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Penny stock tend to be high risk stocks. The simple cautious steps can prevent losses and may even give good profit. You have to check history of the company and the board of directors. The company's turn over figures can give you goo idea. Before trading any stocks you must learn to read graphs.

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15y ago

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What should I know about the stock market before I begin buying stocks online?

I don't advise buying stocks online without a broker, but if you're intent on it, you need to evaluate how much risk you want to take and carefully research the companies you wish to invest in.


Is there an extra fee for buying stocks online?

Buying stocks online may incur a small stockbroking fee as some companies charge for the buying/selling and trading of stocks. But there are some companies that do not charge for these services.


How does someone find out about buying stocks online?

The best way to find out buying stocks online is to first consult a finance agent or a family member or friend who understands the stock market. Once appropriate knowledge is gained, one can go to an online broker, open an account and start buying stocks online.


Are there financial dangers in buying stocks online?

The major danger of buying stocks online is investor incompetence. A broker can generally get a better return than an untrained investor (though there are exceptions).


What are the things need to be watched before buying stocks?

risk


Do I have to sign up with a broker company for buying stocks online?

You can buy and sell stocks online without having a broker. Ameritrade and Zecco are very good companies.


Which websites offer details on buying stocks online?

You can find a wealth of information about buying stocks by setting up a consultation with a local brokerage firm in your area to discuss your portfolio and what exactly will be needed.


Can you buy shares of the apple stock online?

Yes, you can shop for various stocks, including Apple stocks online. There are several approved webpages that are specifically for people buying and selling stocks in all different types of markets.


Is it secure to buy stocks online?

Buying anything online can be skeptical. If you want to guarantee you are buying your stocks online securely the best thing to do would be to go to the website of a stock seller you are familiar with. Otherwise make sure the site you are using has valid contact and customer care information.


How can I learn about buying stocks online?

Amo100: These are a couple of website that can help you learn. howtobuystocksonline.org/ and www.sharebuilder.com/ and ezinearticles.com/?Learn-to-Buy-and-Sell-Stocks-Online . There are details on wikihow.com and ehow.com also.


Why should somebody look into stocks before buying them?

so that you do not lose money. if you buy a stock that is about to crash and you do not know that then there is a big chance that you will lose money.


What are reasons to avoid buying stock online?

Some of the reasons to avoid buying stocks online are hidden fees, panic buying, ordering the wrong type of stock, and placing market orders in a volatile market.