How can I buy/sell stocks?
 

Anyone know how to buy or sell stocks at up-to-the-minute rates?
Preferably online..

Ive always wanted to get into the stock market game but I dont even know how to buy em :1orglaugh.. and i dont trust the shit on google (im probably going to get ripped off)

Etrade.com maybe?

I use Ameritrade.com.

how much does it cost to trade on those? how are charges determined?
and.. how current are the stock values when you buy em?

and can canadians use it?

if you're in canada I highly recommend questrade.com....most every other broker in this country is overpriced, slow on fills and just plain shitty especially for day trading.

Make sure you get a direct access broker.....interactivebrokers.ca and disnatdirect.com are the only other two that I know in canada that i read good things about but I use questrade so that's what i would recommend

hope it helps.

If you are new, which you are, you should open an account somewhere with a low minimum opening balance such as scottrade.com you only need $500 to open an account there.

Regards,

Lee

thanks :)
do you use QuestTradeFX?

It's usually around $10 per trade, no matter how many shares you buy... $10 to buy, then later on when you want to sell, $10 to sell....

Interesting thread - I've been thinking about this for a while, ofcourse you could use financial trade people, but I want to do it myself. It's hard to figure out where to begin though.

http://www.interactivebrokers.ca more geared towards intermediate and advanced traders, but, some of the best starting commsion rates you can find anywhere.

The best I've ever used is www.scottrade.com :thumbsup

that's for forex trading, i don't do that, just stocks.

etrade is what to use

good info :)

i've been using charles schwab for years now, no problems

sharebuilder isnt bad

Ameritrade - as long as you don't trade on margin.

Scottrade if you need a margin account.

better if you dont trade and i dont mean it in a bad way

I use scottrade.com and am very happy with them.

If you ever want to do forex trading, I recommend fxcm.com. Otherwise, my bank manager buy/sell my stocks for me :thumbsup

gotta start somewhere

thanks guys :)

etrade.ca for trading
alphatrade.com to watch level 2

good luck

whats level 2

big $$ to be made in the markets... I play myself, use Ameritrade

Use www.choicetrade.com you can always get a live person on the phone un like many of the bigger brokers. Also no min amount to open an account.

Top it off with trades only cost $5 no other hidden fees. Then just use E-Trax for the real time L2's http://www.alphatrade.com/products.php

Just buy an index fund, you'll never beat the market.

what are level 2s?

Basicly, the stock market is a big auction. A "Level 1 quote" on Nasdaq stocks shows you two prices: the most anyone's willing to pay right now (called the bid price) and the least anyone's willing to sell for right now (called the ask or offer price). A "Level 2 quote" will also show you everyone who's got an open buy or sell order at the moment and at what price. It shows the highest bidder, then next highest, then next highest, etc. And it shows the lowest seller, then next lowest, etc.

It is NOT something a beginner needs. If you want to know more, there's a book about using an online broker at lulu.com/content/150253 - yes I know the author.

If I just wanted to buy 10k shares of something, sell it a day later, which site would be best for me?

bumpie (8)

i toled u already, etrade.ca

why ask so many times ?

try to get someone on the phone with etrade.. :1orglaugh

use live help?

usually 10 min or so when they answer, no big deal if u got speaker phone...

does anyone know why stock prices change significantly between the time they are closed on one day, and reopen the next? i thought trading cant occur during that time

Not to be an ass, but if you have to ask, it's probably not a good idea to get into it.

Some major news ie. earnings reports come after hours. NASDAQ for example can be traded for a few hours immediately after regular trading hours.

Educate yourself before opening a brokerage account. There truly is a lot to learn.

sharebuilder.com

thanks :)
anyone know of good online resources?