I just opened an account yesterday for doing some small NASDAQ penny stocks trades, and not really looking for any other options right now. I'm thrilled to find out that they have waved the transaction fees (formally $4.95 each)
I may start with $1000-$2000 cash, and research which 5 day gainers I want to try out.
My ultimate goal is to help offset the cost of all my medical bills by picking a few up/coming pharmaceutical companies who have breaking news innovations, and shoot off the NYSE charts...I know, a pipe dream, but it will be interesting over the Winter.
If there are no transaction fees, is it unlimited (10 trades a week), and is there any other fees associated to the actual buy/sell other than the taxes ?
I may start with $1000-$2000 cash, and research which 5 day gainers I want to try out.
My ultimate goal is to help offset the cost of all my medical bills by picking a few up/coming pharmaceutical companies who have breaking news innovations, and shoot off the NYSE charts...I know, a pipe dream, but it will be interesting over the Winter.
If there are no transaction fees, is it unlimited (10 trades a week), and is there any other fees associated to the actual buy/sell other than the taxes ?