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Question About Online Stock Trading

Online stock trading?

Hi,
A stock market or equity market is a public network of economic transactions for the trading of stocks and shares of various companies and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.
There are various online stock trading companies that work online, provide current day transactions and can provide with all stock trading details. These are easily available online, but some work fraud, so try to find the most authentic online trading site.
Below are some online trading companies searched on internet:
1. Options Xpress
2. Options House
3. Trade King
4. Scottrade
5. Fidelity
6. E*Trade Financial
7. Firstrade
8. ShareBuilder
9. Charles Schwab
10. TD Ameritrade

How does Online Stock Trading Work?

"Does a stock broker pick the stock for me, or do I have full control?"

No... a stock broker doesn't pick the stock for you unless you hire one to do so for you. So yes for the most part you have full control.

"When I buy or sell a stock, does the transaction happen immediately?"

The online stock trading process is almost completely digitalized. Using ECNs, Electronic Communication Networks, online stock trading is almost all done with computers these days. An investor selects a stock and quantity for purchase using an online stock broker. The sale is then communicated via the ECNs looking for a seller’s stock offer to match. Once located the sale is made, the funds applied and deducted from the buyers online account, and the transaction is done. Ownership confirmation of stocks is maintained with the online stock brokerage firm, and the accounts owned by the investors held there.

In most cases it's an instant transaction.

"If I short sell stock, would that happen immediately as well?"

This works the same as mentioned above. Basically it's instant depending on high volume trading.

"And do I have to pay any extra fees?"

This depends on the online broker you choose. Be sure that you understand the terms and conditions of the brokerage firm that you choose

Hope I was of some service to you

Congratulations on Your New Endeavor and Good Luck!

Best Online Stock trading website?

Scottrade is good for more experienced traders.
I'd suggest Schwab or Fidelity Brokerage.

Read a couple of books before starting.

Be aware of typical mistakes "newbies" make;
Taking "tips" from;
Friends
Relatives
TV
Radio
Newspapers
Magazines
etc.

More mistakes;
Buy "penny Stocks" (major mistake of new investors)!!!!!
buy on hunches
Thinking they have to "hit it big" to be successful.
Having a "gambling" mentality.
Not being realistic. Going by a "gut" feeling.
Acting on: Fear or Greed
Indecision

Knowledge is you number one tool. Gain it before you do anything.

Things you need to do;
Have an "asset allocation model".
Have an exit strategy before you make any trade.
Never get into a trade unless you fully understand it.

Good luck!

Best online stock broker for day trading?

I've been doing a lot of research and I think I'm ready to begin day trading. What is the best online stock broker for day trading? I'd be making a ton of transactions and would need minimal to no processing times for my orders. Can anybody help?

Thanks.

How much does it cost to make a stock trade online?

The 9.95 is per trade. That means if you buy 100 shares you pay 9.95. If you buy 10 shares you pay 9.95. If you buy 1000 shares you pay 9.95. It same fee applies if you sell those shares plus there is also a slight tax on sales, a few cents. So if your were to buy 100 shares and then a week later sell those 100 shares your total cost would be 19.90 plus a few cents tax.

Scottrade.com has a slightly lower commission structure of 6.00 per transaction.

Which software is the most economic for online stock trading?

There are several and you can get the names of you google your question. But remember you get what you pay for.

I do online stock trading and I am interested in buying and trading stocks online from other markets (US market mostly) other than the Philippines. What are some recommendations on online stock trading companies that are open to foreigners like me?

May be my reply is not about the topic...anyway!Have you guessed that before the starting of the account and the choice of exchange you need to observe to the essentials?I mean developing the competent excellence in performance of dealing, including the advancing of trading procedures!A very advanced one can produce his personal indicators or even trade robots!Anyway, all these bases on one basic thing that we all, without exception, have to use: on the trading platform!You are free to read the comments or use the most popular platforms on your own.I would offer to use them free of charge and test right here:http://getanyplatform.com

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