Thursday, February 2nd, 2017

Im about to start my online stock trading and need some help?

I want to start trading stocks in l? Line, but i am confused if I have to pay a m? Minimum or I s? Can pay the amount required to open an account, such as $ 9. 99, for later? S do what I want money? can someone explain or clarify my confusion? n?

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7 Responses to “Im about to start my online stock trading and need some help?”
  1. mentor2007 says:

    It is great that you want to take your future into your own hands.
    I started with forex back in 2005 and it has been a wild ride. But
    at the end I am happy.

    First thing is education. You have to invest in educating yourself
    first. It will save you time and money. If you don’t pay the price in
    educating yourself, you will pay the price by the losses you incure.(out of experience).
    This is not to discourage you, but to help you avoid the mistakes
    that most who venture into trading make. I made a lot of mistakes.

    Pick up a copy of: “Tools and Tactics For The Master Day Trader” by Oliver Valez.

    Point 2. After your initial education, you want to find a mentor. Someone who is
    trading for a living. There are those who invest for the long term. But day trading
    you will need a successful trader to help you succeed. Why? Trading stocks on
    a daily basis is 85 to 90% psychological, that is why 95% of those who get started
    get lost and loose their shirts. But to become part of the 5% who eventually become
    successful, you will need a successful mentor. Otherwise, you will loose all your
    money.

    Point 3. Trading is very lucrative and wealth is achievable for the well-prepared day
    trader… and so elusive to the ill prepared. So you have to arm yourself- both psychologically
    and intellectually to face the unlimited challenges of trading.

    I hope this help you the prepare well before you get started. I personally trade the forex
    markets not stocks. But reading day trading books on stocks has helped me a lot.

    It is only education that will give you the edge. But in trading you will also loose money,
    but your winnings will become better, if you are well prepared.

  2. Common Sense says:

    If you don’t take six months to a year to learn the basics of stock trading….. you’ll get the results you deserve. Suggestion: don’t open an a broker account until you understand what you’re doing and what order types and tools you’ll need.

  3. Erin says:

    I agree with Common Sense. I would advise you to start trading with fake money on virtualstockexchange.com. you really can learn a lot just by watching patterns of certain stocks. better to make your mistakes when you’re not playing with real money.

    good luck

  4. Scorpio says:

    you pay just the required amount…$9.99/ tdameritrade.com is who i use and this is what they charge.
    example..deposit $500.00 there is still $500 in account.
    buy $500.00 worth of stock and it will cost you $509.99
    $1000.00 worth of stock will cost you $1009.99
    i hope this helps you.

    there is a free link on my about me page loaded with tons of info…i use it all the time.

  5. Chad302 says:

    New investors should avoid trading “individual” stocks at all costs. It is very difficult trade “individual” stocks, and if you have no understanding of the markets large institutionalized investors will have a field day taking your money right out from under you.

    To be honest you should start with a quality mutual fund from a company like Vanguard, and learn how the markets work in a less-risky safer manner.

  6. jak4friends says:

    i dont know about any other market but if you are interested in investing in indian stocks then we give calls in nse and bse calls . our site address is http://sites.google.com/site/nsebsecalls/home/track-record-1 .we give quality calls . you can see our track record on our site.

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