Does anyone do online stock trading? If so, how do you go about doing that? I'm kinda interested in doing it but can't find any suitable instructions on how to go about it.
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Club Mofo's Paint Curator and Canadian Ambassador to OT
Meh, I've been thinking about doing this for awhile. It appears that for most of these places I have to have like $2,000 online before I can start, so I'll probably need to hold off for awhile.
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Club Mofo's Paint Curator and Canadian Ambassador to OT
Meh, I've been thinking about doing this for awhile. It appears that for most of these places I have to have like $2,000 online before I can start, so I'll probably need to hold off for awhile.
Some are 1000, some are 500, some are more.. some charge 7 bucks per trade, some charge 12.. i did it when i was 19.. i invested in Amazon.. right before Christmas.. i figured.. they're gonna go boom.. and blow up.. but the stock started at 28 and went down to 18.
before you start to investing, i would either research a lot of the places you are goin t be lookin at, or go to an investment firm... its not the easiest thing to do if you have no knowledge of the market and you can loose some money... look at companies like smith barney, met life, waddell and reed, and fidelity, etc.... they might be able to help you out, you will do better goin through a company than tradin yourself..
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Originally Posted by hendrix
I can't wait until Hurrican Jamal sweeps up the east coast and steals the wheels and stero out of your car
Last edited by psuLemon : Mar 9th, 2005 at 06:54 PM.
I am actually able to do it with my Bank One account. Lets me trade online with the type of accounts I have. Kinda nice.
oh, im not sayin that you can't do trading yourself, but if you do, you better know some stuff bout the stocks.... thats why i say if you dont know the stocks, go to someone else and get professional advice
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Quote:
Originally Posted by hendrix
I can't wait until Hurrican Jamal sweeps up the east coast and steals the wheels and stero out of your car
why would you want to invest under $2k? There is no return. If your stock goes up 100% you only make $2k. But that is unrealistic. It will cost more per trade than you will make in return.
why would you want to invest under $2k? There is no return. If your stock goes up 100% you only make $2k. But that is unrealistic. It will cost more per trade than you will make in return.
Seth
Because I like to get a feel for things before pouring money into them. At this point I'm not concerned about being rich.
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Club Mofo's Paint Curator and Canadian Ambassador to OT
why would you want to invest under $2k? There is no return. If your stock goes up 100% you only make $2k. But that is unrealistic. It will cost more per trade than you will make in return.
Seth
This guy is wrong.. don't listen to him. He's talkin about like.. CDs or some low-interest type of investment that produces low returns. Only large amounts of dollars would produce a decent returns with those types of investments.
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