hblaw
New member
The easiest way to start trading or investing in stocks is through a trading platform/online brokerage account, which can be set up simply with proof of ID and a choice of funding method. Finding a low-commission broker is important for more active traders as they will naturally pay more commission than those trading at a lower volume.Investors should also decide whether to go for individual stocks or mutual funds. Individual stocks, as mentioned above, represent a share of the corporation, while mutual funds pool a range of stocks, with managed funds looking to outperform the market and exchange-traded funds or ETFs tracking an index.
Get started in stock trading: A Checklist
- Establish trading goals
- Choose the right broker
- Research key companies
- Keep a diversified portfolio
- Practise risk management