Do I pay interest when I use margin for one day in trading stock?

Posted in Day Trading on July 28th, 2010 by stock trading – 1 Comment
kbjnice7 asked:


In a margin account, do I pay interest on the margin I used for a day trade, meaning I used the margin for only one day?

Tracy
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Is there a dividend reinvestment plan offered through tradeking?

Posted in Discount Stock Trading on July 24th, 2010 by stock trading – 1 Comment
nickma2@sbcglobal.net asked:


I’m probably going to start an account with tradeking. Is there a dividend reinvestment plan offered through them. So that they will automatically reinvest in the stock?

Denise
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When day trading stocks how can I minimize or avoid unwanted capital gains taxes?

Posted in Day Trading on July 17th, 2010 by stock trading – 7 Comments
Logical Leroy asked:


I am starting out day trading stocks and want to minimize the taxes I will have to pay. Does anybody have good tips or tricks to doing this? I will not be holding them for over a year. Also any good programs or websites I might want to use. I use Scottrade currently but want something for charting.

Bernard
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Are there any discounts for students willing to trade in the stock market?

Posted in Discount Stock Trading on July 14th, 2010 by stock trading – 1 Comment
Peeing in the Shower asked:


Hey, I’m a student of 14 years and I was looking around the internet for any discount brokerage firm for students. Most places like TD Waterhous charges $29 per trade, which is too expensive for me. Is there any where I can get a lower trade fee? I only have $500 CAD to start my investing.

Maureen
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What is day trading and how can i do it?

Posted in Day Trading on July 11th, 2010 by stock trading – 5 Comments
dhampton82 asked:


I keep hearing about day trading, is it easy to learn and is it likely that i will not lose all my money doing it? I only have about $1000 to start and i am only 23 years old but i think it maybe fun and a learning experience for me if anything. What websites should I go with to learn/do some trading?

Samantha
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