not to be impolite BUT $200 is NOT worth fooling with in the market. even @ a low rate like TD Ameritrade's $9.99 per trade, you will get eaten alive by commission and even with penny stocks you can't buy enough shares to make any real money trading.
not to be impolite BUT $200 is NOT worth fooling with in the market. even @ a low rate like TD Ameritrade's $9.99 per trade, you will get eaten alive by commission and even with penny stocks you can't buy enough shares to make any real money trading.
This may be a dumb question but I been recently learning on my own and reading this great forum. Good job guys, I for one appreciate you all's input. So what is the minimum play money you guys recommend to not get eaten up on commisions for stocks that are 5$ for example, or 2$, or 1$. Is there some rule of thumb or equation or something?
This may be a dumb question but I been recently learning on my own and reading this great forum. Good job guys, I for one appreciate you all's input. So what is the minimum play money you guys recommend to not get eaten up on commisions for stocks that are 5$ for example, or 2$, or 1$. Is there some rule of thumb or equation or something?