anyone trade stock? please help me

beardo

beardo

Well-Known Member
im trying to find out if their are any sites where i can buy stock with no minimum and no membership fee or account minimum. im looking to be able to start buying and selling stock with like 100$ and im looking to buy and sell often to make quick profits as soon as a stock goes up or down. thanks and rep for any real help or advice
 
NLXSK1

NLXSK1

Well-Known Member
100 isnt enough to start trading stocks. I recommend you save up.

I use Scottrade. There is an account minimum and trades are $7.00 to buy and $7.00 to sell.

So, with $100.00 you would need a stock that swung 20% to even make a $6.00 profit.

If you find a place with no minimum you would have to pay even more per trade.

Good Luck
 
beardo

beardo

Well-Known Member
so no one knows of any way to trade without a big minimum? what do you need to start? 1000$? 2000$? I cant just start with 100$ or 200$?
 
bajafox

bajafox

Well-Known Member
Probably better off gambling $100 on online poker than stocks...good luck though. I'm liquidating my stocks due to the economy :(
 
jhopkins34

jhopkins34

Active Member
I'd say you'd want between $500-$1000 minimum to start. But now is a great time to buy so I highly encourage you to buy right now, because it is a matter of time for the economy to turn around now, which equals you banking.
 
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