How to Begin Stock Market Trading

The world of stock trading can be both fascinating and profitable. There is much to know and becoming an expert can take decades but getting started with stock trading is easy.

Difficulty: Moderately Challenging

Instructions

Things You'll Need:

• Money to invest

1. Select an online brokerage company. There are many online stock brokers to choose from (three of the biggest are included in the links below). Be sure to compare the fees and minimum account requirements of each in making your selection.

2. Set up and fund your account. Most online brokerage houses will have your new account up and running in a matter of minutes. You will need to transfer funds from a checking or savings account to start investing; many brokerages can do this via ACH or EFT transfers.

3. Start researching the market. There are a host of resources to learn about stock trading. Start by reading the resources that your online broker gives you on their website, then branch out and do some research on your own.

Tips & Warnings

• Not sure you want to go it alone? Hire a professional advisor if you still need help.
• Carefully consider every investment and trade to determine whether they are suitable for your situation before proceeding.

Resources

• Online stock brokerage Etrade
• Online stock brokerage Scottrade
• Online stock brokerage TDAmeritrade