TDAmeritrade Review

TDAmeritrade® is one of the best known discount online brokers. They have been 30 years in the business.

They now charge a flat $9.99 for all market and limit orders, regardless of account balance or how many shares you buy. There are also NO Inactivity Fees.

Generally, $1,000 equity is required to open an IRA, and $2,000 equity is required to open any non-IRA. Your minimum initial deposit is based on the account type you have selected and may be modified by special promotional offers. Regardless of any promotional offer, a $2,000 minimum deposit is required to be considered for margin and options privileges.

At the moment they are having special promo. Simply open your account before September 30, 2009 to get Free trade commision for 30 days and $100.

Penny stocks basic

Penny stock are stocks which trades for less than $5. Some saying that penny stocks are traded below $1. Penny stock is high risk, but can also reward high return. Penny stock can give you huge returns. To successfully play with penny stock, you have to know the right strategy.
You should not use plenty of money, because it is too risky, and besides with penny stocks you can get huge returns.

If you want to play with penny stock, then you have to understand about technical analysis. Understanding chart will be very essential for you to make decision. You should also use indicator and oscillators, like Moving Average, MACD, and RSI. Moving average shows average price of a security, which shows trend. MACD can shows downward or upward momentum. While RSI shows whether a security is overbought or oversold. When it is overbought, the commodity usually go down, and when it is oversold, the commodity will go up.