What does mean online share trading? How to do that?
Hi all,
What does people do in online share trading? How to do that? Which is the best one? How the benefit would be? Can we keep atleast our investing money? How to track online trading among different varities on that? Please give answers perfectly so that it would be helpful for me to invest something on this instead of having money juts in savings account simply. (or) any other suggestions are much appreciated if it is so risky to invest money and get good value on that?
Public Comments
1. It is buying and selling stock shares from the brokers company web site instead of through a broker in person .
Study yahoo finance with real time prices and the education section under the investing tab .
http://finance.yahoo.com/
good studying luck
FYI: regarding keeping investing money , IF you buy a stock that Declines in value , you LOOSE your money ,
There are No guarantees with trading , whether through a broker or online .
For example , look at all the people who had shares in General Motors and have LOST Millions of $$$$$$$$$$$$ .
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2. http://www.investopedia.com/terms/o/onlinetrading.asp
http://www.investopedia.com/university/broker/broker1.asp
I prefer Scottrade.
http://www.scottrade.com/online_broker_comparison/discount_brokerage_comparison.asp
With stock trading you can make a profit OR lose money. How much you profit or lose depends on how good you are at picking stocks and the timing of your stock buying and selling.
3. ..you need to open an online trading account in order to trade online.. for a beginner, Personally, I think sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.
Referral code: 453934