(Skip to the 3rd paragraph for the basics.)
Alright, so for starters, I'm in high school. I'm 17 and have two jobs: one is for fun, basically, and the other is a job that I can live off of. I go to a nice private high school that provides us with iPads. I recently learned about stocks and got into this app called Stock Wars. I know the basics and some more of the advanced stuff, and I also know how to calculate everything about a stock and everything. I'm up before 7:00 and name at 4:30. I spend almost all my time fake stock trading, and I've done really well. I trade as a hobby, so I am constantly checking my fake stocks, and I even have alarms set for them. I buy and sell quickly because it's my main pastime. I'm really good at trading long term because of my personal interests, and I know when stocks in military, sports, and video games will be good. I've done really well so far... with a fake $100,000. I've tried trading quickly with a reasonable amount that I would likely have, and I haven't had any luck day trading.
I really want to get into it, and I'm currently working on getting a brokerage account on Ameritrade or some others. I in total have around $1000 and I'm probably looking to only invest $400-$600. I've been saving up for nice computer for a long time, and I just got enough but I also got into stocks so I'm kinda stuck. I want to invest, but if I do, I want my money back quick so I can get the computer too.
Basically I have $400-$600 to invest, I have all the time in the world to do this, my dad can help me on a personal level, and I'm doing this as a hobby and for spending money. I'm aware of the risks and the commission fees. I know how to diversify my stocks and I know about losing money. I do not NEED money for anything and I really have nothing to lose. I am aware the fake game does not give me any experience on the real world and I'm not going to blow all my money on something I know nothing about.
Recently I started investing in amounts that I would be using realisticly and I'm only making a couple of cents or a few dollars (with commission fees)
Can I start trading with that amount? If so how? Is it possible to trade daily, or will I have to wait a long time Before I make the money back? Do you have any suggestions on a broker? Can I make money for just day to day use? Am I going to be stuck make $2-$3 at a time or am I doing something wrong?