Forex Trading Tactics
Questions About Stocks?
I was wondering if you guys could answer a few questions about stocks.
1. On sotck trading websites it say $9 per trade. Does that mean 9 dollars per stock you buy or 9 dollars per transaction.
2. Fees. Ok the fees seem pretty high on trading stocks. Do you guys have any good sites/brokers you use that you use or ways of keeping costs down?
3. Do any of you have any good tactics that you use to make money with the stock market.
4. I have heard that foreign exchange of curency/forex is forex easy to trade and is it posible to make serious gain from it?
-thanks, Josh
1. $9 per Transaction : you buy or sell 100 shares or 5 shares , you pay $9 per transaction.
The share of a stock costs from pennies to $500 (Google). Transaction : I buy X shares or I sell X shares.
2. Fees : You have to compare between the banks. I suggest TD-bank where I do my transactions.
3. To learn how to trade I suggest OptionXpress -You do a Virtual trading with virtual money : You will find your way to play the market .
4. Foreign Exchange (Forex) or commodity (sugar, oil, coffee..) are speculative ; STAY AWAY
You guess one direction (up or down) , if the market takes the direction you choose you make
but if it takes the opposition direction you lose big. This is pure gambling.
Forex how-to trading tactics: GBP/USP Trades
