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Old 11-01-2006, 06:14   #1
derek12b
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Join Date: Jan 2006
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Where To Start Trading

Hello to anyone reading this and thanks for taking the time to answer my questions. I am a total beginner but a quick learner with a real drive to try this out and get a well rounded understanding of how it all works. I recently got a good tip on a stock but I am overwelmed when it comes to actually finding and picking a online trading company. I looked at itrade, Ameritrade, Fidelity but the start-up fees are...well for a beginner, financially crippeling. I signed up for free at Sharebuilder but I did not give my checking account# yet because I am a little hesitant on how it works. If anyone can give me some solid advice it would be greatly appreciated. I just read Real Money by Jim Cramer and I have kept up on stocks for years now. Now I would like to put my feet in the water and try some small trades just to see how I do. I have a great job to be a investor/trader. I am a self employed communications technician. I go out to work for a week or two and have a week or two at home and this gives me real time to do my homework. I know what you might be thinking, he just read the book and watches Mad Money and now he wants to be a daytrader, this is true to a point but I used the book as a 101 course and a motivational tool. One of the main things I am wanting to know is if I buy a stock and see I have made a gain how do I get the money out, where does it go? I know they might be silly questions to some but you all started somewhere. If anyone can give me some good advice I will be more than happy. If you have any good links for me to read over or just some sound advice would help. Thanks for reading and I will give you a follow up on how my stock did.
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