I would like to know if ETrade is a good company to use for trading penny stocks. I just deposited my first amount ever today. Please help. Thanks in advance
I would like to know if ETrade is a good company to use for trading penny stocks. I just deposited my first amount ever today. Please help. Thanks in advance
Thanks a lot!
I use etrade. I've looked at Robinhood but I did not like what i saw. Plus if you're making more than 30 trades per quarter, you get Etrade Pro Elite for FREE. This is the software Tim uses for viewing stocks, it's an awesome software, the only draw backs is it uses a lot of power to operate so you'll need a fast laptop. In the end, if you nail trades right, the $20 is nothing compared to your earnings. Other brokers will charge you a percentage of your earnings, so if you make thousands, they c
Thanks man! I'm looking to start out with maybe $2000..
DO NOT trade with robinhood unless you're doing swings or investing. If you're day trading you'll want hotkeys or a faster broker that you can also short with. A penny stock is more likely to go down than it is to go up just by looking up their generally negative financials you can tell that.
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