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School me on Etrade

 
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Ejazzle
Soul Rider
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Joined: 22 Aug 2006
Posts: 345
City: Tequesta

PostPosted: May 30, 2009 7:40 am    Post subject: School me on Etrade Reply with quote

How does it work when you trade stocks? Do they have a certain commission of your profit? Or do you have to pay each time you trade?

any other information would really help also!

thanks
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Tyler T
Wakeboarder.com Freak
Wakeboarder.com Freak


Joined: 14 Apr 2003
Posts: 4772
City: Portland

PostPosted: May 30, 2009 8:45 am    Post subject: Reply with quote

Commission on profit? They'd be out of business last year if that's how they operated. You pay a flat commission for each trade. They may charge another commission depending on the type of trade you're making.
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ontrider
Ladies Man
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Joined: 30 Jul 2003
Posts: 16488
City: Russia

PostPosted: May 30, 2009 9:37 am    Post subject: Reply with quote

https://us.etrade.com/e/t/estation/pricing?id=1206010000
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Ejazzle
Soul Rider
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Joined: 22 Aug 2006
Posts: 345
City: Tequesta

PostPosted: May 30, 2009 9:53 am    Post subject: Reply with quote

so per trade its a set price. so if i sell 100 shares its the same as if i sold 10?
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Tyler T
Wakeboarder.com Freak
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Joined: 14 Apr 2003
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PostPosted: May 30, 2009 11:31 am    Post subject: Reply with quote

Ejazzle wrote:
so per trade its a set price. so if i sell 100 shares its the same as if i sold 10?


Yes. That's why it doesn't pay to move money around frequently if you're small potatoes.

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Ejazzle
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Joined: 22 Aug 2006
Posts: 345
City: Tequesta

PostPosted: May 31, 2009 8:00 am    Post subject: Reply with quote

thanks man,

now how do i get money into this bitch?
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