Originally Posted by tastychicken2
i don't know what makes you think it's a good idea to trade in an ira.
given it's ur first year w/ an ira i doubt u'll have the same scale. commissions will kill whatever edge you have.
my "trades" generally occur over at least a month and most of the time I can express them through commission-free ETFs. I assume that u'll be turning over positions in days or less
My IRA was collecting next to nothing at my local savings bank. I'll try to keep trades to months or weeks instead of days.
Commissions are killing me in my brokerage account too
. I have to find trades that have enough upside to compensate for the commission costs.