I think we have all heard the phrase “practice makes perfect”. I learned this basic rule very early in my life and applied it to online stock trading. Many sites offer fantasy stock market trading platforms. Essentially, you are given theoretical money which you can “trade” in the market. Obviously, real transactions are not being [...]

The first online trading firm that I used was Sharebuilder.com. At the time, $4 / trade was a steal. It may still sound like a good price when compared to other brokerages, however Sharebuilder may not be the best choice for some. Let’s look at the pros and cons: Pros: Low cost trading ranging from [...]

Sometimes the best investment choices are made on how the investor feels about certain industries based on what they see during their daily life. For example, I saw that my gas and electric bills were increasing as winter began. However, the price of oil has been tanking during the past four months. Using this information, [...]

The first thing that is necessary to start trading online is a brokerage! There are many different things to look for when selecting your new online broker.

First, pay attention to the commission they charge per transaction. The brokerages can range from $4 up to $20. You get charged this amount for every purchase and every sale. Your profits can be eliminated with high commissions so making a wise choice now will build a stronger portfolio. READ MORE…