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guysprospective
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Posted on 06-07-10 7:58
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I was wondering if an F-1 status allows you to DAY trade stocks?
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MRITYUNJAYA
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Posted on 06-08-10 12:42
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Yes if you are in legal status in USA. Trust me. Legal status includes F1. U can do it go ahead and best of luck. Make furtune...
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guysprospective
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Posted on 06-10-10 12:20
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Thanks. Do you also know which online broker will be a good one to start with?
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mailfrd
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Posted on 06-22-10 11:51
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sogotrade.com is the cheapest one i have found so far...let me know if u need a referral link..
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MRITYUNJAYA
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Posted on 06-22-10 1:03
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For me scottrade.com is comfy.good luck .
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Gajedi
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Posted on 06-22-10 2:33
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For day trading, it is better to go with interactive brokers. Their minimal requirement is $10000 and I am sure you will exceed that easily as the minimum requirement for Day trading is $25000. Day trading is all about speed of execution and your profit depends on how fast your order is executed. Trading platforms such as Sogotrade are snails in term of speed of execution. You should also consider getting NASDAQ Level II window or Total View if your broker doesn't provide it as the difference is ask and bid is the profit that you are going to make in day trading.
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