Posts

Showing posts from March, 2014

Changing Discount Brokers

Hey everyone! Today I have decided to switch brokers. As many of you know that I have a small account with less than 25K in it. With less than 25K in my account, I can only have 3 day trades in a five day rolling period. Which really really sucks. Just think about how many potential trades you are missing out on! I am currently with TD Ameritrade and they are not a bad broker and after I hit the 25K mark, I might even switch back to them. As of now, I will be switching to Suretrader. The benefits of Suretrader is that you can day trade all you want without getting flagged and the SEC disabling your account for 90 days. Suretrader also has cheaper commission fees, which means more profits for us small guys out there. I know, I know... You're probably saying that after the first 1,000 shares they charge you 0.00495 per share. But that is not true for me. Since I bought the InvestorsLive DVD and also am a member now on InvestorsUnderground chatroom, I get some benefits. First benefit