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Sorry guys, I meant $6 - $10 per 1000 shares. Not $65 - $100.

The fees for most pro firms are pretty cheap nowadays. It depends on how you negotiate with them. If you are paying $50 for 1000 shares, that is very cheap. Most of the pro firms out there will probably charge you around $65 - $100 per 1000 shares each way, buy or sell. If you lose more...

Its hard to argue how much are the successful day traders make these days. For me, I think someone who is making between: - 50K - 100K/yr is considered successful - but does it mean that they fall into the 5% successful day trader or - 100k - 500k/yr is very successful - also could...

Everyone new trader keep asking how long it would take to become profitable, but they don't think about not making at all. Not every trader can be profitable. I think it usually takes 6 months to 1 year to break even or be profitable. It depends on your personality. And if you don't make...

Kwancy, you seem like an inexperience trader. Are you making money these days trading your style? Here are some of the ways you can improve your trading skills: First of all, I think you should come in to work earlier. Do alot of research on stocks breaking new highs/low. Look at the...

Your best bet is the Roth IRA. I've checked into this matter with my accontant long time ago. Since the earnings we earned are short-term gains, it is not considered ordinary income. We are not allow to invest in any retirement savings that are tax deductables. The Keogh plan is not...

My friend, I would suggest you read alot and understand the overall markets. Then decide what you wanted to trade: equities, options, forex, etc. If you decided on trading stocks, my best bet is to spend alot of time paper trading. There are a few good websites out there to help you...

I am interested to see how many of you guys are profitable trading remote in the NW area. I've been trading remotely for almost two years in the NW area. I would certainly be interested in getting to know traders from the NW area.