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The Complete Idiot's Guide to Active Trading by Ken Little

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Chapter 11
Stockbrokers and Advisers
In This Chapter
• Swing and position traders can use retail brokerage firms
• Minimum expectations of an online broker
• Examine all costs, not just commissions
• Should you use an investment manager or financial planner?
Not all active traders require Nasdaq Level II price quotes and live streaming news feeds. You can still practice some forms of active trading using a regular online retail broker. These firms execute trades for all types of securities with proper licensing. Traders can find firms that offer rapid execution of orders and low commissions. Full-service brokerage firms have morphed into a type of investment management service that works for some investors who want a professional looking after ...

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