Sunday, January 9, 2011

How To Trade Stocks

Welcome to how to trade stocks. I setup this website to help stock traders buy stocks without getting ripped off!
As a fairly new stock trader myself, it soon became very apparent that there were so many people very eager to take my money.
From stock brokers right through to people trying to sell me training courses and trading strategies and systems.

Honest Reviews

We also offer honest reviews on the stock trading courses out there. honest stock broker reviewsIf they are crap, we tell you rather than writing a bias review just to gain a few bucks commission!
We can help you find the right stock broker for your trading needs. The best stock broker for you can be completely dependant on your trading style. We aim to provide impartial reviews on these.
For many traders a discount stock broker is most suitable. A few of these offer trades for less than $5. However, some claim to be cheap but have hidden charges you may only discover after you have signed up and funded your account.
These kind of fees really annoy me, so I have spoken to many brokers over the phone and live person to find out all their fees. I have included my findings in the online stock broker reviews section of the site.
The amount of money you give to your stock broker when you purchase stocks can have a massive effect on your trading results. You definitely want to be spending as little as possible on brokerage commissions whilst still ensuring you are getting an acceptable level of service.

Your Stock Trading System

As well finding a broker that gives you cheap stock trades, you need to use a good trading system. No system is perfect and wins all of the time, but a good strategy will consistently make you a profit in the long term.
When buying stocks, it is always imperative to be realistic and take a long term view. You are highly unlikely to get rich over night trading the stock market, but have you have a great chance of being successful in the long term.

One final note

Before you start reading my stock trading site or begin trading, I just feel it's very important to mention that I strongly recommend that you only buy stocks with money you can comfortably afford to lose. This is not to say you will lose money, but it's better safe than sorry, right?

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