Question:

Buy stock new comer?

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i am new to the subject, i want to know if i want to buy a stock , i need a broker and a brokerage account? how is that wok? is there a software that help me buying stock

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  1. If you're interested in an on-line broker go with one that has the lowest commission, allows you to trade options to hedge against price declines and larger gains. In other words doesn't limit your trading. Don't forget, your broker gets paid before you do and gets paid whether you make money or not. Buy on the dips. The trend is your friend. Don't try to catch a falling knife and never fight the overall trend.


  2. Call any broker and they will be glad to set up an account for you.  You can also open an account with a discount broker online.  Charles Schwab, E-Trade, and Scott Trade are some of the online discount brokers.

    Full-price brokers charge so much in commissions that it is difficult to trade with them and make any money.

  3. don;t trust any software that says it will help you make money by giving you investment tips.

    think about it:  if you were the one who had developed a program like that, would you really just give it out to people instead of using it to make yourself a billionaire?
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