Stock Investment Software and Stock Broker Fees
When you use Stock Investment Software you will get recommendations on which stocks to buy. The next thing you need to know is how to place your trade. Well you will need a stock broker. Making that choice can become confusing. You see their advertisements every few minutes on TV. If you start to check them all out you can get very confused.
One of the things is they offer is premium services. Stock Charts, Stock Patterns, Reviews, Analyst opinions, Stock Patterns etc.
Guess who pays for it. If you bought Stock Investment Software all this work has been done for you. So you have to ask yourself do I need all this? All you need is a reliable stock broker to place your trade. You will find that one of the prime considerations for you is Price. Because you pay when you buy the stock and you pay when you sell it.
Many people fail because of Broker Fees they pay. While when you see the advertised price for example $10.99 a trade verses $5.00 a trade it does not seem significant. But it is. Say you buy shares at $1.00 per share, your cost is $100. Depending on the stock broker you use your fess are 5.00% 0r 10.99%. Today with the unpredictable future people are not buying stock and holding it forever. They trade often. Many are day traders. The more trades the higher the broker fees.
It is wise to play the stock market with Stock Investment Software. But keep your costs down, do not give a large chuck of you profits to the Stock Broker. Watch you Stock Broker fees. Here is another factor you need to consider. When you buy 100 share if you use the $5.00 Stock Broker your fess were 5%, but what percentage would it be if you bought 1000 shares--.005%. So what you should do is never buy or sell less than 500 shares.
My name is Al Villa. I am not a Stock Broker, Analyst, or some kind of guru. I am just a person that has been on the internet since the beginning. What you read here is from my experience. For a long time I did it the hard way. What I have learned in the school of hard knocks I share with you. You can use this or any article any way you choose as long as you share it in its entirety. You can read all my articles all here: More Stock Information
Article Source: http://EzineArticles.com/?expert=Al_Villa
Labels: Stock Broker Fees, Stock Investment
When you use Stock Investment Software you will get recommendations on which stocks to buy. The next thing you need to know is how to place your trade. Well you will need a stock broker. Making that choice can become confusing. You see their advertisements every few minutes on TV. If you start to check them all out you can get very confused.
One of the things is they offer is premium services. Stock Charts, Stock Patterns, Reviews, Analyst opinions, Stock Patterns etc.
Guess who pays for it. If you bought Stock Investment Software all this work has been done for you. So you have to ask yourself do I need all this? All you need is a reliable stock broker to place your trade. You will find that one of the prime considerations for you is Price. Because you pay when you buy the stock and you pay when you sell it.
Many people fail because of Broker Fees they pay. While when you see the advertised price for example $10.99 a trade verses $5.00 a trade it does not seem significant. But it is. Say you buy shares at $1.00 per share, your cost is $100. Depending on the stock broker you use your fess are 5.00% 0r 10.99%. Today with the unpredictable future people are not buying stock and holding it forever. They trade often. Many are day traders. The more trades the higher the broker fees.
It is wise to play the stock market with Stock Investment Software. But keep your costs down, do not give a large chuck of you profits to the Stock Broker. Watch you Stock Broker fees. Here is another factor you need to consider. When you buy 100 share if you use the $5.00 Stock Broker your fess were 5%, but what percentage would it be if you bought 1000 shares--.005%. So what you should do is never buy or sell less than 500 shares.
My name is Al Villa. I am not a Stock Broker, Analyst, or some kind of guru. I am just a person that has been on the internet since the beginning. What you read here is from my experience. For a long time I did it the hard way. What I have learned in the school of hard knocks I share with you. You can use this or any article any way you choose as long as you share it in its entirety. You can read all my articles all here: More Stock Information
Article Source: http://EzineArticles.com/?expert=Al_Villa
Labels: Stock Broker Fees, Stock Investment
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