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/biz/ - Business & Finance

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11458100 No.11458100 [Reply] [Original]

And how much do you recommend I put in my account to start with

>> No.11458172

>>11458100

I use TD Ameritrade. It's like 8 bucks a trade. I'm happy.

I suggest people do what I did. Put only what you are comfortable losing into the market. Then trade like a wild man for 1 year. See what works and what doesn't. Then put your real investments into the market and trade smart.

I learned a lot that first year, now I just trade safely with my retirement money. I made 20% each year for the last 2 years.

>> No.11458192

>>11458172
Why would you pay more per trade? Is there simply a better interface or resources? Why not use a commission free service like robin hood or a cheaper commission broker. What are the major important differences?

And that is good advice about going wild for a year just to learn. I want to enter the market but I am very tentative and can’t seem to commit and push myself out of research mode

>> No.11458238

I'm a part-time lurker and trading seems like a very closed-off world to me. I don't even know how you begin to learn all this stuff

>> No.11458273

>>11458238
Thats where I am at, I have just been reading investopedia articles and stuff and looking at markets with different websites. All I know is buy something when its low and sell it when it goes high again

>> No.11458279

etrade for "safe" investments

robinhood for penny stocks and day trading

binance.

>> No.11458284

fidelity. most trades are commission free. nice UI too

>> No.11458303

>>11458100
is their a stock broker that you don't need a 25k minimum to trade?

>> No.11458310

>>11458284
I use Vanguard for commission free ETFs.

>> No.11458358

>>11458279
Any idea of a euro equivalent to robinhood?

>> No.11458390

I use etrade. I made 4 trades in 3 years - buy nvda at 40, sell at 279. bought gbtc when bitcoin was $800, sold gbtc when bitcoin was 17k. did i fuck up biz

>> No.11458391

>>11458279
What are “safe” investments?

>> No.11458548

Oh and another thing, are you guys all "rich"? Does investing require serious money for serious returns? I probably have around £30k to my name but would only be comfortable investing a couple thousand in "risky" ventures. Is it worth it?