How To Trade Stocks Over The Internet

Table of contents:

How To Trade Stocks Over The Internet
How To Trade Stocks Over The Internet

Video: How To Trade Stocks Over The Internet

Video: How To Trade Stocks Over The Internet
Video: best stock strategy on the internet? 2024, April
Anonim

Many people picture the stock dealer as a man sitting in a black jacket with a headdress and piles of papers around him. However, with the rapid development of Internet technologies, students, housewives, and retirees can participate in the game on the stock market.

How to trade stocks over the Internet
How to trade stocks over the Internet

It is necessary

Computer, Internet access

Instructions

Step 1

In our country and in a number of others, there are brokers who are participants in stock exchanges (NASDAQ, MICEX, NYSE, RTS, etc.). They also have special Internet programs for trading on the market. How can an ordinary person do this? How can he independently trade via the Internet? This requires a number of important bureaucratic procedures. Sign the broker contract first. Agree with him about the commission. It is important to know that most of the brokers have a floating commission, which depends on the amount of purchases.

Step 2

Select stocks and their prices. Let your broker find the best solution. Keep in mind that the spread (the difference between the bid and ask price) is quite large. Therefore, it makes sense to still bargain with the seller so that he slightly reduces the price of securities.

Step 3

Buy shares at a pre-agreed price. Sign agreements to purchase them. Remember that contracts must be entered into by a broker by the buyer who represents you and by the broker by the seller.

Step 4

Take stock at your complete disposal. Now, you are their full-fledged user.

Step 5

Wait a while. The procedure may take a little longer, since your securities may be in the hands of several sellers. In addition, the latter can be in different cities. So, be prepared to wait out a few days to a couple of weeks.

Step 6

Start trading. As soon as the shares are in your hands, the broker will provide you with a personal number and access protection. All your money will be kept in an account with the depositary.

Step 7

Keep an eye on the movement of the market. Trust your broker, but still try to learn exchange trading yourself so that you develop the skill. Learn to make informed decisions.

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