Stock Market investment Online
By judelen
@judelen (428)
Philippines
July 16, 2012 3:54am CST
Hello! Anybody here in mylot experienced to invest on stock market online? As I notice There are many websites offering stock market investment online. I would like to ask if somebody investing that kind of business. Are they legitimate? Please mentioned also the details about it.
1 person likes this
5 responses
@AgentGulaman (3546)
• Philippines
16 Jul 12
I do stocks trading but only here in my country. What country are you in? Oh shoot that! I just browsed your profile and see that we are from the same country!
I am signed up and registered with an online stock broker. In our country, well known online brokers are Citiseconline and BPITrade. I am at the latter, but I heard that the former is better. However, the inconvenience of having to go to their institution to open up an account made me choose going after BPITrade. Lazy me! I don't know about some other online stock brokers, but probably, those that you see are from other parts of the world. Try to check with PSE regarding the registered brokerages in the Philippines first if you have any doubts. Happy myLotting and maybe in the near future? Happy trading!
I am signed up and registered with an online stock broker. In our country, well known online brokers are Citiseconline and BPITrade. I am at the latter, but I heard that the former is better. However, the inconvenience of having to go to their institution to open up an account made me choose going after BPITrade. Lazy me! I don't know about some other online stock brokers, but probably, those that you see are from other parts of the world. Try to check with PSE regarding the registered brokerages in the Philippines first if you have any doubts. Happy myLotting and maybe in the near future? Happy trading!
@AgentGulaman (3546)
• Philippines
16 Jul 12
First, you have to register an account with BPI Trade. There are a lot of resources and how to in the internet. Just search for them on out. Best bet is to look and search it via "https://www.bpitrade.com/trade/welcome.do". Also, before you register an account, you can try a demonstration of how the platform works in there. Minimum balance to maintain is only PhP500. From then on, you can fund your account to do some trades. However, you still need to have another account registered in BPI as settlement account wherein once you withdraw your funds from your trade account, it will automatically go in there. I hope this helps.
@shahamed (92)
• Singapore
16 Jul 12
One issue with stock market is you need a huge capital. If you are looking on long term investment, then you need some sort of security to your capital. Since you are new you can start investing in Blue Chip counters. These are companies with good recognition and reputation.
However if you choose to do short-term investment (trading), which basically means buying and selling stocks on a daily basis, then you can start of with a smaller amount of capital. However there is a high risk to this type of invesment
@AgentGulaman (3546)
• Philippines
17 Jul 12
Yeah, but becoming a stock trader can get you crazy!
You need to fill in a lot of time and effort in trying to research about companies that you are dealing with. Notwithstanding the risks it entails and the volatility can get to your emotions. I know some traders who really can't sleep thinking about their stocks and worrying the next trading day!
You need to fill in a lot of time and effort in trying to research about companies that you are dealing with. Notwithstanding the risks it entails and the volatility can get to your emotions. I know some traders who really can't sleep thinking about their stocks and worrying the next trading day!@mhy_pie03 (68)
• Philippines
8 Oct 12
I am a long-term investment. In the Philippines, one stock broker here has a minimum investment of $120 and you can start all the way in growing your small money. This is especially good for those who earn less yet wanted to save for their future.
@siZidni (1860)
• Indonesia
22 Sep 12
Hi, I am trying to learn about stock market too. But I try to trade in etoro. It provides forex trading as well. My first stock to buy is apple. I hope i gain profit.
In etoro stock trading is very easy. You can start with small amount $50. You can pay with paypal.
@pogi253 (1586)
• Philippines
16 Jul 12
If you finance your cash inside a stock market, the ratio profit you make on your cash will have a connection to the ratio rise of the market. In overall, markets incline to rise or fall every day. While it is not always accurate, stock markets incline to “drift” towards progress over a long period (6-10 years), so for long term savings, you may see an increase. But, over the short term they alter greatly, they may be up 3% one day and then down 4% the next. This is why it is occasionally prudent to use a flexible economic adviser, as he/she is a qualified expert, who will try to move your cash in and out, taking in the advances and missing out the losses. It is always vital to remember still that investments can rise as well as fall and you may get back fewer than you originally financed.
@pringu (151)
• India
16 Jul 12
Hi elen,
M an active trader who does day trading as well as long term trading. Now, In my opinion there isn't anything specific websites where you cud trade, but there wud be stock brokers who have got their own websites. U cud use these stock broking company website as a platform to do the buying and selling of shares or securities.
To know more about stock brokers in your area, you could just try googling it. For your information, i have an idea of discussing some of the vital n core topics or the major terminologies tat's associated with stock trading.
If u r interested, we cud discuss more on stocks and trading in here.
