When you buy and sell commodities, is it just like trading stocks?
What is to watch for in trading commodities? How is it different from stock trading? Can you set limit sell and limit buy positions like you do in stocks?
Its different in the fact that you wouldn’t mind delivery of a share certificate, but maybe not so pleased if you got ton of sugar or whatever dumped on ypur front lawn. With commodities you either deal in ETFs (securitised commodities) or the futures market.
Stocks and shares are just a tiny ownership of a company, proof of which is in the form odf a certificate or electronic schedule. Commodities are actually the physical thing changing hands. For example Tate & Lyle will actually be selling sugar to be put in bags for supermarkets.You could buy some of that sugar say for delivery in August. You have to sell or close the contract before then.
Can you provide me some good quality stocks that are trading below book value?
Do you know of any good quality stocks who have 1) high yields (that are not in jeopardy of having dividend cuts) and/or 2) are trading below book value?
My choices would be:
COP Conoco Phillips
NOC Northrop Grumman
TRV Travelers Co.
TYC Tyco
you didn’t mention it but these all also have debt to equity levels below 30%.
do your homework, good luck!
I want to start trading stocks?
I am wanting to play around with trading stocks, but I don’t want to put alot of money into it. Ive checked into scottrade and the minimum account balance is $500. Is there anywhere out there that caters to people like me?
I use sharebuilder.. I started with 100 bucks. and now im trading with 1000-2000 bucks. I suggest penny stocks 
By the way.. the more money you put into it.. the more money comes out of it.. don’t bother trading with 100 bucks.. trust me.. its hard to break even when your not trading with any money… with 1000 bucks you can make 100 bucks a day..
ALSO – Sharebuilder works just find for me. I’m a daytrader and I am making alot of money using this website.. If you take a YEAR to learn how to trade stocks, you will be wasting lots of time that you could be making money. Look up daytrading.. Read the basics.. Take your 100 bucks and practice for a month.. when you feel comfortable trading with more.. go ahead..
How can i get started trading stocks?
I want to start buying/selling/trading stocks. I want to learn everything i can to make the most profit in doing so. my only problem is, i have no idea where to begin. such as a guide telling you what everything means, every vocab word used or symbol or whatever, and etc… and where you go to buy/sell/trade stocks etc… how and where can i get started?
Hey,
Well firstly I would read read read.
I compiled a list of the top 10 sites I use to learn and trade on my blog
http://applenickel.wordpress.com/
What is the first step to trading stocks?
How can I start trading stocks, online?
If you’re a rookie in investing or stocks, go to
www.finance.yahoo.com.
Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.
Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.
How should I go about trading in stocks and shares in the small scale?
I have recently recieved around £400 and would like to start trading in stocks and shares etc. Is there a cheap way of investing in companies or markets? What is the cheapest brokerage? What is the best way to make money on the markets with this amount of money?
If you’re a rookie in investing or stocks, go to
www.finance.yahoo.com.
Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.
Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.
If you’re new to stocks, DON’T DAY TRADE. You’ll a rookie in a world of professionals. I tried day-trading with Citigroup and AIG when they were a little bit over $1. I had some luck at first, making about $30 a day but I was way over my head. My luck didn’t last long and I had to rethink my strategy.
Day trading involves A LOT of commissions to the broker. With all the commissions deducted from each trade, you’ll be lucky if you only lose half your money.
I would just day trade using Yahoo! Finance. Open a stimulation account, give yourself $100 worth of fake money and play it in the stimulation format. You’ll see what I mean by losing money every easily.
Good luck.
is there any account minimum restriction on day trading hong kong stocks?
In the US, you need an account minimum of $25000 in order to day trade stocks. Is there any similar account minimum restrictions in day trading hong kong stocks?
Please cite sources for your answer, otherwise i wouldn’t choose your answer as best
The rules covering an account are those of the country where the brokerage account is. If you have an account with a US brokerage office, you have to follow US rules, regardless of what exchange lists the shares.
Which hand held device can I use for trading stocks remotely?
If it is a cell phone that’s fine. But I need a hand held device to trade stocks with as I cannot always be near my PC. I need to have wireless internet via cell phone provider and not just wifi.
You can trade using a Blackberry, iPhone, or any kind of smart phone that has a web browser. Some brokers such as Scottrade even have their own apps made specially for a particular phone like the iPhone.
Can I get into trading stocks without paying ridiculous fees & commissions?
You see these places like TD Ameritrade, Scottrade, E-Trade and Datek Online…. They all seem pretty reputable, but I don’t want to have to pay $10 – 15 every time I want to trade a stock. Especially since (in the beginning at least) I’m only going to be buying or selling one to ten shares at a time.
Buy two $9 shares of a stock and pay $15 commission to do so? No thank you.
Any advice?
The best deal on a "quality" broker is probably TradeKing at $4.95 per trade.
Zecco offers 10 commission free trades a month if you have a balance of $2,500 in your brokerage account; otherwise, they charge $4.50 a trade.
Do I need to pay estimated taxes quarterly if I make enough trading stocks?
I have a full time job and have started trading stocks few months back. Already I have enough realized gains that will force me to pay additional tax. My question is do I need to pay estimated taxes quarterly based on the profits I have made so far or can I wait till the end of the year to pay my taxes.
Any one who has been in this situation, if you can share your experience, it will be greatly appreciated.
there is only one quarterly left, Jan.15, 2010
if you anticipate a huge increase in your tax liability, it would be prudent to file what you think will not be covered by your withholding
however if your withholding currently is at least as much as your tax liability for 2008 was you should be safe