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Open a paper (practice, not real dollars) account and dive in without any real risk. There's a long learning curve, so don't risk real money in the beginning.
IB does have a paper trading account. I suggest that you consider IB as their commissions are quite low compared to Schwab. IB's trading platform is easy to use and much more robust. There's no rule that says you can't have more than one brokerage account. I have accounts at Merrill, WF, E*Trade and IB. IB is my main trading account and I can track/trade in the other accounts from there.
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[–] cabalstone [S] 0 points 1 point 1 point (+1|-0) ago
Open a paper (practice, not real dollars) account and dive in without any real risk. There's a long learning curve, so don't risk real money in the beginning.
[–] fireantsinyourpants ago
Is that paper account in Interactive Brokers? I have a Schwab account, I will look to see if they have one there.
[–] cabalstone [S] ago
IB does have a paper trading account. I suggest that you consider IB as their commissions are quite low compared to Schwab. IB's trading platform is easy to use and much more robust. There's no rule that says you can't have more than one brokerage account. I have accounts at Merrill, WF, E*Trade and IB. IB is my main trading account and I can track/trade in the other accounts from there.