Online Trading Tips

Online investing- any hidden fees, have any tips for me?

I don’t have that much experience investing. Im thinking about throwing a couple thousand dollars into an online stock broker like etrade, ameritrade, scott trade, etc. Any startup tips for me? Which site do you recommend? Also, they always advertise $7-8 trades….. does that completely cover the trade fees? or are there hidden charges, commission fees, etc? I’m not good with all the lingo in their terms…..
Yeah thanks Common Sense; Ive been playing around on simulators for about a year and I’m doing alright, just dont know how to actually do it with real money

Scottrade is great if you know what you’re doing. Schwab & Fidelity (Brokerage) may be better if you need a little assistance.

Don’t do anything until you understand investing. Don’t ever take stock tips. Don’t just buy your first stock because it sounds great or it’s “just always going up”.

Learn Learn Learn before you buy one thing. Have a plan. Understand “asset allocation”. Never buy anything without fully knowing it & why you’re buying it (Uncle Joe says it’s going to triple in two weeks is not a reason to buy).

Good luck. The right approach will make you rich slowly.
The wrong approach will make you poor quickly……….

Online Trading Live Day Trading Tips for Jan 7 Part 1