If you have 1,000 dollars to invest, what kind of broker can help you invest it? Is day trading better? Or?

Question

option trading?

Answer 1

Why not look in to forex trading....otherwise I would recommend staying away from day trading (you'll probably lose your a$$ rather quickly or get hooked and lose it anyway) Options are also pretty risky for the same reason

Answer 2

OPTION TRADING IS FAR MORE RISKY , BUT CAN EARN FAR MORE MONEY . IN THE LATE 90'S WHEN I TRADED OPTIONS YOU HAD TO TAKE A COURSE AND BE CERTIFIED TO HAVE A ACCOUNT , I HAVE HEARD THEY HAVE RELAXED IT A BIT NOW . KEEP IN MIND IF STOCKS GO SOUR YOU CAN LOOSE YOUR $ 1000. , BUT IN OPTIONS YOU COULD LOOSE YOUR $ 1000. AND STILL OWE $ 5000.- $ 10,000. MORE . WHEN I BOUGHT GOLD OPTIONS IN A HOUR OR TWO I COULD MAKE $ 300. - $ 800. AND WHEN COMPUTER GLITCHES HAPPENED I COULD AND DID LOOSE IT JUST AS FAST , PLUS IN THOSE DAYS MY TURN-AROUND BROKER FEE WAS $ 62.50 PER CONTRACT ( 1 = $ 62.50 , 2 = $125.00 , 3 = $ 187.50 ----YOU GET THE PICTURE )

Answer 3

Tip:    Do not  ever,  ever,    get into  day trading.    Too Much  Risk  of Losing.

Answer 4

Use a discount broker etrade, tdameritrade, scottrade