| The Internet has definitely made life and making | | | | * Select the order type |
| money easier and faster. Nowadays, you can buy | | | | * Enter your limit price |
| and sell stocks of any publicly-traded company you | | | | * Choose the duration of the trade - either end |
| want to invest in, whether it is a blue-chip | | | | today or valid until cancelled |
| organization or a recent IPO. Doing so is so easy to | | | | * Review your order and then execute the purchase |
| do that you will ask yourself why you did not think | | | | Now, that was easy on its face value. However, you |
| of it sooner! | | | | must remember that you are trying to buy stocks |
| Open an Online Account | | | | for cheap (i.e. low) and sell them at a higher price for |
| The first step in trading stocks online is, of course, to | | | | a profit. |
| open an account with an online stock brokerage site. | | | | Tips on Trading |
| If you are just starting out, it is wise to go for the | | | | While we are on topic, you will do well to remember |
| big names in the industry for the simple reason that | | | | a few tips from successful stock traders. First, |
| you are assured of the wide breadth and depth of | | | | always have an entry and exit strategy. If your plan |
| experience from the stock brokers handling your | | | | is to profit from a certain stock for a thousand |
| investments. You can also look for additional services | | | | dollars, then sell it as soon as your expected profit |
| that will make tracking your investments and making | | | | reaches that point. If you can only handle a $100 loss, |
| wiser decisions easier. You may ask for a full-service | | | | then cut your losses at this point. Second, always |
| online broker that will provide for personalized | | | | rely on your informed judgment based on technical |
| attention in the form of face-to-face meetings and | | | | and trend analysis, never on your emotions and on |
| phone conversations. And if the site has a physical | | | | hot tips and insider information. More often than not, |
| location, then better for you, too. | | | | you will trade at a loss if you do succumb to |
| Using Your Account | | | | emotions and unverified information. Third, always go |
| Once you have opened your account, you can start | | | | with the trend. However, you should not waste time |
| trading with it. The steps are relatively simple, too, | | | | on analyzing why a trend goes a certain way, |
| when broken down as follows: | | | | whether it is to your favor or not. The market will |
| * Enter the ticker symbol of the stock you want to | | | | move up or down and it is not for you to question |
| trade in | | | | why - yours is to make your move based on how |
| * Click on the "Buy Stock" icon | | | | you interpret said movement will affect your |
| * Enter the number of share you want to purchase | | | | investments. |
| * Determine your option in the "All or None" portion | | | | |