The world is ever changing. Back in the 1900's the stock market was filled with runners and little pigeons that spent their time running back and forth and utilizing phone lines in order to make trades. Now those runners are replaced by fiber optic cable lines and the world of technology. The stock market is evolving with the technology. Now there are a number of online brokerage systems and thousands of people using them everyday. The old way of thinking is still the same....we all want to make some money! I will outline two ways to make some money using the stock market online.
The First Way
The first way is to sign up for an online brokerage account. Something like Scottrade, E*Trade, TradeKing, or Fidelity are a few examples. These companies operate almost 100% online. Step one is to isolate a firm you're interested in and then set up an account. Once you set up an account then you can start looking for different stocks and different ideas. Along with the first way to use online stock investing you will need a strong philosophy. This philosophy will be how you trade. There are different types of traders out there. There is short term trading, long term trading, and day trading. Short term trading is where you'd like to hold onto stocks for a short period of time.
The time frame could be anywhere from 4 weeks to a year. Long term trading is where the investor holds onto the stock or investment for a long period of time. Usually these stocks will have some type of dividend where you can earn money will holding onto the stock. Time frames for this type of stock can be anywhere from 1 year up to 20-30 years or the life of the company. A day trader is something that is very risky. A day trader will purchase a large amount of a stock, hold on to it for a limited time, and then sell the stock to make a profit. These stocks are usually gone at the end of the day. Time frame for this can be 5 minutes to a couple days. Whichever option you chose to use, it takes some time to research and figure things out and hopefully get lucky with the stock you chose.
The Second Way
The second way would be to follow along with a course or a trading school. These courses will do the research, pick a stock, and tell you what to do with the stock. This way is a whole lot easier than doing your own research. Your own research can take hours and hours and maybe even into days. You have so many different items to look at and to figure out before putting in your money. The online stock investing course will then help you pick your stocks. They will tell you which ones have a great chance of going up and which ones to stay away from. Since the research is done, you already eliminated one big step.
The next step in the second way is to follow the instructions of the course and choose your stock. They will help you figure out when to buy and when to sell. I have done this first hand and have made a ton of money with their help. Luckily for you, I found the system that will save you time and money. Check it out here [http://winatstocks.info]! They offer a great money back guarantee if you are not satisfied....plus an extra $200 dollars. I also have some more information if you want to learn more. Visit http://www.squidoo.com/online-stock-investing
By: Michael S. Costa
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