Day Trading
Day Trading Simulations
Best discount broker for prospective day / swing trader?
Or is it wrong to think that discount brokers can satisfy these interests.
Is it true that brokers have different execution speeds for placing orders?
I enjoy momentum speculation and trading within a 7 day time frame, I seem to do well on the simulation programs.
I plan to start with $10,000 with $500 plus per month additional capital.
there are so many different reviews when i google this topic.
you need a minimum of 25,000$ to day trade. If you get your series 7 license though, you might be able to go to Bright Trading with 10k (I would call them first though) They give you use of their capital (millions of dollars) but you can seriously get stung with a bad day.
Dont trust the sim programs because on them, you get your orders right away. In real life when you do limit orders, you sometimes dont get in at the price you want. (or get out) Sometimes you place a limit order and you have several thousand shares ahead of you waiting for the same order then the price moves and you dont get filled.
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