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I'm interested in online trading but need some pointers...?
Whats the easiest decently priced site and whats the best amount to start with say a $1000 i just wanna do a few trades every now and then. I dont wanna quit my night job yet though maybe if this takes off hehe. Thx for the answers.
4 Answers
- 1 decade agoFavorite Answer
Trading stocks? You pay for each trade. Then the stock can lose value. Or, it can go up. It's a matter of patience? Yet, if it goes up, when do you sell? It's an impossibly answerless game, as my thinking goes. Buy and hold - or try the Warren Buffet way - be a near-genius and develop your own models to evaluate companies. Then, be very respectable, modest and helpful to them when you buy tons of stock. Good luck.
- Anonymous1 decade ago
HI, Mutual Fund maybe a nice choice for you.
this is a 2-page introductory knowledge about Mutual Funds. it also includes something about how to invest mutual funds.
http://www.bernanke.cn/what-is-a-mutual-fund.html
wish it will help you. Good Luck!
- Anonymous1 decade ago
Scottrade.
- 1 decade ago
scottrade works for me. Best tip: buy low sell high. If I were you I'd go for blue chip stocks and look long term.
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