Online Stock Trading is becoming the most popular way to trade stocks because of technological advances in the recent years and the popularity of trading stocks online. No longer do we have to call a broker and pay high commissions to buy or sell a stock. With just a few clicks of the mouse we are in total control of our investments. With online brokerages competing for your business, commission prices are at levels that are easily affordable. Access to information, known only to stockbrokers a few years ago, is now at our finger tips. Online stock trading today is more popular than ever before and online trading popularity increases daily.
How to Trade Stocks Online
More individuals Trade Stocks Online and are entering the Stock Trading markets on a daily basis than ever before. Etrade touts 1,000 new members everyday and continues to be a pioneer within our industry. With the recent financial crisis, more and more people are entering the stock markets and taking control of their own financial futures. The services found at Stocknod.com allow anyone to monitor their stocks technical performance and receive trade signals they need in order to stay ahead of the curve and maximize profits. Using a proprietary technical trading software devised by Stocknod founder Jason McGuire, now anyone can successfully trade the moves. Now knowing when to exit the markets is as easy as creating your Stocknod account.
Start Trading Stocks Online:
- Open an account with an online or direct-access broker. See below for recommended online brokers.
- Perform company research and analysis to evaluate historic performance of your stock. See Stocknod Alerts
- Join a stock pickers group or online community to identify undervalued stocks. See Hotsheet Picks
- Customize and set trading strategy for your investment needs and capital threshold
- Trade your stock as it goes up in value. Using stock alerts you will know when a stock has reached its peak and when it is a good time to trade it. Stock trading is a “get out while you are ahead” endeavor.
Recommended Online Stock Brokers
Which online stock trading broker company is the best? That all depends on what type of trader you are. If you are a swing trader or someone who buys and holds a stock for some time, a company like Scottrade would be good for you. If you are day trading stocks online, then you are going to want someone who offers direct access in order to get the best price possible. If you are a value shopper that makes fewer than 10 trades per month then Zecco is your best value. Below are the top choices for online stock trading:
Once you have performed your due diligence and researched your discount-broker alternatives and decided on which one is right for you, you’ll probably want to go ahead and open and fund the account. Opening an account doesn’t require much more than filling out an application. Don’t worry about the word “application” as we have never heard of any members getting turned down for new accounts. However, being approved to open a margin account (one that permits you to borrow money from the broker company) might be a problem if you have a horrible credit history. But an account that is funded entirely by your own cash is most likely going to be approved. For new traders you will find that the more experience you have the better at trading you will become. We always recommend that new online stock traders start small with beginning investments until they are comfortable with online trading. For new traders we would recommend using the Stocknod Alerts to perform the required technical analysis on your stock’s history to determine the value rating of that stock.
Is Stocknod.com an Online Stock Trading Company?
No, Stocknod.com is an automated software stock analysis company that provides automated monitoring of your stocks. Simply create and upload your stock symbols into your Stocknod account and instantly see if your present stock value is a buy or sell rating. For Buy candidates you would continue to use the Stocknod neural network until you receive a trade signal via sms or email alerting you when to sell. Stocknod employs the same data principles and screening metrics as ESignal, Vector Vest or Investools but there are two differences. First Stocknod founder Jason McGuire has developed an algorithm with superior trading metrics and two Stocknod is not a downloadable software program with a steep learning curve that you have to download and monitor. Stocknod Alerts provides instant market-guiding research for stocks in an easy to use automated online format. In short Stocknod.com is a great automated prospecting tool for both the novice and professional stock traders. Start trading stocks online today by starting a Free 30 day alerts trial today and start seeing why Stocknod is becoming the fastest most reliable market data network available today. Free 30 Day Trial