The best day trading software?

[Xanthia Alysha]

I know there are a lot of programs out there to help with trading stocks. Scottrade, E Trade, ect... What would you guys recommend? I would like to try my hand at day trading, or frequent buying/selling of stocks. I am going to start with $1000.00; and I would love any advice that I could get.

[Blackbeard]

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[Carson Casey]

It is no way you can day trading whit $1,000.00. You need to wait 3 days in order for the money to settled. Therefore, you should switch the account from cash to margin in order to avoid the 3 days rule and Regulation, unless you buy $ 10.00 to $ 20.00 of stocks at the rate of 10 times per day and commission fees of $ 9.99 per transaction.Please tell me if you know of anyone who does frequent buying/selling in the same day whit a bit of cash and no margin. I will switch my account at once.

[salenacaitlyn]

With $1000 dollars (only), if you are thinking of day trading then your thinking must chnage. If I were you then I would find a good mutual fund and put the money there and let the professional money managers handle that.

After investing the thousand dollar in amutual fund, I would do paper trading which means no real money is involved. I would choose stocks that are more than $10 dollars (no penny stocks). Trade it and see if I make money.