Futures Margin Rates TradeStation

Need advice on which online broker to use. Please advise!

I want low cost trades, currently use Edward Jones and get raped. I started with EJ because I started a Roth there, and will keep it there. It just is not good for short term trading.
I want my money to be quickly accessible so I can disengage it / Reengage it to capture gains/avoid losses. I would want lowest fees. I don't mind commission per trade being around 10 bucks, so the 5-12usd range is fine. I ONLY do straight stock trades. No options/mutual funds/forex I think... as I am a newbie.... I would also need easy documentation for tax purposes. This will be my first year paying capital gains/loss on my trading activity. I want that to be as smooth as possible. I will be getting a CPA for taxes this year, previously used TurboTax and did it myself.
I will have between 2500-10000usd in the account. I do some light day trading. (1-2 trades max a day, usually 1-2 trades every 1-2 weeks, AKA not a lot but still in short term range.)
I started because of the following reasons. I have a B.S. in International Economics from Texas Tech. I invest in E&P companies. I have four years experience working completions[frac jobs] in the oil industry, primarily the Permian Basin/Midland-Odessa of Texas. I have a lot of time on my hands while at work that doesn't interfere with my work quality and I can still watch/act on the market movements.
So far I think TradeKing is my best bet but not sure. Maybe Cobra Trading
Any advice is welcome!! Please help!
Hoping this was the right subforum, also posting in Investment
e: I have robinhood but was told it took 2-3 days for funds to clear trades. This doesn't work for me as sometimes I enteexit on the same day.
e2: I am going to be calling a good friend with 4 years experienced for JP Morgan today to clear up some confusion I believe is here due to terminology. Will update thread when I can more clearly explain myself.
I looked up margin accounts, PDT, and margin trading. As far as I know, I am not a margin trader, I do not trade on margin, nor have I done so. I have the cash backing up all trades I made. All trades I made/make have the equity/cash inside my brokerage account to back them up.
e3: I have a cash account, I want to stay cash account. PDT will apply to me. I do not have the funds to enter into margin trading nor the desire.
I am probably just needing to decide between tradekings and tradestation. They all seem the same cost wise just need to look into their tools and layouts and which one I enjoy.
Thanks for the help everyone.
submitted by Snapta to stocks [link] [comments]

Introduction to Margin and Leverage - YouTube How I Trade Forex with InteractiveBrokers - YouTube Learning TradeStation - Trading Options with OptionStation ... Best Brokers for Day Trading / Scalping / Momentum (US ... Broker and Platform comparison: Interactive Brokers and ...

TradeStation is a leading online brokerage facilitating the trade of stocks, options and futures. ... Options margin requirements will differ from cash account minimum balance rules, for example. Popular Alternatives To TradeStation. Review. Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of ... Forex Margin Calculations..... 13 Carry Trade and Roll Over ... However, TradeStation Forex does not provide or suggest trading strategies. We offer you unique tools to help you design your own strategies and look at how In forex markets, 1% margin is not unusual, which means that traders can control $100,000 of currency with $1,000. Margin accounts are offered by brokerage firms to investors and updated as the ... Margin rates for futures trading varies by contract at TradeStation. The broker requires $4,620 of initial margin to trade the E-mini S&P 500, for example. The contract has a maintenance margin of $4,200, and a day trading rate of $1,155 (25% of $4,620). London Cocoa Futures has an initial margin of £940, which is also the maintenance margin. Futures Margin Rates. ... Forex and Crypto markets (TradeStation Technologies is not a financial services company). You Can Trade, Inc. is an online educational, news and entertainment media publication service that seeks to provide to the public a marketplace of potentially actionable investment and trading content, ...

[index] [97] [1899] [1228] [4074] [824] [780] [3053] [1298] [2176] [949]

Introduction to Margin and Leverage - YouTube

One trading jargon that you’ll hear very often is margin. It’s usually in terms like margin account, margin trading and even margin call. It seems a bit comp... Comparison of stock brokers and their platforms for active traders. I've been using both Tradestation and Interactive Brokers for over a year and this is my ... See how easy it is to enter Forex orders and trade with IB. I use the regular TWS/trading workstation just like I do for my stock and ETF trades. This step b... In this video we show you the BEST trend line trading strategy that NO ONE talks about. Trend lines and combining them with price action as part of your trad... Leverage allows you to potentially trade more money than you have in your account. Leveraged trading carries a high degree of risk. Carefully consider your f...

#