do you trade stocks online?

@pookie92 (1714)
United States
January 17, 2007 2:15am CST
I am interested in an online stock market investing program. Does anyone here invest online? Please give me the low down on YOUR program.
2 people like this
8 responses
@bestbiz (74)
• Indonesia
17 Jan 07
my suggestion, don't try hyip, try forex trading instead. many companies need you to deposit a large amount just to open account, but here you can open account for free, no deposit, no commission. you can learn first with virtual trading (they give you virtual money to play with). Practice as long as you like. there are many free information on the internet for trading techniques. once you feel comfortable, you can start the live trading with as low as $1. they give you free $5 cash when signing up. you also can earn good money from referral commission. dig information as much as possible before you committed your investment. visit : www.startforex.cjb.net for more information. good luck !
@maryannemax (12156)
• Sweden
17 Jan 07
i just tried the HYIP sites days ago. and they paid me back my money after two days. the interests aren't that huge! but it's a lot better compared to bank's annual interest on our savings. i suggest you visit this site: http://a3union.com/?id=800008855 sign up and you'll see a very interesting way of making your money earn at it's best!
4 people like this
@pookie92 (1714)
• United States
17 Jan 07
I have heard that HYIP is very dangerous, there is a huge chance that you will lose everything and most of the sites are scams. Have you lost money too?
2 people like this
@ossie16d (11821)
• Australia
6 Mar 07
Personally I do not do anything like this, but our son has dabbled a little bit. He uses something like share builder which he said has reasonable costs and he has made some money from it. For him, it is just dabbling though when he has a few dollars to spare and he did it while overseas. He wanted to use it as a tool to learn more than anything, as he does have some blue chip shares in Australian companies. He did not want to play around with them as they have made him a lot of money over the years. In fact his best investment returned the original cost in 4 years through dividends and tax credits, so it has been straight "profit" for him for the past 8 years and he still has the shares which are now worth 5 times what we paid for them. I think it depends on whether you want to trade, buy and hold or what. That would be the tool you need to guide you I feel, and the only one I can think of offhand is forextrading. I will check with our son and see if I can find out the program he uses, if you still need that information that is. Good luck and I do hope that as well as having fun, you also make a motza from your investments. :)
@pookie92 (1714)
• United States
6 Mar 07
I am just dabbling too, the taxes you have to pay on profits are nasty, I may not pursue it....
1 person likes this
@vidyadas (415)
• India
26 Feb 07
i joined the stock exchange market last year...believe me i have lost my entire earnings in just 6 months...but still i was confident...and i becoome more careful...now its sarting to pay me back..invest in different companies in different spheres..
2 people like this
@pookie92 (1714)
• United States
27 Feb 07
how do you decide which stocks to buy?
• Australia
17 Jan 07
Yeah I invest in stocks and trade options, have a look at www.sharedigest.com for some good info on getting started.
• United States
25 Feb 07
I invest through ShareBuilder.com. For $20 a month, I get 20 free investments (automatic investments), so it works out to $1 per trade which is far less than any other online broker. They offer a quality service and are reputable. I would recommend them.
2 people like this
@pookie92 (1714)
• United States
26 Feb 07
thanks, how much have you actually earned with them?
1 person likes this
@pookie92 (1714)
• United States
5 Mar 07
wow, that is awesome, great job. How long have you been investing?
1 person likes this
• United States
2 Mar 07
Actually, I'd prefer not to say how much I've actually earned on stock appreciation, but I will say that it was (before the drop) a pretty hefty amount. If you're asking how much I trust them, I have in excess of $50,000 in my stock account there.
2 people like this
@Lydia1901 (16351)
• United States
19 Jan 07
I don't do trade stocks at all. I don't believe in it that much.
2 people like this
@Idlewild (6090)
• United States
19 Jan 07
I invest but wouldn't say it's really 'trading,' but more buy-and-hold, investing for the long term. There are places like Sharebuilder.com where you can invest smaller amounts at a time, if you don't have a lot to start with. There's a great investing site called the Motley Fool (fool.com) that helps to educate people about investments and has a lot of message boards. You might also consider a stock mutual fund, especially one that has reliable big-name companies that pay dividends.
2 people like this
@pookie92 (1714)
• United States
22 Jan 07
I've heard of the motley fool, I am looking to make a living doing it though, not sure the motley can help.
1 person likes this