Page 82 - THE MARKET WHISPERER

80 PART 2 - Day Trading And How To Get Star ted

6. Does your broker allow you to trade on margin?
7. Does the broker collect a fixed monthly fee for providing a trading

platform? If so, how much?
8. Does the broker collect a fixed monthly fee for providing information

of any kind?
9. Does the broker’s trading platform allow you to observe real time

charts?
10. Does the broker’s trading platform allow direct access to stock

exchanges?
11. Is the broker’s trading platform a downloaded, installed, dedicated

application, or is it only web-based?
12. Will your broker let you “paper trade”, known as practicing on a “demo

platform”?

Once you’ve found a broker of your liking, check his website for where to
begin the process of opening your trading account. Once that’s completed,
deposit your money, receive the trading platform, and continue with the
learning process described in this book, while learning the platform you’ve
chosen.