January31

where can i open an online trading account for a cheap rate ?

im very much interested in buying stock but i do not have much experience .plz advize

Rebel Son, I’m sending you to wall street survivor. You can start gaining experience with fantasy money free until you get confidence and develop good strategies trading, then you will find links to brokers being advertised there and I suggest you make your own research and compare them.

http://www.wallstreetsurvivor.com/Public/Members/Register.aspx?ad=1008-1288-01&utm_source=Commission+Junction&utm_medium=Web&utm_term=Not+Specified&utm_campaign=CJ+Affiliate

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2 Responses to “where can i open an online trading account for a cheap rate ?”

  1. D3pom Says:
    February 1st, 2010 at 2:32 am

    Rebel Son, I’m sending you to wall street survivor. You can start gaining experience with fantasy money free until you get confidence and develop good strategies trading, then you will find links to brokers being advertised there and I suggest you make your own research and compare them.
    http://www.wallstreetsurvivor.com/Public/Members/Register.aspx?ad=1008-1288-01&utm_source=Commission+Junction&utm_medium=Web&utm_term=Not+Specified&utm_campaign=CJ+Affiliate
    References :

  2. Al in NC Says:
    February 1st, 2010 at 3:10 am

    If you are inexperienced I suggest you do some research before investing.

    An excellent website is http://www.investors.com.

    When their homepage comes up locate the "How To Invest" section on the left side of the page and click on "Investor’s Corner".
    When the next screen comes up click on "View Archive".
    Read the articles in this section.

    Also, in the "How To Invest" section there is a "Financial Dictionary" you can use to look up terms that you are unfamiliar with.

    Another good website is http://www.investopedia.com

    You can also try "paper trading" through either the CNBC stock contest or the Wall Street Survivor stock contest.
    This way you do not risk losing any actual money and gain experience practice trading (I think you start out with a $100,000.00 account balance).

    The contest are not exactly like actual trading since you can only buy/sell at the open/close prices of the market (no intraday trading).
    Track your positions for a specified time and see how you did with the investments you chose (gain/lose).
    You can win prizes using either stock contest.

    When you are ready to open a brokerage account I would suggest Scottrade.
    References :
    http://www.investors.com
    http://www.investopedia.com