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Buying Stocks Online - Need Advise

Discussion in 'Business & Tax Advice' started by LukaB, Apr 20, 2011.

  1. LukaB

    LukaB Jr. VIP Jr. VIP Premium Member

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    Hey,
    I would like to buy stocks online, can anyone in this business recommend me any good website that I can use?


    Thanks
     
  2. fred7

    fred7 Regular Member

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    Interactivebroker is good and it offers low commision
     
  3. sarger604

    sarger604 Regular Member

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    2nd IB. Very good short inventory too. Depending on how much money you are playing with you can usually deal with your local brokers on commission fees.
     
  4. tony23

    tony23 Regular Member

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    IB brokers now do CFDs, if u r up for it.
     
  5. LukaB

    LukaB Jr. VIP Jr. VIP Premium Member

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    I'll go with IB brokers I guess!

    Thanks for support
     
  6. milton

    milton Regular Member

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    If you're just starting off don't use Interactive Brokers. They're good if you're doing alot of volume or trades her day. I suspect you won't be daytrading (you need $25,000 in a brokerage account if you're an American by law),

    Consider ETrade, Zecco and other reputable brokerage accounts. Being a seasoned stock investor I can tell you that stocks are very risky. The market tanked in 2008 and killed off many companies. Some haven't regained their pre-2008 prices. Mutual funds are pretty safe though.
     
  7. NoirHat

    NoirHat Regular Member

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    or go with Oanda and trade currencies/metals/etc..

    teeny spreads, no commission, deposit any amount, trade any amount
     
  8. allblueskys

    allblueskys Junior Member

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    I like TradeKing personally.The only other platform I have used is sharebuilder but thats really only good for DRIPS
     
  9. sarger604

    sarger604 Regular Member

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    would definitely agree with this. There is a lot of money to be made but it can be gone just like that like in 2008 or in 2011 with the china small caps

     
  10. tony23

    tony23 Regular Member

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    Dude, that is when money is made, I bought banks when the banks collapsed, I bought BP when the Gulf was covered in oil, these are the opportunities.

    If you can afford to play, its a fun game.:D
     
  11. donduck

    donduck Junior Member

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    etrade.com
     
  12. sarger604

    sarger604 Regular Member

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    its easy to say that if you werent holding any banks when they collapsed, or not holding any BP when the gulf was covered in oil.
     
  13. tony23

    tony23 Regular Member

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    Yeah, you are missing the point, you have a CASH pool and buy bargains then sell when they recover for CASH to add to the pool.

    Buy cheap sell high, hold stocks as little time as possible.
     
  14. LukaB

    LukaB Jr. VIP Jr. VIP Premium Member

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    Would like to buy small % of companies but for little cash first.
     
  15. rezin

    rezin Newbie

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    Thats the point of buying stocks ;)
    My hint: Palladium is cheap atm, but it will increase dramatically during the next 2 years, because it is used to build catalyzers. As long as the big european car producers like Audi, BMW, Mercedes keep on expanding in Asia palladium is a needed resource. But as investor in Palladium beware of electric cars.
     
  16. efwebs

    efwebs Regular Member

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    I use TDAmeritrade and have never had any problems. Trades are like $10. I think the whole thing is convenient (integrated with my bank account, they pay interest on cash balances, easy tax docs), but I haven't used other services so I can't compare.

    I lost about half my money between 2005-2009, but have made it back and then some since then. I stopped chasing long shot odds. Stick to big companies that dominate their industry like amazon, google, apple, netflix, etc, or companies with high dividends.

    Metals like gold and silver are big right now too. You can invest in these easily (GLD and SLV) and get out if the market changes...but for now they should continue to be good places to invest in. They will go up as long as inflation is a hot topic, and it will be for awhile.
     
    Last edited: Apr 25, 2011
  17. ska8r411

    ska8r411 Registered Member

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    I use Etrade which I freakin love.
    Commission is only 9.99.

    The charts and all the interaction is great also.
     
  18. aporellos

    aporellos Registered Member

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    If you are new in the stock market, maybe a good advise is to start playing with a little money (no more than 5-10% from your assets). Futures , warrants and staff like that could be to dangerous to operate with if you donĀ“t have previous experience. So stay away from all that at beginning.

    If the global trend is bullish then go into, If the trend is bearish then keep your money away from the market because the only posibility to make money in a bearish market is mainly by operating with derivatives.


    As gurus say "trend is your friend"

    good luck! ;)
     
  19. davids355

    davids355 Jr. VIP Jr. VIP Premium Member

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    The share centre is supposed to be good.
     
  20. Ninja250

    Ninja250 Regular Member

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    Dont trade stocks .. Trade Forex!!