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[QUOTE]Originally posted by Ace of Spades: [QB] [QUOTE]Originally posted by wdcisco: [qb] [QUOTE]Originally posted by Ace of Spades: [qb] prodigy trading let's you daytrade with only $2500 to start! They give you 4x buying power to daytrade also for big board stocks..meaning nasdaq, amex, and NYSE! http://www.prodigytrading.com/ I have an account with them and they are great! any broker or finanical firm/institution that is an LLC doesn't apply to the SEC daytrading rule, cause you are considered part of a group, so the whole group obiously meets the $25k minimum. Prop firms also are LLC's so they can get around SEC rules to! Some give their clients 10x intraday margin istead of 4x that most brokers do. But to some things up, I recomend prodigytrading! No daytrade restrictions, and they don't restrict penny stocks like scottade and other brokers! It's a branch of Grossman trading http://grossmantrading.com/index.html but the broker that lets you daytrade with only $2500 is prodigy! http://www.prodigytrading.com/ [/qb][/QUOTE]ACE, I want to start an account with these guys... How did you start you account--over the phone? Where do you log in? -wdcisco [/qb][/QUOTE]You call...keith answers the phone.....he answers any question you have and gives the instrucitons....and that's pretty much it! LoL Keith pretty much runs the whole show! It's a penson broker which is great! Basicly what happens is he emails you the forms, you print them out...fill them out...fax them over, and you're good to go! You download omnipro trading platform...and he gives you the login info to omnipro and your penson account! If I didn't have an account with prodigy myself, and love them....I wouldn't have ever posted about it...good luck Also some adivce....pay the money for the best package at stockcharts.com for advanced realtime charting...I watch the 60 minute charts over a 1-2 month perioud for my favorite big board stocks....and flip them like there's no tommorow... right now my list is...CSIQ , CSUN, LDK, TNH, MOS, MON, and of course the safest ones are FSLR, AAPL and GOOG ...the charts don't lie with good stocks....and they all move with the dow($INDU/QLD)..this is how you will bank big money in 2008, by being smart! also...check the 60 min chart on a tad bit riskier plays like CPSL, ASTI, DSTI, PEIX...The charts don't lie!!! It's like stealing candy from a baby....when ever the RSI or STOCHASTICS are over sold, or MACD crosses on the 60 minute chart at stockcharts.....snatch any of these up and you will back big money in a few days. You could use a daily chart or 5 min chart....but in my opion...to make the most profit in the most logical period of time....going by the 60 minut chart is what you want to do!!! CSIQ, CSUN, TNH, MON, and MOS have been making the biggest and most predictable gains for me...A Few TIMES a month...I've been makiing over 50% on my entire portfolio the last 3 months doing this! Using margin of course, but the charts don't lie, so I'm not takng a risk in my opinion. Volatile markets...means more chances to flip stocks by reading a 60 minute chart over 1-2 month periods IMO. and if you look at the 60 min chart on FRPT, CC, FMT, ....Or any stock that is making 52 week lows...the 60 minute chart can acuratelty get you in and out to make quick money..... eveyone has their own style and system...but this has been working for me!!! [/QB][/QUOTE]
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