Stock trading question

1,964 Views | 7 Replies | Last: 7 yr ago by Señor Chang
Mmetag10
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I've had money in the market for the past 15 years or so but I've never done any specific trading. Always just had my financial advisor suggest mutual funds or different alternatives to keep things easy while i tried to grow my available funds. Now I'm getting more and more interested in the market and would like to try my hand at some trading. Does anyone have any specific sites they recommend?
What's the best overall site?
What's the best low cost site?
Is there a great practice website to fiddle with before i go put my actual money on the line to see if i suck first?

Sorry if this had been covered before i did a forum search and nothing popped up for about 5-6 pages.
Thanks
EliteZags
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I just use Vanguard mainly since I have my roth there and have most of my taxable investments in Vanguard index funds

for the last question, Robinhood is popular as 'practice' with real money as there are no minimums and zero transaction fees, also gives you a free share of a random stock from signing up through a share link https://share.robinhood.com/josephz239
JSKolache
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Leave your money in the funds & ditch the advisor - that's a waste of money on service fees.
Baby Billy
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JSKolache said:

Leave your money in the funds & ditch the advisor - that's a waste of money on service fees.

One thing I know for certain is that I damn sure would not listen to you for financial advice. I pray people don't listen to some of the stuff you say on here
Howdy Dammit
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I love Robinhood for actual "trading". It is definitely set up for trading rather than long term investing. There are no mutual funds available on it. But you cant be zero commissions if you actually trade frequently.
Geffely
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Very helpful thread here, I have to say. I would like to ask you about binary options trading too. Do you like it? Maybe you can recommend me some interesting brokers to check out? I like the one called EmpireOption, and it is a really cool one, I have to say. Thank you for your reply in advance!
ToddyHill
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I have three accounts with Schwab...a brokerage account, my IRA, and a Roth IRA. Been with Schwab for many, many years. Setting up an account is easy and executing a trade online is very easy.
AggiePeeps06
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I love Robinhood mainly because of free trades and very easy to use app.

Shameless plug, but if you want to sign up use my code and we'll both get a free stock: https://share.robinhood.com/toddp180
Señor Chang
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Look at the fees your advisor is charging you, as well as all the fees for the mutual funds they put you in.

Compare the performance of your portfolio to the low fee index funds offered by Vanguard or Fidelity. Would you have come out ahead not paying all the fees?

If you want to start trading individual stocks, but are nervous about it, you can always paper trade for a month or two.
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