To be used for questions related to carrying out trade online. Typically used in the context of Stocks trading, can be used for Options or other trades. Related tags are trading, trading-volume, day-trading.

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2answers
77 views

Understanding the T + 3 settlement days rule

If I: Buy X at time T Sell X at time T' where T' < T +3 Buy Y on T' with proceeds from sale of X. Cannot sell Y before T' +3. Ref:http://www.slideshare.net/mring33/using-java Slide 29 It ...
7
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1answer
126 views

Transitioning from paper-trading (demo trading) to real trading?

I have two questions here: When one first starts trading, what are some things that one encounters that paper-trading does not prepare one for? The most common response I see for this question is, ...
6
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2answers
112 views

How Does A Special Memorandum Account Work

I've noticed that a lot of brokerage firms mention Special Memorandum Accounts (SMA) within the context of calculating margin requirements for margin accounts. Can anybody explain or perhaps direct ...
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1answer
73 views

Can you identify this broker/trading platform by looking at this picture?

Can someone identify what broker or trading platform this is?
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2answers
130 views

Are low commission trading sites safe?

There are sites such as OptionsHouse and TradeKing which offer trades for as low as $4. This is less than half of what's offered from the big brands. Are there any catches or things I should know ...
6
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4answers
609 views

Why did my limit buy order execute at a lower price?

A few weeks ago I started to trade American stocks. I have an IB account. Yesterday, I encountered a strange situation. I'm using the IB API. 9:30:56 I sent a limit buy order to IB (Buy MSI at ...
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1answer
423 views

Steps/Procedures to open an online stock trading account in the US

I follow the business news regularly and I have an avid interest in markets. However, having said that I have not had any prior stock trading experience, though I have practically seen some trading in ...
5
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3answers
427 views

How can I verify that a broker I found online is legitimate?

Are online stock trading sites like Scottrade and ShareBuilder safe? Or, are they scam sites?
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2answers
1k views

Ways to avoid being labeled a pattern day trader

Other than the obvious answer of "don't day trade" what ways can I avoid being labeled a pattern day trader. I've read the rules for when the label is triggered but I'm wondering about some real ...
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1answer
98 views

What is the cost of “free” trades?

It's not unusual to get a certain number of free trades when you open a new account at a brokerage, but some firms have gone as far as effectively eliminating trading fees altogether. For example, ...