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Question by xxsnapshot: I need good trading charts and discount broker any recomendation? Best answer: Answer by jebediabartlettFrom what I hear, Scottrade is really decent from a trading standpoint…even to the small investor. I’m more long- term, but day-traders I converse with rave about the screeners you can modify with ” highs of the day” and ” volume moves” etc. etc. What do you think? . . . → Read More: I need good trading charts and discount broker any recomendation? Stock Brokerage Firms – Should I Pick a Traditional Or a Discount Stock Broker? In bull markets and bear markets stock brokerages seem to pop up everywhere. You will see full-page advertisements in newspapers and on financial websites for brokers which offer various incentives to first-time investors and to those who have existing investment accounts with other brokerages. But what are stock brokerages and how do you determine the right one for you? Stock brokerages are highly regulated financial services firms that play a critical role in the buying and selling of stocks on all major exchanges. . . . → Read More: Stock Brokerage Firms – Should I Pick a Traditional Or a Discount Stock Broker? Question by : What is the best online discount broker for new investors? Best answer: Answer by Redjr01I like Scottrade because of the low commissions. However, it depends on your level of expertise. If you need some guidance I would go with Fidelity, Schwab, or other online brokers that offer guidance. They may cost more per trade but if you need a little guidance, they’re good. With the bigger online brokers they do have active trader discounts. So, when you are looking decide if you are an investor or a trader. What do you think? . . . → Read More: What is the best online discount broker for new investors? Question by Laura C: I need guidance on choosing a discount broker for purchasing stock. Who do you use and why? Best answer: Answer by stevel226I use Scottrade because they only charge $ 7.00 a trade. They only require a $ . . . → Read More: I need guidance on choosing a discount broker for purchasing stock. Who do you use and why? Tips on Identifying the Best Stock Broker: Understanding the Types Article by Russ Babka A stock broker provides unmatched assistance in buying and selling stocks to maximize returns. Since stock brokers are abreast of pertinent economic, political and other information, they can help identify potentially lucrative trades. Note that stock brokers are basically intermediaries, and execute deal on their clients’ instructions. However, there are some clients who vest their brokers with their permission. Types of Stock BrokersBroadly speaking, there are three types of stock brokers: Full Service Stock Brokers As traditional stock brokers, full service brokers assist their clients with a . . . → Read More: Tips on Identifying the Best Stock Broker: Understanding the Types Question by davideexpert: How to sell pink sheet stocks w/o using brokerage firm, since broker raise huge discount on pink sheets ? Best answer: Answer by Jade CAs far as I know, the only way to trade pink sheet shares is though . . . → Read More: How to sell pink sheet stocks w/o using brokerage firm, since broker raise huge discount on pink sheets ? Question by Princess: What does a broker at discount brokerage do? Thanks Best answer: Answer by Reapor-ted!brokers, universally, are middle men/women in their fields. depending on what field you’re in, some leads are provided, others must be obtained, by you-through cold calling. you have your pick of the litter in terms of vendors . . . → Read More: What does a broker at discount brokerage do? Question by dfixer: Can a discount broker approve a buy of a call option thats 3-4? Best answer: Answer by bull_rooster_aardvarkMost brokers will not let you buy options on margin. If you have $ 10,000 in your account you can buy $ 10,000 in options. What do you think? . . . → Read More: Can a discount broker approve a buy of a call option thats 3-4? Finding the Right Broker Article by Gregory Inoue There are many options to pick from when choosing a stock broker. It used to be that you simply had to choose from a full service broker or a discount broker. But there are many different types of brokers out there to choose from. What you are looking for from a stock broker simply depends on your portfolio and financial needs. Full service brokers are at the top of the service provider list. They are much more than just order takers. If you are looking for more, this may be the best . . . → Read More: Finding the Right Broker Question by Larry W: What are the drawbacks of using a discount broker over a full service broker to invest my IRA Rollover funds? Best answer: Answer by dredude52If you make your own investment decisions, there aren’t any drawbacks. The full service broker is there for people who need hand-holding, who need “advice,” and someone to shuffle the responsibility on to. You don’t say what you’re invested in, but a rollover should be a simple matter and not require “advice.” In today’s technologically advanced systems and internet service, the full-service broker is so 20th Century. If you’re looking to diversify, . . . → Read More: What are the drawbacks of using a discount broker over a full service broker to invest my IRA Rollover funds? |
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