. Getting an evening MBA for example.
2007-03-24 12:11:09 · answer #3 · answered by tyates999 2 · 0⤊ 0⤋
Email me at franksprung@yahoo.com. and I will send you right to the one I use it is the best and if you are going to do short term you are going to want to use real time charts and portfolios. The company I use is cheap and it is the best online broker there is. They have free real time charts and portfolios with a few trades a month. Also they have limit orders, stop, limit stop, trailing stops all at no extra cost. they have no minimum balance and no maintenance fees. there are no hidden costs at all.They also have excellent tools to help you.
Frank
2007-03-24 05:20:48 · answer #4 · answered by franksprung 3 · 1⤊ 0⤋
Try http://sogoinvest.excellentabc.com . The most I pay per trade with them is $3 and I never had a problem with them.
Good luck trading.
2007-03-26 12:01:36 · answer #5 · answered by KevinM200 2 · 0⤊ 0⤋
try scottrade.good ratings.just keep it simple.
2007-03-24 03:24:04 · answer #6 · answered by derrik 2 · 0⤊ 0⤋