Stocks

[MT3]

Anyone here play around in the stock market?. Nothing too serious just buying some penny stocks. Any good site that you guys mite recommend for buying. Say if i was too play around with $200 bux or so, is there any good sites that would charge low commesion fees. i know e-trade is like $20 per transaction. Im jus looking to play around with only a few amoun at first as i am still a student

[15-20_God]

spend your $200 on something shiny.
there's no point 'playing around' with $200.

[trader08]

With investment of $200 you should probably just put it in the bank. Commission is too steep and I don't think you can open a trading account with $200.

Point being, if you only have $200 to invest, than don't bother.. find a stock market simulation online and try your luck there and keep your money in the bank until you've got enough to atleast fire one shot...

[Nemodigital]

Speaking from experience $5,000 is minimum to start off on the stock market.

[MT3]

i guess i should jus forget abt it then.the thing is i have more money, but i just dont want to risk it all, as im saving up for tution n all.

[gei]

www.interactivebrokers.ca

$0.01 per share to trade, and I think the minimum per month is very low if you are below 25.

Then again I think you might have to have a minimum of $5000 to open an account.. but I could be wrong.

But really there is no point in playing with stocks with $200.

[charliebrown]

Commissions are too steep to make $200 investment worthwhile

HOWEVER, on a 0.20 stock (i.e. 1000 shrs), it has to move 0.06 (30%) for u to break even (typical commission = $29/trade)

30% may sound like a lot...but it's basically 0.01 a day for 6 days...so if you think you've found something that's been overly beat up, or something worth more than it's trading price of whatever...$200 could get you started

[alkapone]

No stock tips..

[vr6man25]

No stock tips..

WHERE????

[alkapone]

WHERE????

You tell me..

[Agent_J]

You tell me..

if u just mention the word 'stock' in a post, alkapone will say it's a stock tip

[cihanlee]

Speaking from experience $5,000 is minimum to start off on the stock market.

True... i am dealing with bmo investorline, and you need at least 5 thousand, and personally penny stocks are not worth it.

[st7860]

Buy a single share of a famous company that was recently bought out. The Stock Certificates of those companies tends to be a little bit higher than the stock price, just because of the fancy piece of paper.

Hint: animation companies

[alkapone]

Hint: animation companies[......]

Is that a tip?

[Agent_J]

Hint: animation companies[......]

Is that a tip?

no, unless you name the exact symbol/name and whether to buy/sell it, it's NOT a tip