Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What is a stock trade?
It's such a basic question, but what is a stock trade?
For example, E-Trade charges a commission per trade, but I don't know what that is. If I bought one share from one company, two shares from a different company, and 20 shares from a third company, how many trades is that?
Then, if I sold them later that day (hypothetically-speaking), how many trades is that?
If E-Trade charges $9.99 per trade, how much would they charge me that day?
5 Answers
- Anonymous1 decade ago
A stock trade is where you buy some shares of a listed company. It doesn't matter how many shares you buy but it has to be in the one company. Also, you'll find Zecco is very good as a discount broker (10 free trades a month).
Also, if you buy 20 shares of Microsoft and then sold those 20 shares the next day and the broker charged $10 per trade, you would have payed $20, i.e. you are charged when you buy and then when you sell.
Hope I helped.
- Shaun RLv 41 decade ago
Every transaction you make counts as a trade.
If you buy 1 share of 1 company that is 1 trade.
If you buy 2 shares of another company that is 1 trade
If you buy 20 shares of another company that is 1 trade.
That gives you 3 trades. If you sell them that is another 3 trades.
The amount they charge you is automatically deducted from your account when you place a trade.
Source(s): http://www.stocks-simplified.com/ - 1 decade ago
A stock buy or sale is a trade, no matter how many or quantity of shares are traded. your example has 6 trades which will cost you $60.
- How do you think about the answers? You can sign in to vote the answer.
- pagodaboy2001Lv 51 decade ago
each purchase counts as a trade regardless of the number of shares. In your example you have three trades then each time you make a sell that is considered a trade.