I guess I should have worded it differently. I already trade ameritrade. I use a newer dell with a 19in LCD. I am interested in upgrading to a multi-LCD/ multi-video card setup to follow more charts at once. Does anyone have a multi monitor setup?
You will need a computer that is quick you will also need a highspeed internet connection and most importantly you will need level 2 charts that are not delayed that are up to the minute tick for tick with the market, which you will probably have to pay a subscription for. Most charts on the internet are delayed. If you don't know how to day trade you will need to learn how which I am assuming you don't understand the true concept of day trading most people don't they think it is based on volatility and momentum which couldn't be further from the truth. It is based on mocking the specialists and getting inbetween the bid ask spreads which have become very tight in todays markets. so educate yourself before you start.
Me a newbie to the market… but dont startoff with the RISK factor involved in day trading unless necessary
Are buy and sell orders put by u executed in click-time (generally, irrespective of volumes traded)?Can u explain abt ask price and bid price in general?
What abt Direct Access Trading with no brokereges….is it open for everyone?
If its only thru cash with no margins…then can we own the shares at the end of day if prices r down like normal buying of shares? or diff set of rules apply for ID trading?
Is thr a min. amount to start with for trading?
In brief,what and how are diff types of ID trading done ?
TIA
Do mock trading first
select few
ebooks on 4shared.com
use chart install medved quotetraker freeware
5000 is ok
And is there any mock trading methods available on any free website?
Yes, but can you read them? Intraday trading is essentially an application of high-frequency time series analysis, and high-frequency time series analysis is a PhD-level subject…