Comments for Online Investing

Comment on Learning The Stock Market For Beginners by KIRKUK

KIRKUK — Thu, 14 Jun 2012 21:46:10 +0000

Secrets For Profiting In Bull Or Bear Markets by Stan Weinstein available on Amazon,it has questions and answers in each chapter,
my favorite book when i began investing many moons ago ,another one when you become more involved is Mastering The Trade by John Carter

Comment on Brokerage Jobs In New York by Scott

Scott — Thu, 14 Jun 2012 20:18:32 +0000

Selling in most cases including Insurance is done on Commission unless your company will start you out on a draw that you will get started with or at some point have to pay back possibly. 1st get your license and work under someone else to gain some experience say a year or so. then after that if your still liking the business break on out into the business and open your own office. once you get into the business more you will find the more Prestigious firms. However Prestige is one thing and bottom line is another. I’d rather have more money in my pocket and a little less Prestige…

Comment on Stock Market Crash September 2011 by Joe S

Joe S — Thu, 14 Jun 2012 20:04:48 +0000

No one is ever 99% sure about anything relating to the market. If he is so sure, and you believe him, come September start shorting the hell out of some stocks.

But remember, he’s just speculating. Predicting the market is almost a guessing game. You can have all the facts, research, analytics, software, etc… but people still can’t predict the market movement.

Comment on Practice Stock Trading Online by Rick

Rick — Thu, 14 Jun 2012 19:34:53 +0000

Virtualstockexchange.com isnt bad.
I think most online brokers let you trade virtually (no risk no money).
I think ThinkorSwim has a good software that lets you paper trade in past markets.
In terms of teaching you how to trade well that comes with years of experience. Read books, articles, and watching CNBC. If you just mean how to transact a security well it depends on your broker. normally you click the trade button and enter share number and ticker symbol. lol. pretty simple.

Comment on New York Stock Exchange Closing Bell by Bobby D

Bobby D — Thu, 14 Jun 2012 19:30:28 +0000

Why does Congress have a prayer before each session? Why do you were ceremonial robes to graduation?

Tradition!!!

It’s just a tradition that they clap at the end of the day. Tradition makes the world go round.

Comment on Penny Stock Trading Tips by Common Sense

Common Sense — Thu, 14 Jun 2012 19:02:31 +0000

The number one and two typical mistake of new investors;

1. Buy any penny stock.
2. Put a large amount of their assets into one or two stock positions.

Read several books on investing. Take a year & learn.
Don’t get into the “gambling” mentality.

Comment on Brokerage Jobs In New York by Don

Don — Thu, 14 Jun 2012 18:46:01 +0000

They go through a lot of people, the turn over is horrendous. However if you are one of the lucky ones to make it, you can make really big money. Not everyone is cut out for this high pressure fast talking profession. Go ahead and get your series 7 and 63 that will be portable and you might be able to find something that is less pressure that you will be able to use that license.

Good Luck.

Comment on New York Stock Exchange Wiki by Anonymous

Anonymous — Thu, 14 Jun 2012 18:30:02 +0000

Neither, just too well connected.

Comment on New York Stock Exchange Address by juan70ahr

juan70ahr — Thu, 14 Jun 2012 18:29:47 +0000

While the Fed could “try” to conduct monetary policy through the purchase and sale of stocks there would be huge problems with that system.
What stock will be chosen, why would investors buy that stock, why would investors sell that stock, how much money is necessary to cause a significant change in interest rates?OMO deals with the sale of gov’t bonds which are secure long term investments… Once you purchase the bond the value (actual rate does not change) but as the Fed buys up bonds (decreasing money supply) over all rates begin to increase as borrowers try to get “scarce” dollars this encourages greater savings or Fed sells bonds (increasing money supply) and as rates drop it draws in more borrowers.

b. By purchasing foreign currency the Fed lowers the value of the dollar in comparison to that currency – decreasing the supply of said foreign currency that is replaced by the dollar. Although the overall result is an increase in the money supply the result would be a targeted inflation, that is products from that particular country would become more expensive, our products to that country would be cheaper… I’m not as sure about gold but I would suspect that the purchasing of gold would decrease the global value of the dollar…

Comment on New York Stock Exchange History by Kyle Benton

Kyle Benton — Thu, 14 Jun 2012 18:10:16 +0000

Use Yahoo! finance to find your historical prices.
I have made a link that will give you the daily prices from Nov 1, 2010 until Nov 5, 2010.
You just need to insert your stock here, e.g. AAPL for Apple.

http://finance.yahoo.com/q/hp?s=INSERT STOCK TICKER HERE]&a=10&b=1&c=2010&d=10&e=8&f=2010&g=d

you are only concerned with closing prices, not adjusted closed.
In order to find the change in price, or the Holding Period Rate of return
You must use (PriceToday-PriceYesterday)/PriceToday or (PriceToday/PriceYesterday)-1
if you are more sophisticated you will use log-normal returns, which is simply:
ln(PriceToday/PriceYesterday) — there are a lot of benefits to this method, but I won’t get into that. If you are interested research log-normal returns