Tools… tools… tools. I can’t stress enough how important the tools you use are. This is especially important if you want to learn to trade at home for a living yourself. Think of tools as more than just tools. In the case of a brokerage firm, it’s the very lens that you look through to see the market and to spot trading opportunities.
How to Use Etrade Pro
If you are really serious about wanting to quit your day job and trade at home for a living, then you need to learn how to use ETrade Pro and how to screen for awesome swing trade setups with a 1 to 4 day hold.
How to Get Etrade Pro
If you want to learn to trade like the #3 ranked trader in the world out of more than 10,480 traders, then you need to know how to get Etrade Pro on your computer.
When you open an Etrade account, you can download Etrade Pro.
How to Download Etrade Pro
When you first log-in to Etrade, under the Account tab, you will see the tab appear that says, “Etrade 360”, click there.
Now scroll down a little ways and keep your eyes on the far right sidebar. Under “Launch Platforms”, you will see “E*Trade Pro” and a “Launch” button next to it. Click the “Launch” button.
After you run Etrade Pro for the first time, it will create a quick launch icon on your desktop that you can just click to start Etrade Pro.
How Much Does Etrade Pro Cost
At the time of updating this article in the 4th quarter of 2013, how much Etrade Pro costs is based on how much you trade in a calendar quarter. Etrade Pro writes, “The E*TRADE Pro trading platform is available at no additional charge to Pro Elite customers who execute at least 30 stock or options trades during a calendar quarter. To continue receiving access to this platform, you must execute at least 30 stock or options trades by the end of the following calendar quarter.”
Most people think that 30 trades in calendar quarter is a lot of trades but it’s not when you consider what Etrade calls “a trade”. A buy is one trade and a sell is another trade. So really, if you make 15 trades in a quarter, you get Etrade Pro free.
Frequently Asked Questions about How to Use ETrade Pro and Day Trading For a Living
What is Etrade Pro?
Etrade Pro is one of the most advanced trading platforms on the market. No matter your trading style, Etrade Pro has the tools you need.
Etrade Pro is free if you make 30 trades per quarter. Don’t worry. One trade is a buy, and one trade is a sell so its 15 round trades per quarter.