2006-09-29 20:01:02 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
There are a lot of good brokererages depending on what you like and how you trade. Just visit their online site, fill out a little paperwork and send in your check!
Barron's has a good article on brokerages that they publish each year.
For basic stuff, E*Trade, Ameritrade, and Scotttrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers.
Brokerages like Fidelity are horrible for anyone with any decent experience.
Anyways, if you have any questions, let me know.
Hope that helps!
2006-09-29 20:06:39 · answer #1 · answered by Yada Yada Yada 7 · 2⤊ 0⤋
www.investopedia.com
learn first, its not smart just to pick stocks and ride them hoping to make money, well its virtually impossible. trading is the best hobby i have ever gotten myself into, but if you waist your money right now before you know what your doing, you will lose it, nothing wrong w/ learning from your mistakes, but if your not even able to realize your mistakes then you cannot learn from them.
study everything on that website, read a couple books. the best book for a begginner trader, well my favorite anyways, is rule the freakin markets , read that its great, if your gonna start trading half heartedly then you might as well just pay someone else to risk your money.
once you do figure out what your doing try opening up a fantasy stock market account, you can find free ones, and once you feel like your really getting good at technical analysis you might even try a demo account at www.fxcm.com . thats the currency market but I think its a good way to learn your technicals and practice with them.
study technicals all the time learn your support and resistence
fib lines, trendlines, pivot points, moving averages, chart patterns, indicators, and so on. Once you see technicals come in to play its like magic.
once your ready to trade-
www.interactivebrokers.com - my favorite broker, cheapes rates
www.swingracker.com - a charting package, very cheap
www.investors.com - investors business daily, a must have
good luck w/ your tradin
2006-09-30 11:05:54 · answer #2 · answered by john g 2 · 0⤊ 0⤋
You need to open an on-line trading account with one of the good brokerages. Alongwith the trading account, you will need a demat account and a savings accounts - all three linked together.
If you are in India, you can try the on-line trading services offered by ICICI, HDFC Bank, Indiabulls, ILFS Investsmart. Visit their sites (or better one of their branches).
http://content.icicidirect.com/home.asp
2006-10-01 01:17:38 · answer #3 · answered by AKTion 2 · 0⤊ 0⤋
I found some good info here.
2006-09-30 03:17:20 · answer #4 · answered by Anonymous · 0⤊ 0⤋
your kidding right
2006-09-30 03:02:42 · answer #5 · answered by likeitis 3 · 0⤊ 2⤋