Day Trading

Etrade is supposed to allow you to trade on 4 or 5 stock marktes around the world – a huge advantage for a really smart investor or one that wants to focus on international stocks, but useless to most smaller investors (or most that want to focus on mutual funds – like you, maybe).

There are some other good ones. You'll find that OptionExpress is very good (never used this one myself, but they are well rated). More expensive that scottrade but margin rates are lower and maybe they are faster at filling trades.

Anyhow, thats my take on 3 of them but there are many more out there. Of course only used ones that are sipc insured, and again – I'd advise searching for more specifics on this via an online search. FYI, I think kiplingers had an areticle about this about 1-2 years ago. good article but alot can change in 2 years (and I'm not positive it was Kiplingers)

Best luck.

As for sources, check with your brokerage. Many of them make learning tools available to their clients.

Best of success.

http://stocks.dlngroup.com/education/books.php

You might also want to visit DDs blog, indias no.1 Technical analyst. He posts quite interesting concepts and also helps you with your trading activity.

http://www.ddstockblog.com

The market doesn't move based on what you made. It moves on surprises and positive/negative forcasts of the future.

You can trade futures on the Hang Seng index from a number of brokerages, including Interactive Brokers. (You cannot trade an index directly. You have to use some tool such as a futures contract or an ETF.)

<<<I've noticed that very often the Asian Market follows the US market's previous day's results, am watching to see how often this happens. What a trading advantage it would be to be able to predict with fair accuracy what will happen in Asia and be able to trade accordingly. Any ideas?>>>

I am not sure how you expect to use US market results to improve your trading results. Every other trader in the world has the same information readily available, so any impact will be factored into the price at least as quickly as you can submit a trade order.

Limit orders will only fill at your specified Limit price or lower (for a buy). If the stock goes up you won't get a fill.

If you don't want partial fills you can use "all or none" order. They will fill the whole order or nothing.

Another thing you should know is you don't place an order for $100,000 worth of stock. You bid for a number of shares at a specified price (limit price). Market orders you only specify number of shares.

No offense, but you should really do some reading before you start trading. It's a risky business and the more you know the better. The web is full of information, but so is a bookstore or a library.

Good luck.