hay by the way, can students on F1 stat. invest on stocks, I did a little research and found out that we need to have tax id, and there was something called day trade that we can do....!!!sorry data base can you please give me some idea how it works, I am also interested in investing on stocks and opened a basic account on ShareBuilder but just stocked without doing anything....hope you will help me brother!!!

napa · Mar 30, 2010 10:15 PM

@Napa- Few hours ago, you've posted a thread saying you need a help on college graduation, in addition to that you also said your PARENTS are on the way, and  you're FAILING in one class etc.  BUT shouldn't you be concentrating for that class? You still have GREAT CHANCE and graduation is not until May.  After all those great responses from the viewers, you're here doing research on STOCKS.  

Sexy In Sari · Mar 30, 2010 10:52 PM

I don't think F-1 students can invest in stock market. In fact, F-1 students are not allowed to do anything except paying their college and living a harsh life. If you still want to trade stock, just go for it. Beside, stock itself is a risky business and taking one more risk by breaking a rule won't be a big deal. In terms of day trading, it requires at least 25,000 to start day trading. The requirement is set by SEC and is high because day trading is not suitable for all investors. Day trading involves high risk and should only be considered if you have over $25000 that you can risk to lose.     

Gajedi · Mar 30, 2010 11:03 PM

F-1 are consider as non-residents and they need to have an extra document to fill up with brokerage account application , which is IRS form W-8BEN.  Its easy, just the personal info, extra paper work. And you're good to go.  Last edited: 30-Mar-10 11:12 PM

Sexy In Sari · Mar 30, 2010 11:09 PM

@ sexy in sari...man u r so narrow minded person...Yeh!! I'm having problem with a class that does not mean i don't think anything else dude...I'm a computer science student, I spend 7-8 hrs on average on computer studying,...Yeh I am having problem in "system administration " class...Do you even know what is that...Dude, I can't believe you took it that way!....Dude don worry about my graduation..you don need too...and you read my thread and did not give any response..same on you dude, u r always trying to find negative side of everything...I can say you r a looser!!! Always talking shit about everybody....I believe your character must math you name "SEXY IN SARI"....Dude same on you!!!!!! N' dude I am doing research on stock...I am not spending hours on pron sites like you dude!!!!!!! Shit you pissed me off man!!! I will graduate with honor dude...do worry... SAME ON YOU!!!!!!! @ Gagedi , thank your for your information........appreciate it....

napa · Mar 30, 2010 11:29 PM

Posts from sexy_in_sari has been deleted as per his/her request. napa,F-1 student can also open an account as non resident and brokerage company may ask extra document. Thanks  

database · Mar 31, 2010 6:49 AM