Trading stocks online

@tehpau (340)
Malaysia
April 18, 2013 10:14pm CST
I picked up stock trading last year when my company offered us with some stocks for IPO. A mistake made by the broker had resulted me having two trading account. One is the individual account, the other is a nominee account. The nominee account allows me to trade online. It is so easy and convenient, plus the fee is lower than going through a broker. I don't play with borrowed money, only cash I have in that account. So far I have been making small profit here and there. The extra income is not a lot but it is still better than putting my money into fixed deposits. I want to caution my fellow friends here to only trade via legitimate banks or financial institutions in your country.
4 responses
@sonusd (1548)
• India
19 Apr 13
Dear tehpau , this is very nice that you do trade only with your capital,I know that from your own money you are making small profit but also it is helping you to loose less, because by using the leverage from broker you make more amount of money or loose all your capital invested at a time,so you are doing very wise job. When ever you stay invested for a longer period in stock broking you will definitely earn a handsome money.
@tehpau (340)
• Malaysia
19 Apr 13
Thanks for your kind words. I will definitely continue to do this long term. The profit I am making now is going towards my capital. I plan to grow my capital and increase my portfolio.
@airasheila (5458)
• Philippines
19 Apr 13
good day to you tehpau, wow, it looks like you are very bright in handling things in a trading stocks. honestly, at one point, i also think to invest my time and small funds to dwell on stock trading but i am not familiar with the flow on how trading goes, so that plan remains as a plan until now. i wonder if i can also invest and earn on stock trading as well as to earn big on that way as i am looking for more ways to earn especially now that my offline job has gone.
@tehpau (340)
• Malaysia
19 Apr 13
I am not familiar with the banking facilities in your country. You can check with the bank if they have online stock trading. Your banker will be able to help you open an account and show you how to do it.
@MoonGypsy (4613)
• United States
19 Apr 13
i wish i could get into investing for a very little amount of money. but, i am afraid of being scammed.
@tehpau (340)
• Malaysia
19 Apr 13
Yes. This is why I specifically mentioned that you must only invest through banks or registered financial institutions.
@emily7339 (1339)
• Malaysia
19 Apr 13
Yes, I agree with you. If we are familiar with it, it will surely helps to earn a little better than the fixed deposit . There are many who are scammers too. I remembered there was once my hubby and I was dubed into attending a work from home interview. It turned out to be recruiting people for option trading instead. However, it is fortunate that we found out the company was not a legitimate company in this business before getting involved .