Im asking is stock trading with etrade real money? And if so are u aloud to withdraw money from erade and put it in a actual bank?
Im asking is stock trading with etrade real money? And if so are u aloud to withdraw money from erade and put it in a actual bank?
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Is stock trading with etrade legit?
Im asking is stock trading with etrade real money? And if so are u aloud to withdraw money from erade and put it in a actual bank?
e-Trade is legal. You send them money first to trade with and pay commissions. All money and stock in the account is yours to do with as you please. If you want to withdraw it and put in bank, you can. But if you take out all cash, you won't be able to trade unless you have stock and sell it.
If you can send at least $10,000.00. You can open a margin account. A margin account will let you buy more stock than you have cash to cover. They will cover the purchase plus commission as a interest free loan.
If you use real money then yes.
Almost every online stock trading site allows you to create a practice account where you make imaginary trades and track your balance, but its not real money. The purpose of these is to get you comfortable with their platform and the trading process so that you can begin trading with real money.
Yes, you can withdraw the money and put it in a regular bank (if you're trading with a real money account).
Of course tading with E-Trade is legit, it is a registred broker/dealer and as such folows the same rules and regulations that all other broker/dealers must follow.
Like all other broker/dealers e-trade uses real money and yes when your sell or have credit in your account the money can be moved to any bank you choose.
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i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
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While it's true that some t.v. programs are better at portraying and informing than literature, literature in themselves are an escape. I personally would have a publication over t.v.
Tv ruins your brain and enables you to bad in institution hmmm and reading is interesting and makes you smarter
yea, you won't get any stock with E trade until you fork over the money to buy them
Yes it is real money, your money. You deposit funds into your account and use it to buy stocks or mutual funds. You can add to it or withdraw from it. If you bought stocks with the money in your account, you'll have to sell them to get the money back. You will also be charged a commission to buy or sell a stock so don't do it too often (take money out). There are also capital gains taxes if you sell for a profit. Short term gains (owned the stock for less than one year) get taxed at a higher rate than long term stocks (stocks you've owned for more than 1 year). They will report all trades to the IRS so don't ignore the taxes thinking no one will know.
I don't really know what to say about this