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Make Online Money Trading Stocks At Home

Trading Stocks .Day trading is speculation in securities, specifically buying and selling financial instruments within the same trading day.
A stock trader or equity trader or share trader is a person or company involved in trading equity securities.

Investing in the stock market can be a great way to have your money make money, particularly in today’s economic climate where savings accounts and long-term bank notes do not offer significant returns. Stock trading is not a risk-free activity, and some losses are inevitable.

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Discover : How Do You Choose the Best Forex Broker?

Here How To get started Make Online Money Trading Stocks At Home

1. Open a stock broker account

Find a good online stock broker and open an account. Become familiarized with the layout and to take advantage of the free trading tools and research offered to clients only. Some brokers offer virtual trading which is beneficial because you can trade with play money. A great tool for comparing online brokers can be found at StockBrokers.com.

2. Read books

Books provide a wealth of information and are inexpensive compared to the costs of classes, seminars, and educational DVDs sold across the web.

3. Read articles

Articles are a fantastic resource for education. Recommended websites for investment education are investopedia.com and of course Google search.

4. Find a mentor

A mentor could be a family member, a friend, a past or current professor, co-worker, or any individual that has a fundamental understanding of the stock market. A good mentor is willing to answer questions, provide help, recommend useful resources, and keep spirits up when the market gets tough. All successful investors of the past and present have had mentors during their early days.

5. Study the greats

Learning about the greatest investors of years past will provide perspective, inspiration, and appreciation for the game which is the stock market. Greats include Warren Buffett, Jesse Livermore, George Soros, Benjamin Graham, Peter Lynch, John Templeton and Paul Tudor Jones, among others.

6. Read and follow the market

News sites such as Yahoo Finance and Google Finance serve as a great resource for new investors. For in depth coverage, look no further than the Wall Street Journal and Bloomberg.

7. Consider paid subscriptions

Paying for research and analysis can be both educational and useful. Some investors may find watching or observing market professionals to be more beneficial than trying to apply newly learned lessons themselves. There are a slew of paid subscription sites available across the web, the key is in finding the right ones for you.

8. Go to seminars, take classes

Seminars can provide valuable insight into the overall market and specific investment types. Most seminars will focus on one specific aspect of the market and how the speaker has found success utilizing their own strategies over the years. Examples include Dan Zanger and Mark Minervini.

9. Buy your first stock or practice trading through a simulator

With your online broker account setup, the best way to get started it to simply take the plunge and make your first trade. Don’t be afraid to start small, even 1, 10, or 20 shares will serve its purpose of getting you in the game.

10. Passive Index and follow Warren Buffett

For the majority, trading will be losing proposition. Warren Buffett, the greatest investor of all-time, recommends individual investors simply passive index instead of trying to beat the market trading on their own.

What are the best trading sites for beginners?

Here 5 Top Online Stock Brokers

1. TD Ameritrade

TD Ameritrade was ranked #1 Online Broker 2017 by StockBrokers.com* with its $6.95 stock trades. Its platforms (thinkorswim was #1 desktop platform), tools, mobile apps (#1 for mobile trading), research (top 5 finisher), customer service (#1 for phone support), and education (#1) are all award winning.

2. Fidelity

Fidelity is best known for its value driven customer experience. Regular stock trades are just $4.95 each and Fidelity was rated #1 for order execution quality, which drives down trading costs even further. Beyond cost and ease of use, Fidelity also finished #1 for research tools. It’s Viewpoint articles are top of class and Fidelity is the only broker to offer 12 third-party research reports for individual equities.

3. E*TRADE

E*TRADE shines for its OptionsHouse platform for options trading alongside its mobile apps. OptionsHouse has been rated the #1 platform for Options Trading the past six years. E*TRADE was also rated 4.5 stars for Mobile Trading in the StockBrokers.com 2017 Review*. Like TD Ameritrade, E*TRADE charges $6.95 per trade but offers a reduced rate of $4.95 (options $4.95 + $.50 per contract) when placing at least 30 trades per quarter.

4. Merrill Edge

Merrill Edge is the online broker of Bank of America and is available to all investors, regardless if they are a current BofA customer. Like TD Ameritrade and ETRADE, Merrill Edge is well-rounded; however, it has a huge advantage over all other brokers thanks to its Preferred Rewards program where customers can earn free trades, credit cards bonus cash back, priority customer service, and more. I have personally been using the program since it launched.

5. Ally Invest

Ally Invest offers investors $4.95 stock trades, quality customer service, and full banking services through Ally. TradeKing was acquired by Ally Financial in 2016 and continues to enhance its offering with tools like Ally Invest LIVE, the broker’s mobile friendly trading platform.

As a beginner investor, it’s easy to get overwhelmed by the stock market.
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