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    newbie queries - brokers/commissions

    Hi guys. I am looking into opening up and account with questrade. The allow UK citizens (me) to open up daytrading account with $5000 with no PDT restrictions (because they are Canadian i guess) I did want to just trade 100share lots, but their commissions would eat me alive ($4.95...
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    $$Kongrats to all the $$ Dipsters$$$

    I find most of it quite amusing really. My only objection is the constant posting of dead animals, but then im British, and we tend to love our animals over here. The idea of killing a bear tends to sicken Brits. However, trading wise, I have learnt to turn into a bit of a bull in recent...
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    *Simulated* Trader P/L 2007

    Heres me. I started a thread a while ago. I plan to go with questrade. I am in the UK and questrade alow UK citizens to daytrade with $5000. I planned to trade in 100 share lots, but the commision would be too high for that number of shares and so I imagin i'd be tradin 200-500 lots per trade...
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    Piker's journal

    any updates? Im in the UK and am thinking of opening an account with questrade as a way of getting round the pdt rule?
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    daytrade with less than $25000?

    I'll take a look at terra nova too but at the moment questrade is looking quite appealing (except the commisions) Anyone answer my above questions? thx
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    daytrade with less than $25000?

    So, at the moment Im thinking about opening an account with questrade. I am from the UK and used to CFD type trading so I wonder If you can help me clear some stuff up. Commissions say: $4.95 - 1c per share, minimum $4.95 per trade. So, if I buy 100shares of ABC and then close them do I pay...
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    DIA Market Top by Joab

    good trading.
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    daytrade with less than $25000?

    But im not a trader yet. Not really. Basically I have found that I can make between 50-100c everday (on a demo) trading stocks. I cant do it trading forex or futures. I have traded on and off in the past few years with real money but always futures or forex, and I dont mind telling you that I...
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    daytrade with less than $25000?

    I just downloaded their cyberpro software to demo. Much more like it.
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    daytrade with less than $25000?

    up 50 odd cents overall. Yeah, i'll try their other platforms. Are they free? edit: How do you post a pic without it being a link?
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    DIA Market Top by Joab

    fair enough, Joab.
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    DIA Market Top by Joab

    My bad. I wasn't watching in realtime. Just went through the thread all at once.
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    DIA Market Top by Joab

    In fairness he did say to carry on holding the trade, thus wasn't stopped out...
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    daytrade with less than $25000?

    opened a new trade as an experiment. 100 shares. Price hasn't moved but it's saying my p/l on this trade is -$29.50. What's that about. not a bad exit on that NTAP trade.
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    daytrade with less than $25000?

    what does that 'net amount' mean? I assume I bought 100 shares? (I typed in 100 in the 'quantity' column before buying) I couldn't seem to find a running profit/loss amount whilst I was in my trade.
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    daytrade with less than $25000?

    demoing their online platform now. Can't say that I like it in fairness. Only one trade so far. Bought NTAP at 33.04. currently up around 60c.
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    daytrade with less than $25000?

    I know of no UK firms that allow you to daytrade american stocks. Only Interactivebrokers.co.uk. They require 25k to daytrade US stocks However, I have just notcied a Canadian firm called questrade who allow Uk citizens to open account without being restricted by the PDT rule...
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    daytrade with less than $25000?

    Is is not a nasdaq law? I wanna daytrade nasdaq stocks. I only know of 'alliance' who are based in Jamaica who allow you to trade with under 25k. You know of others? cheers.
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    daytrade with less than $25000?

    Its probably worth mentioning im in the UK. Im not even entirely sure what a prop firm is. Would I be trading from home. Would there be lots of fees?
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    daytrade with less than $25000?

    thanks for responding, but that just really isn't the case for me. I have given futures and forex a good go. Lost a little on both using real money. Then I decided I was being an idiot and began papertrading them both. Still could make consistently, but I learnt a few things from a great...
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