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Top Stock Brokers
1. InteractiveBrokers.com
Interactivebrokers.com is my favorite discount broker. It is especially good for stock traders that do not trade many shares being that they only charge 1 penny per share. So if you buy only 100 shares at a time it is the right broker for you.
2. Ameritrade
Ameritrade is a great discountbroker. There site is well laid out and the stock streamer is one of the best I have seen. The only downfall for Amertrade is the price per trade. It is $11 per trade which can get pricy if you trade alot.
3. TradeKing
TradeKing carries the banner of cheapest broker.TradeKing isn't perfect: You can't buy bonds online, and all funds carry a $14.95 transaction fee.
4. Firstrade
Firstrade has all the tools most online investors will need, while keeping its commissions at a low $6.95 per trade.
Top Books on Stocks
1. The Intelligent Investor
With practical demonstrations Benjamin Graham shows the reader how to interpret financial statements such that only undervalued companies with long-term prospects are considered worthy of investment.
2. One Up on Wall Street
This book will teach you how to build a portfolio, show you how to analyze a company, and how to read financial statements. This book was written by Peter Lynch who is the famed investor and manager of the Magellan mutual fund.
3. Reminiscences of a Stock Operator
This book will take you past P/E ratios, book value, moving averages, etc. and shows what really moves stock prices:people. It is a battle between bulls and bears. This book was first published in 1927,and is still a must read.
4. A Random Walk Down Wall Street
In A Random Walk Down Wall Street you will discover how much fun it can be to beat the pros at their own game - and learn a user-friendly, long-range investment strategy that really works.
5. Trading for a living
Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game.
Stock Tips
1. Price limits
Before you even buy a stock, set your Stop loss and Stop profit and stick to them!!! If you follow this 1 rule you will be a more succesful trader.
2. Limit Orders
Always use limit orders vs market orders. With market orders, you never know what price you will be paying for a stock, with limit orders you do.
3. Etrade
Etrade is a great discountbroker. There site is well laid out and the stock streamer is one of the best I have seen. The only downfall for Amertrade is the price per trade. It is $11 per trade which can get pricy if you trade alot.
Top Stock Sites
1. Marketocracy
Marketocracy.com
is a great site to practice investing before risking money. Their site has a great design along with forums to get ideas about which stocks to buy.
2. Sec.gov
Sec.gov
is the site to go to to see company filings. Here you can see information about insider buys and sells and other useful information.
3. Stockcharts.com
Stockcharts.com
is the place where you need to go if you want to look at charts. The site is easy to navigate, and you can do alot of really cool stuff.
4. Yahoo.com
Yahoo.com
Yahoo has the best stock forums by far. I have searched and searched and they seems to be the place where everybody goes.
Faq about Stocks
1. What is a Dividend?
Some stocks pay dividends. This means that for every share you own, you are paid a portion of the company's earnings.
2. What is a Stock Split?
A stock split is essentially when a company increases the number of shares.
3. What is a Ticker Symbol?
The I.D. tag for stocks, learn what ticker symbols are and how they can help you research your investments.
1. What percentage of U.S. households are invested in the stock market?
Equity ownership in America has grown over the past two decades, and now half of all U.S. households and one in three individuals own equities.
2. Do you have to be a certain age to purchase stock online?
you have to be 18 to buy any stocks.
3. What should I invest in to make a slow sure profit?
Look towards index funds. Most have low expense ratios and typically outperform fund managers.