Stock Markets Exposed

What is the best way to Buy and Trade stock on the internet?

Thinking about getting into stock trading, wanted to know whats a good site to go through? What are the costs of useing the site? how does it work? Need some expert advice! thanks a lot. Im looking to trade in the Bull market, want to buy and sell on weekly-monthly bases

Public Comments

  1. First off, you missed the bull market. This is something a lot more volatile, and its a lot harder to make money if you don't know which direction the market is moving. That said, pick a discount broker with low commissions, and be sure to look at other fees (i.e. maintenance fees or inactivity fees). If you trade often, you may commission yourself to death, but if you don't trade enough some sites will charge large maintenance fees. My best advice is look before you leap--read a bit about trading, and take it slow. Entering a market like this without a clue will likely result in your losing everything you put in.
  2. As it is YOUR money at risk, YOU are going to have to do some research! The information you require is readily available, it is now up to YOU to find and study it!
  3. I have been using Sharebuilder and eTrade. Both are great but eTrade gives you your first 100 trades free. I didn't really shop around before signing up for their services because I wanted to purchase a certain stock as quickly as possible but here is a free directory of trade sites: http://www.GoldenAgeTraders.com/ You should choose the site you use based on the cost per trade if you are going to trade frequently. Fees can quickly eat up any profit you are making if you are only investing a few thousand dollars to start. If you are investing tens of thousands i wouldn't worry about the fees I would be more concerned with the investing tools offered by the trade site. Good Luck.
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