And that's the point at which they're able to trade almost instinctively. Hey, nobody said this job was easy. This week online broker Ameritrade announced it was acquiring TradeCast , a brokerage serving both daytraders and institutional traders. Here's yet another case of a mainstream broker adding a platform aimed at its most active traders. The motives of brokers aside, it's good news for anyone who trades four to 10 times per month.
More competition means better services and lower commissions.
It's hard to believe that a few short years ago there were only a handful of daytrading brokerages. Next week, it's options trading in IRAs, as promised. Currently he holds no positions in the stocks of companies mentioned in this column. Read our conflicts and disclosure policy . Order reprints of TSC articles.