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[QUOTE]Originally posted by Machiavelli: [QB] hmmmm how do they make money?... ever hear the term..... buy low and sell high?... lol and they buy alot bigger then 100 and 1000 LOTS of stocks in the .04 to .25 price range... I think you do not know how to read a Level II screen or trade for that matter and you should stop now and do not buy any further stocks till you do learn how to trade... As for Ameritrade/Scottrade.... i'm no fan of theirs but they do execute orders pretty fast... you have to remember you are not the only one looking to buy Stock X... their are others in front of you with perhaps the same price you want to buy it at who get first shot before you to buy at that price... if Stock X goes higher in price your order doesn't get executed... a stock can move fast in price and therefor your order seems like it's taking long but in reality you have to adjust your order if you really want that stock... though I don't recommend averaging up at all... And this is the financial markets... nothing is for free and if they say it is there is always a catch that doesn't make it free though it seems like it... Brokers do not work for free... they are the only licensed professional that can buy and sell stock for the public... your job is to find a broker that charges the lowest commission possible with the best service possible... my personal favorite is Choicetrade.com .... other people have other favorites... Scottrade is not a favorite for penny stocks imo... for anyone.. except to use their platform... but anyways go check out [URL=http://www.choicetrade.com]www.choicetrade.com[/URL] and consider opening a account with them... As for you and trading... i can tell your a total Noob and you need to educate yourself first about how to trade... below are book recommendations: 1. A Beginner's Guide to Short Term Trading by Toni Turner 2. The Candlestick Course by Steve Nison 3. How I made $2,000,000 in the Stock Market 4. Reminisces of a Stock Operator by Edwin Lefevre 5. Trend Following by Michael Covel 6. The Market Wizard series by Jack D. Schwager There are others but those are my personal favorites.... [/QB][/QUOTE]
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