1. Finding a Brokerage
My goal is to get in and out of stocks quickly, with minor gains that will add up quickly, so I don't want all of my profits eaten up in commisions. I was sick of paying $29.95 per trade through TD Waterhouse so I transferred it to Trade Freedom. They charge just under $10 a trade. So far I have been happy with them. I find they execute my trades much faster than TD did and the customer service is great. I will keep you posted. If things don't work out through themI will switch to another brokerage.
2. Researching companies
I plan to trade mostly penny stocks. I have always bought blue chip companies. Penny stocks are new to me, so I have started doing some reasearch on various sites.
I recommend:
www.smallcaps.ca
www.moneysense.ca the Csn stocks under $2 forum and
www.hotstockmarket.com
Source: Adventures in day tradding
Wednesday, September 26, 2007
Getting Started
Posted by butanido at 1:42 AM
Labels: Adventures in day tradding
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