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Old 10-28-2011, 05:19 PM   #5812
bakasam
I STILL don't get it
 
Join Date: Aug 2008
Location: Imaginationland
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Quote:
Originally Posted by G View Post
Hi all,

I'm new to this but how do you guys buy/sell? Are you going through banks etc? I want to start with around 1000... Any tips?
Starting with 1000 is pretty tough unless your playing with penny stocks or doing some options. Personally I would save a bit more until you have some more capital to invest with.

Maybe you could tell everyone what your risk levels are and what you possibly hope to achieve

Do lots of reading investopedia is a good start if you have no clue what your doing

I would not recommend a bank to do your trades because the commission rates they charge would rape your profits (30$ a trade so you'd have to earn at least 60$ each time in order to break even)

Find a small broker that have like <10$ commissions and start from there (If they have TFSA trading accounts even better)
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