How To Buy Stocks For Beginners 📈 OPENING A TRADING ACCOUNT

How To Buy Stocks For Beginners 📈 OPENING A TRADING ACCOUNT 

 

So, responding directly to this question that is asked to me daily, how can we open our first account?
Let's be talking is how to open a trading account and some of the things involved in this process:

The first step: is to understand that we can not open an account without a specific reservation for this, I made that mistake and opened my account and I did not know how to invest, I spent a lot of time losing money with bad deals and I threw money away, 6 months in debt, and I tell you it was not easy, let me be an example of what will happen if you are investing money that you may need, then invest wisely, and learn to save before investing. and notice again, the Financial Market is something very volatile, you can be earning hj and hj even if you did not predict a bad deal, you can lose everything.

Because we work through financial brokers and obviously we have administrative fees and commissions, and if you fell headlong without being prepared to invest, or even studied, then you will not want to tie up the money that you may need at any time , then invest only the amount that will not get in the way, even if the amount invested is small, because then you will put yourself in a bad situation where markets can fall at any moment and you can not do anything about it. so always be aware.

A good tip I give, before investing in any business, reserve enough money to cover all your household bills like food, energy bills, gas, MAINLY THE INTERNET so that you can invest without worrying about the value invested, without exaggeration of course! make it a rule for yourself and it will be all right.

But as far as going to start trading, always start with trading for beginners because you know you're just getting started, as far as everyone I know, and the people I know who are starting, always start with the services of brokers online (and always have discounts on hiring your services).

I mean there are some people who have as a stockbroker you know who will call them on the phone and do their business but mostly hum is just added steps in the process nowadays, I mean if you want a counseling really specialized and if you want some perception of the market, sometimes people will look for a stock broker who knows someone who can actually talk, but in most cases, if you are just a curious looking for stock type trading fun or as a hobby, you should use a discount broker online and these are like the most common ones I see people using.

 It is up to you to choose which type of service you will join, but I will recommend some companies and business experts who have a very popular loyalty, Charles SchwabTD; AmeritradeeScott Trade; for me I use Scott's trading because what I was looking for was the cheapest cost for trading and a low base cash balance since some of those brokers require that we have to have a large balance in the account so you can consider this one of the key criteria when it comes to choosing your Stock Broker, because everyone has a unique situation, so it varies from person to person, the need the company can offer.
 For a lot of research, and because of this situation I chose to trade ScottTD because they had a low trading rate of seven dollars for a trade, which is relatively low compared to other brokerage agencies, as well as do not know if they changed their values by the time of this post, but I'm sure it's been seven dollars for a good deal for a while until the last time I used it, now, so I'd be surprised to change it out of that low fee amount, they did not charge maintenance fee how did they do it? I do not know, but they really have a good service provided.

 And I know how and having the balance of the account down, and the maintenance fees that some charge will always end your account every month, so do the research, look for the one that caters enough to you, within your current condition, and let's to work!]

Always look for brokers who are always well evaluated, and who care about you in detail, that she scrutinize every financial detail of you, and obviously everything is confidential between company and client, so always look for the best evaluated, because those who care with themselves and above all their clients, are always the best, good brokers always want to know their annual income as well as their net worth and also want to know what their investment objective is. know how you are, where you would like to invest, and what kind of stock you want to invest in, what your strategy is, if you are speculative, if you are betting, if you are investing in futures, they kind of just want knowing what kind of investment you'll be making them, it can be a bit annoying, but they really ask for a lot of information, the reason why they need your social if curiosity number is because you'll be paying income tax on your returns , let's say you make money, out of stock you're going to pay taxes at the end of the year, that's why they need to have your tax ID or your social security number so you know how to send it to the IRS, to have certainty that they are always regulated within the Law, and both for the security of the company, and for the proprie security of the company, and the process to open such an account in a Financial Brokerage Firm, is Corretora FOREX, Corretora de Seguros, both does, the process takes at least 2 weeks, in cases it may be a matter of days for an account to be open, but the time varies from company to company. So from the moment you have your trading account with My

Second step: will be: transferring your funds the way I do is just for my checking account just like when I set up my trading account I just made my account number and then think after three days active and I you could send money or ask for money, but you can also, if you want, work with a check that you can send a check-in where you can make a cash transfer through Western Union,  We can also use Franklin Templeton, through our cell phone and in both cases we can send our money through check.

Third Step: It is when you open your account, you have money deposited in it, has its reserve of 6 months of domestic and personal accounts paid, then yes you will be really ready to take the fifth step, which will be practically studying the Behavior and Functioning of the Financial Markets, for this Do not waste time, at any time you are free, read books on the subject, seek to know who you already know about Forex Forun, also search for online forex trading system, managed forex trading, about automated forex system trading as always has good guides with tips and teachings for users, which can be used in any kind of business, about forex handel, I'll leave the Link of a very good Ebook that helped me a lot to do well. most important: Familiarize yourself with the platform that pleased you, and that lends you a good service, directly to you and with your hamilton brokerage, because 1 does not work without the other, learn to master all available tools, study calmly and patience, and mastered their abilities, and soon will be leaving the Beginner Level, going to the Middle Level, and soon more Surfing in a Sea of ​​Money in the Hard.

Level. Part of the experience, the most diverse platforms are Forex, Criptomoedas, Insurance, Stock Market, Commodities Market, always be patient and careful, all care is little, because in the Financial Market We are always facing two doors, One the Success, and next to it, A door to Failure, fits to decide what to cross.

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