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Front Page > Forum Central (F1) > David's Corner > Lesson of the Day

 
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Old 01-18-2010, 06:48 PM   #31 (permalink)
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Hi Steve

Welcome to the community

$800 is not really enough to trade stocks with. The commissions alone will kill you. With an $800 account, you will be risking 2% of your account per trade just in commissions costs.

With that size account, you could-
Trade on a demo account while you learn and save up more money. It's free to to this and it works exactly like a regular account, only with virtual money. You can DL a demo account here-


You could trade forex with that size account.

You almost could trade options, but again the commissions would probably kill you.

Cheers
Tek
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