How do I start trading stocks online ? Is there any good online course for stock trading ?

Answer 1

The Basics of Online Stock Trading
Someone somewhere is making a fortune trading stocks. Why shouldn't we be that someone who is raking in the money? Today trading stocks couldn't be simpler. All you need is a little initiative; a little know how, a computer, and the Internet. It also helps if you have good nerves and lots of money. Good luck with that.

Many people enjoy the benefits of online stock trading. Thanks to the Internet, you can now trade stocks on your own without the assistance of a broker. The first step if you want to get into online trading is to understand the basics of how the process works.

Trading a stock basically means you are either buying or selling. You can trade as few or as many shares as you like. No matter what stocks or what volume you're trading, your goal is to buy low and sell high. In order to be successful in the online stock market world, you'll need to understand which stocks are good picks and which ones are not. You'll also need to understand when it pays to hold onto a stock, and when you should sell.

There are many factors that cause a stock's price to rise or fall. A company's earnings is probably the most prevalent factor when it comes to the value of their stock. All public companies are required by law to report their earnings once every quarter, which equals out to four times per year. These periods of time are commonly referred to as earnings seasons.

Luckily, there are lots of resources out there to educate you on how to choose good stocks. Some of them are free, and some of them are not. One such product that comes highly recommended is Online Trading for Financial Freedom (http://www.truetrend.com/?hop=0). This product can teach you how to trade like a pro, whether you're interested in short term or long term trading.

With this in mind, it helps to also understand trading durations. There are investors who purchase stocks to be held for years. This is known as long-term investing. Then, there are investors who hold on to stocks for days or weeks, then trade. This is commonly referred to as swing trading. And you've probably heard about day trading, the most volatile method of stock trading. Day trading involves trading large quantities of stocks throughout the course of one day. Fortunes have been made, and lost -- with day trading.

The best advice to anyone who wants to enter the world of online stock trading is research, research, research! By understanding as much as you can about the stock market, how it works, and how to make informed choices regarding your trades, you can be on your way to financial success.

Answer 2

I suggest you seriously educate yourself before throwing money at an online broker before you start trading. First you need to figure out if you want to be a trader or an investor. If you want to be a trader and are familiar on the subject of technical analysis, I strongly suggest you buy the book "Come into my Trading Room" by Dr. Elder... The book runs $50 or so, but is well worth it. If you aren't schooled in technical analysis, there are plenty of books to read on that subject. Until you learn how to read charts and indicators, you are much better off investing. Look at companies that are considered "safe" stocks, such as stocks that pay good dividends, are well established, etc. Also, pick up some books on learning the fundamentals of publicly traded companies.
As far as opening a brokerage account, I recommend Scottrade, but some people complain about the site freezing. I haven't had that problem personally, and the comissions are low. Also, if you want to paper trade before you jump into the market, go to www.zacks.com and click on the toolbar at the top of the website labeled simulator. You can set up a mock account with 100k, and trade it like it were your own account.

Answer 3

To Start Investing It takes a long time to learn the stock market and it would help if you read some books from your library and information online. Before you start investing in the market the first thing you need to decide is what risk level you want to take. CDs backed up by the government has about 3-4% annual return for the long term with a low risk. Bonds or Bonds Funds has about 5-7% annual return for the long term with a medium risk. Stocks or Stock Mutual Funds has about 8-10% annual return for the long term with a high risk and are more volatile than Bonds. A person could make more than 10% annual return with the right investment. Usually the more risk you take, the more return you will have, but not always. The stock market is basally made up of stocks and bonds. Investment managers pick a group of stocks to make a mutual fund or a group of bonds to make a bond fund. They even put a mixture of stocks and bonds together and call it a Growth & Income Fund. 1- MUTUAL FUNDS: Mutual funds have a group of stocks (could be around 100+) invested in different sectors, and manage by a professional. Managers have lots of schooling for investing in stocks, around 8 years. So I think managers can pick stocks better than I can. You can make a buy or sell order anytime of the day for mutual funds shares but it will not go in affect until the close of the day. There are lots of different kinds of mutual funds that does not charge any fees to buy it's shares and they are called Noload Funds. There are also some funds called Load Funds that charge about 5% of your investment. Most funds has trading restriction and you may not be able to trade more than 4 times a year. That's because it makes it hard for the fund to make a good return if there is to much trading in the fund, causing the fund manager to make more buys and sells and keep more cash on hand. Mutual funds are meant for long term investors. 2- STOCKS: Stocks is more volatile than funds unless you spread you money in several different areas and know witch area will do best. There are 10 stock sectors and over 100 sub-sectors to choose from. Stock trading restriction is only a few days, not like mutual funds. If you own stocks, you will need to keep up with all the company's business so you don't get stuck with a bad stock. That could take a lots of time. If a person buys just a few stocks he probably is hoping to make a bigger return but he may be taking more risk. If that's the case, look at the leverage ETFs that represents a group of stocks. That could be another choice. 3- ETFs (Exchange Traded Funds): ETFs are like a mutual fund but trades like a stock and that is the main differences between ETFs and stocks and mutual funds. There are some ETFs that represents Index's. An Index is like S&P or DOW. Index's operate just like a mutual fund with a group of stocks in deferent sectors, manage by professionals. You can't buy Index's because they are not for sell. A company owns them. But you can buy a mutual funds or an ETF that has the same stocks as the Index they represent. There are a lots of different kinds of ETFs for someone to choose from. Some have 1x leverage, some have 2x leverage for aggressive investors, and some has 3x leverage for more aggressive investors. There are some that represent almost every kind of sector. To buy stocks or funds, you need a broker account. You can open an account online and it is free. You can find several good brokers that charge $8.00 and under per stock trade and no fee on Noload Funds. Most broker websites have good research tools. Some popular broker websites are Fidelity, TD Ameritrade, E-trade, Scottrade and others. I think you need a min. of $500 (some sites $2,500) to open a broker account and need to be at lease 18 years old. If you not 18, you might could get your Dad to open an account for you.

Answer 4

Before trading online. You should get some experience without any real money at risk. That way you can try out differnent startegies.

I would suggest Jim Kramer's Sane Investing in an Insane World to get some pointers on doing your research and I would practice those skills in something called stocktrak.com. You can set up an account with $500,000 of imaginiary money to invest with. A two or three month membership costs about $30. That way you can mess up a couple times, learn some lessons and not lose all of your savings.

Answer 5

trading stocks online is easy. just open an account with schwab (good) or etrade (customer service needs improvement) or some other online broker.

as far as online courses - there's no magic solution to investing. it takes a lot of hard work, time and some luck. think of all the brilliant people out there looking to make money in the market. if it sounds too good or easy to be true, it probably is.

Answer 6

Ehm..
I've been trading the market for just a few months. My cousin actually told me about this website (http://pennystocks.toptips.org)and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.

For more info: http://pennystocks.toptips.org

Answer 7

I worked for brokers for many years. One of them said they buy things that are in their household. Look at your products. What companies do you purchase from? I personally buy a lot of proctor and gamble product, tide, dawn etc. If I had the wherewithal to invest that is where my funds would go.

Look at your furniture, your range, your fridge and buy solid companies that you buy stuff from. for example: Got a lot of girls in the house? Buy Kimberly Clark (Kotex), etc. You get the point?

Answer 8

Scottrade.

Answer 9

http://www.mmfsolutions.sg/services/blue-chip-stocks/