Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Good Bye
If you are of legal age YES you can open an account with any major brokerage firm and begin to trade.
Don't forget, like traders/investors you must have sifficient capital in your account before you enter any orders. And all purchases must be paid in full (or sufficient margin deposited) before they can be sold,
Nearly all trading sites that are avialable to the public can enter orders and receive reports in seconds but that depends on the market you're trading in, the type of security your trading.
if you qualify for any of the financial houses yes, you can trade your own stocks, once you have bought them
but it will not happen in an instant like you see on TV
No, realistically, you can't.. Unless you are trading lot sizes of 1000 shares at a time, your per trade commission and fees with trading frequency will entirely eliminate any returns you are hoping for - you would have to be more or less in the 90th percentile to generate any reasonable returns after fees.
If you are not in the U.S. - open an account trading CFDs if you're interested in day trading. (FxPro and CMC Markets are a few retail brokers that come to mind)
Interactive Brokers... well... while I can't say anything bad about them - they are one of the better solutions for trading equities.
yes contact your choice of brokers and get set up
remember your platform (pc and internet connection) must be top notch to trade quick, as well as the platform of your broker
Pretty bleak
Exactly what the guy above said
Be a little practical here people, yes he can trade but at least lets be honest about his chances of 'forget profit'..consider making any commission gains at all. Its pretty bleak as i mentioned above. He is just to put himself in a bad position if he doesn't plan ahead.
The Wall Street traders have advanced degrees in economics and finance.
You can trade like they do the same you can fly like a fighter pilot.
Pretty soon, you will crash and burn.
no,,, you're only 16 years old,,, you need to be 18 to open up an account,,,
can i trade stocks for myself through something like scottrade or etrade i want to trade fast like how wall street traders do in second minutes hours can i do this