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I personally think that Etrade includes best platform, plus advanced traders the $9.99 flat fee for a limit trade is worth it for accessibility platform. I am sure, but I’d imagine you are able to call them and get them to adjust your commissions lower, maybe to something like $7.
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Remember, as small investor, you have lots of exchanges available to you for your trading ceremony. You can invest in large cap stocks on NYSE, tech stocks with the NASDAQ, ETFs – AMEX, and options at the CBOT. To entice investors to trade Futures, the CME created an exchange that made other exchanges pale when put next.
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Pick a method – Down the road . pick any strategy to start building a process. Buying calls and puts is the simplest way to commenced. As you learn and experience more information about how prices move, you may use new solutions to your trading to make your system. Adding covered calls and protective puts to long equity positions is often a logical second step and can supercharge your account by generating monthly or weekly earnings.
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While I have multiple styles, I would characterize myself primarily as a momentum trader that uses tape reading to identify favorable risk/reward situations to enter in the direction of a trend.