Stock Trading Speaker
Posted on October 29, 2008
Filed Under Trading Education |
I was looking around for a speaker for our next a href=http://www.tradeking.com/ target=’_blank’online trading/a meeting, when I came across Hillary, a friend of my sister, who had worked for a real brokerage company. I asked her if she would like to speak, and she said yes, even though it was so early in the morning.brbrHillary entered the meeting dressed in a business suit. Even though she was no longer working for the brokerage company, she wanted to present a business like appearance. brbrShe began the meeting by repeating some of the things we discussed the other week; namely that any investors do their best to ensure the brokerage company is solid financially, and secondly, that they have a good operations record.brbrThen she added some more things about online stock trading. brbrBe sure to look into the privacy policy of the firm. They are different. You donrsquo;t want your private information going out all over the place, and some less than reliable firms do sell information, or make you think that you have opted out, but really havenrsquo;t. The message was, to be vigilant.brbrAlways be sure you know the commissions and transaction costs. They can vary a lot between companies. Know how and when they can change, too.brbrA third thing is to make sure that the company has not gotten in trouble. You can check this through your local securities division, where you can also verify registration status. Complaints can also be filed here, if ne-cessary.brbrHillary promised to come back and provide some basic stock research information for those who needed it, and to talk in depth with the more experienced traders, like John. She also agreed to discuss online options trading. br
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