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"..how do you get paid out ...check? debit load?"
Its been a while since I traded. But with Ameritrade they gave you an option of wire transfer, or check. If you invest in a corp. that pays dividends they usually send a check..
Don't forget taxes.. There are short and long term capital gains for trading, see
IRS publication p550 (sorry can't post the link). And keep track of your trades, you'll
have to list all the buy/sell dates etc. on your tax forms.
My tips would be make sure to buy enough of the stock. Don't just buy 10 shares, you won't make any money. And yes, I've seen this done... a lot!
KNOW what your doing when shorting! If you MUST do it, try a stop loss order to limit your liability. Or you will lose a lot, if not everything. "He who sells what isn't his'n, must buy it back or go to pris'n" Drew.
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