Quote:
Originally Posted by lazycash
I feel like I'm in a 2001 pump n dump penny stock thread. If the $10/buy/sell trading fees are making that much of a dent in your potential you must be ballin with a $50 stock purchase.
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Just dicking around while I'm learning.. If you think I'm going to throw big piles of money around before I know what I'm doing, you're crazy.
Having a tiny account and being with sharebuilder makes it tough to make a profit but so long as I'm making decent picks that's what is important right now.
I didn't want to mess with a demo account because I wanted it to "feel real".
MBTrading is going to be a-lot better. I can trade a-lot cheaper and WITHOUT the .007 surcharge. Even then.. a trade needs to be a few hundred bucks in order to make it worth paying the commission in and commission out.
You can't be some big baller man in penny stocks.. You can't make fifty and hundred thousand dollar trades because if you end up being too much of the trading volume, you'll never make it out alive.