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A comment on Ask HN: Best online brokerage?.

Re:Ask HN: Best online brokerage? by pjharrin on Sunday December 07, 2008 @12:49AM (#388676)
Make sure you don't qualify as a pattern day trader (http://en.wikipedia.org/wiki/Pattern_day_trader)

Unless you are looking for education services or becoming a day trade, any discount broker will do. As with most things the more you pay the more you get, ie. thinkorswim isn't the cheapest but they focus on education

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Re:Ask HN: Best online brokerage? by theantidote on Sunday December 07, 2008 @01:42AM (#388707)
Thanks for the heads up. I'm not going to be trading that frequently. I just want to make sure that the brokerage I use doesn't charge excessive fees because I will be trading with such a low amount of money for a relatively short term.

I'll mostly be buying cheap blue chips and companies that are basically hard hit by the current crisis but bound to make a comeback within 1-2 years. Which companies exactly I'm not sure yet.

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