How to Buy DISH Network Stock
DISH Network stock is traded under the ticker symbol DISH on the NASDAQ stock exchange. The company is one of the leading providers of satellite television service in the United States. In 2009, DISH Network attempted to take control of SiriusXM to gain a reach in the satellite radio market, but was unsuccessful in its bid. If you are interested in buying DISH Network stock, there are a number of ways to do this. You can't always purchase shares directly, so you might need to use a broker as an intermediary.
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Instructions
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Fund an online account. Online trading is the most convenient and easiest way to trade stock as you can do it from the comfort of your own home with a few clicks of the mouse. The most popular online brokerage firms include Scottrade, TD Ameritrade and E-Trade. Go to the site of your choice, and follow the instructions to set up your account.
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Call a local broker. Firms like Edward Jones are located in thousands of towns across the United States. Check your local Yellow Pages to find a broker in your area. Alternatively, you can seek a larger brokerage firm such as Charles Schwab or Morgan Stanley and do your trading by phone rather than in person.
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Do your research. You can often find the latest reports on DISH or any other stock at your online brokerage or at news sites such as MSN. One example is that studies showed that pay TV, like DISH Network, continued to grow during the recession late in the first decade of the 21st century while home phone service continued to decline, perhaps making cable and satellite TV providers a safer bet than telecommunications stocks.
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Decide how much you want to risk. If you are funding a stock trading account for the first time, make sure you don't put more in it than you can afford to lose. Experts say to keep any money you will need for the next five years out of the stock market. DISH stock fluctuated greatly in the first decade of the 21st century, trading between $25 and $35 for much of the decade while peaking near $45 in 2007 and dropping around $10 in 2009 during the big economic recession.
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Know the difference between a limit order and a market order. If you place a market order, the trade will be executed at any price at the next available opportunity. If you set a limit order the trade will only take place if the stock is not trading above a price ceiling that you set.
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Contact your broker or click on your online account and execute the trade. Determine how many shares of DISH you want to buy, and make sure you will have enough in your account to cover the transaction, remembering to include the brokerage fees and any other costs that may be incurred.
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