What a new trader needs to know about online trading


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What a new trader needs to know about online trading

  1. 1. What A New Trader Needs To Know About Online Trading? http://www.EasyStockTradingSecrets.com
  2. 2. Online trading is getting more and more popular. It is also one of the best means to work full-time at home or part-time to make some quick passive income without affecting your nine to five job. Do you like to know how you can trade online efficiently? If you say yes, then I would like to share you what you need to know how to engage a good broker for online trading. http://www.EasyStockTradingSecrets.com
  3. 3. First of all, you must know that many online brokers have a fixed or almost fixed commission schedule. You pay only a fixed broker fees no matter how big the order you buy or sell. On the other hand, different trading companies may have fees for diverse types of stocks. Some brokers charge more for penny stocks and any related investments. To this reason, it is a good advice that before selecting which trading firm you go in, you should know what types of stock trading you want to do. http://www.EasyStockTradingSecrets.com
  4. 4. There are some brokerage firms give you a lot of tools and research that would be good for you if you are a long-term investor. If you do only day trade, these tools may not be useful. As a long-term trader, you can use stock screeners, you can research reports, you can use other tools to help you to assess the long-term growth potential for stocks. While, if you are only a short-term trader or day trader, you are more concern about market's depth, charts and real-time quote. In most cases, you get what are paying for and will invariably pay more to equip with the tools for investment, no matter you are a short-term trader or long-term investor. http://www.EasyStockTradingSecrets.com
  5. 5. In some cases, there may also be other fees to be charged besides the normal trading commission. Some brokerage firms may charge monthly or quarterly fees for not active. Some may charge for transferring accounts to another firm or taking cash from the account. http://www.EasyStockTradingSecrets.com
  6. 6. You should know some of the definations and bear in mind that the informations will be different for all brokerage firms: http://www.EasyStockTradingSecrets.com
  7. 7. Price Type : Upon placing a trade, your order would be entered as price type. You can find two basic types. They are Market Order and Limit Order. At times, the terms order type and any other terms might be used instead of price type. http://www.EasyStockTradingSecrets.com
  8. 8. Market Order : A market order can be bought or sold stocks for the next available price regardless of the situation. Although this is the simplest order type, it may not be always suitable for all stock trades. You might not want to put a market order on stocks below one dollar or those stocks that do not trade a lot. If you do this, you could find yourself that you may not be able to sell stocks for a higher price, or you may buy at a higher price than what you want. http://www.EasyStockTradingSecrets.com
  9. 9. Discover The Profit-Pulling Wall Street Trading Secrets They Don't Want You To Know About... ==> http://EasyStockTradingSecrets.com Grab Your FREE “Developing A Trading System” Report Now! ==> http://EasyStockTradingSecrets.com