/biz/ - Business & Finance

>>13027015

Are you talking about their web-based trading portal or TWS? I mean, don't get me wrong, both are seriously fubar, but TWS is at least somewhat worth learning. My recommendation if you should be IB focussed: Get AmiBroker and get it set up to work with IB properly.

>>12527547

I wouldn't recommend it. With this type of 'investing' it is like with any type of investing: There are things to know first before getting into making money with it on a consistent basis. In no particular order some thoughts:

1. Do you know about some penny stick hustler's out there i.e. having a twitter, blog, forum presence and are somewhat authorities on their subject?
2. Have you read non-scam literature (mainly books) about penny stock investing?
3. Do you have at least in the broader sense some strategy how you want to make money with this?
4. Do you realize that penny stocks as a investment business is indeed one of the most contaminated subcategory of investing when it comes to scams/scammers? Do you believe you are up to it, I mean identifying possible opportunities and disregarding the scammers?

A last thing I at least wanted to share with you: When reading what you initially thought, I was thinking 'Why would he want to dive into this? He could have it way easier'. Don't get me wrong, I believe I know that you are looking for the high volatility, the big swings, cause that's where money can be made, right? If you have let's say 10k, you could choose a safer way and make money with it, too.

I can give some resilient empirical impressions, since I switched for electrical shaving to a razor (not a straight razor) back in 2009. Naturally they have an indefinite life expectancy, so all you have to 'renew' is blades (I always bought whole displays of Feather's) and shaving cream (I tried expensive ones, but switched to the cheapest Gillette out of the spray can). So I do this about a decade now: It is cheap, more clean, but laborious from time to time, because it just takes time to shave this way. Since I do have a stronger beard (a blade usually lasts two applications, if I am cheap then three) and cannot therefore shave on a day to day basis, I tend to shave two to three times a week. Would I recommend it? Absolutely. Anything electric when it comes to shaving is burning money AND is burning a considerable amount of money.