Tag Archive | "2016"

Online Stock Trading Reviews 2016 – The Best Online Stock Trading Guide For 2016

Online Stock Trading Reviews 2016 – The Best Online Stock Trading Guide For 2016
You’re a Rookie Stock Investor if you’re a beginner or fairly new to the investing world. Most usually start out with a “buy and hold” approach. Maybe you’re transitioning from a full-service brokerage or employer-sponsored retirement plan to a do-it-yourself online broker like TradeKing. If you’re a rookie, your experience with investing in individual stocks may be limited, not making more than a few trades per month in a cash account. Many beginners have more experience investing in money market funds or mutual funds. Just because you’re a rookie doesn’t mean you don’t have high expectations for your trading, and you’re probably eager to expand your general market knowledge and investment experience to achieve your goals. That said, many beginners aren’t fully aware of the time and dedication involved with investing or trading. It’s easy for rookies to fall prey to failed investments made with a “gut feeling” or consisting of “tips” instead of actual research. (But if you’re reading TradeKing’s Education Center, chances are you won’t be one of them – bully for you!)

A Rookie Stock Investor will normally understand the concept of buy low and sell high. However, rookies are especially vulnerable to letting emotion take over once a trade or investment has begun. This may lead to you holding onto securities with losses even as the reasons for the original investment have deteriorated. You may’ve found yourself hoping, maybe even wrongly expecting, a losing stock would recover so you can “get back to even”. If higher prices return, you may pull the sell trigger too soon, selling your stocks at break-even or with only small profits. It’s tough for many beginners to see the forest for the trees, recognizing if the outlook for a particular security is favorable even if the short-term trend is rocky. Rookies often have had successful trades during strong bull markets, but during tougher times when volatility is up and bears rule the game, you may feel at a loss.

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