I’m a business student and currently signed up for an online trading website with a small amount of(the minimum $500 it required) deposit. I just wanted to experience how the stock market works and hopefully make a few bucks. I diversified my investments into 3 different companies and they’ve been doing pretty well these couple of days.

However, it charges me $7 every transaction no matter how many shares I buy/sell.So I feel I’ll be happy if I break even by making $14(commission to buy&sell) but I’m still losing money on all of them since the gain on each stock did not exceed $14 which will be taken out from my account balance automatically.

I understand I need more experience and knowledge but is there such thing as strategies for trading stocks with small capital? Should I not have diversified my investments? Or should I invest more money since the $500 won’t take me anywhere?