Whats the best way to start trading stocks online?

Answers:9   |   LastUpdateAt:2022-01-20 12:57:50  

Asked at 2012-07-19 12:24:02
I just opened an accout with TD Ameritrade , 9.99 in a shop. And I'd like some help with advice on getting started.
Answer1LuliaAnswered at 2012-07-20 01:36:02
You have a lot of answers. Here's another :
Investigate the different investments available to them . Make the best investment you can : Invest the time to educate. Once you have that knowledge, no one can remove.

Answer2Mr. SalmanAnswered at 2012-07-30 10:33:56
Basic Self-Assessment :
1) How much is put into the account.
2) What is the percentage of portfolio that you like to set your return. IE. 30% of mutual funds and 70 % of shares.

3) do your research of the population to choose
a) What is the industry of your choice or the most active in the market.
b ) the expected rate of return based on their risk prefernece .
4) reading :
a) go to the action you choose. Chech its Form 10- K.
b ) a review of your finances.
c ) Read the book " The Intelligent Investor " by Graham Beniamin .
5), even to identify certain actions , be careful to take into account the daily volume of shares.
6) set the limit bidding
7) set the sale price range .
Answer3ZenaAnswered at 2012-08-01 18:57:02
write the names of the company you know and symbol trading on a 8-1/2 by 11 paper and paste on the wall.

throw a dart at it, it lands on it, buy it. After purchase , once a day when the market closes , check the stock price . If 5% in a week , sell it the next morning at or above that price . Then you can do for the rest of the month , quarter or year, and just beat the return banks.

Oh by the way , a short-term gain and taxed in its support.

You do not have to negotiate much . Only occasionally when people are sad or excited about your portfolio. The rule of the game is . set realistic expectations for each operation ( before operation ). Stay with that goal and not be greedy.

Answer4tren5Answered at 2012-08-13 20:13:02
define their interests and reading / listening to economic changes , then do some research through yahoofinance , Morningstar , or other financial sites . Think about the issues surrounding their interests, for example , you believe that CAT is going to rise for any reason, then you should also look at CMI , which makes engines. Start reading The Economist, wallstreet journal, watch CNBC in the morning, see a bit of Jim Cramer , money mad, be educated in the terminology in the field of finance
Answer5AlejandraAnswered at 2012-08-16 18:53:02
read the paper or watch the news to see what investors are getting rich. Currently Yahoo, Texas billionaire Boone Pickens, announced it is building a wind farm and spending 10 billion of your money to do inorder to make a profit ..... that turns heads of the people .... purchase alternative energy sources , while the population is still less than a dollar / share afew years and see a big change .... GRGR.PK on the NYSE , APV.TO , SBX.V TMG.V and TSX .. just to name AFEW . check them out ...... and as the person above me said ... Fair Trade .. but do some research first ... trade .. and then view and stick with it ...
Answer6CantisAnswered at 2012-08-28 08:52:15
The best way to learn to trade is trade. Just start small.This will focus your mind and keep it interesting. MedlinePlus Probably going to do just fine if you just stick a pin in the list of quoted shares .
Answer7nooneAnswered at 2012-09-02 22:36:02
First, decide what your goal : the long-term investment or are looking for short -term returns ? Then decide what you are willing to risk markets have been crazy this year , so it should be borne in mind that during the ups and downs of the markets. MedlinePlus MedlinePlus Research companies that interest - small start-ups as bioengineering companies may be priced low , but there is a greater risk that can win or lose much. Blue Chip stocks , like GE , have a higher share price , but there is more stability . Look for companies that will grow and have a low price to earnings . MedlinePlus MedlinePlus When you enter your transactions , use limit orders instead of market that may help bolster prices. MedlinePlus MedlinePlus Have fun !
Answer8tegan leighAnswered at 2012-10-20 13:13:23
The best way to start trading stocks online is that you do not change at all, at first. I am assuming you are new to the market, have no action from now or do, but it is not directly controlled by you. What I did when I just read for weeks about the basics of ordering, the many different types of orders and how to use, how to read and interpret all the information these online brokers you provide. While you are doing this initial STUDY, try a fantasy market, as wallstreetsurvivor.com (or something), just to get used to place orders, and see the actual results of their trade. Then, as you are comfortable, start doing some serious research on the market, as they are doing well the industries, companies in these industries, which are consistently meeting / beating its revenue, generating cash flow. Since you're new, you probably will not want to invest too much (which is relative) at first, and look for a lower risk, long-term positions. Many peolple get all excited about how much money I could make, get hot leads, hear good news about a company, not experienced enough to interpret it, buy it, and wonder why a couple of weeks later the stock has been reduced by 20%. MedlinePlus MedlinePlus After I did all my research, I began to make short-term investments, making little overall benefit, but I soon realized that the best investment for me was to find companies that were stable with good profits, which used the analysis technician to find a good time to buy. I'm up 20% in the combination of three shares they own today in just 3 months, and I only just started 4.5 months ago. MedlinePlus MedlinePlus Just remember, you have a lifetime to make money, but it only takes one bad / hasty losing trade. Small Steps. MedlinePlus MedlinePlus PS-stay away from small cap companies (generally less than $ 5 per share) aka penny stocks because they are a safe way for beginners to lose money fast.
Answer9joetraderAnswered at 2022-01-20 12:57:50

I'm confused... why would you or anybody open a trading account without even knowing how to trade stocks; this "getting ready " guide might be helpful.

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