I’m trying to get into day trading stocks. Let me know if you can provide any info or help me! Thanks.
Well I can tell you that you need a 25k account for day trading stocks and options…and you have to maintain that amount all the time on your account, because you will be labeled as a pattern day trader…other than that technical and fundamental analysis works
Some good brokers I found while doing some research:
MB Trading, Interactive Brokers, Trade Monster (if you are from US), TradeStation
25k is no problem. Do you have personal experience with any of their platforms? I know TWS for Interactive Brokers is a pain to use. I was with them for awhile. I’m looking for simple indicators like daily open line. Do you know if their data feeds are free?
Sorry no, that was just a part of my personal research going through reviews and checking baron’s review of best online brokers for 2014…you might wanna check it out
You can day trade emini futures with 400$ margin, if you were interested in indices.
Yes Futures is the only instrument where you can day trade without huge amount of margined money That is on my To Do list