What online stock trading site can I use to trade GSX and DUSS.OB and other penny stocks?

Just wanted to know if there was a site that did this, or what my options were. Thanks

Pretty sure most discount brokers will allow for that. The only one I’m skeptical of would be scottrade – sometimes they get a little picky (Almost positive I have bought and sold DUSS with them before though). If you are looking for a quick overview of penny stock brokers check out http://www.otcpicks.com/2016-penny-stock-brokers-10-you-may-want-to-look-at.htm

Some brokers are definitely better than others but it comes to down to individual preference and comfort. While I may like Interactive Brokers, a new investor may hate the learning curve and the hoops to open an account. You may prefer etrade cause it offers a little bit of everything. Anyways the link is a solid place to get started research wise.

What are some of the best stocks to buy right now (july 2009) in order to profit when the recovery takes place?

Which stocks are you buying? My impression is that buying stocks cheaply now can increase your portfolio tenfold when things get back to normal.But some stocks will rise higher than others of course.Which are the most undervalued stocks right now?

GE is a good choice, but also put money in commodities, such as Metal, Oil etc.. Since at the moment China and India are developing quickly they’ll be using automobiles more, and the governments recovery plan, so putting it in an oil company such as Shell would be smart. Apple is also good. I’ve put 250 dollars in a clothing brand called American Apparel, it looks to have some kind of future as well, at least i hope so

what time does the london stock exchange stop trading?

4:30 in London.

I’m 16 and looking to start investing. How can I begin and how much money should I risk at first?

I have always been interested in the stock market and how it works, and I believe that I am not old enough and mature enough to invest. I have had a $8 an hour job for about a year now, so i have a good amount of money to start with. But where should I start? How much money should I put at risk for my first time? Where can I find a good source to learn even more about investing? Thanks in advance.

My brother started investment accounts for my children, two own stock in Southern Company, two in PSE&G (both are utility companies). Their accounts were started with $250 invested directly though the companies. Many companies have direct buy programs which require low investments to start. He puts $100 into each account for them each birthday and Christmas. It is really easy to do. You can try to go to the company’s websites and get information there. I think Coca-Cola has a similar program. On the other hand, starting a Vanguard IRA at your age would be a great option, you can learn more by going to www.vanguard.com. Both the options I described are long term, stable investments with low or no costs. Good luck! If you want to learn more, Money magazine is great for learning about investments, I also like "The Motley Fool" investors, both websites are informative and legit.

Steve Nison’s Candlestick Trading course any Good?

I was thinking about purchasing the book or DVD’s. Anyone have any good advice? Much Appreciated for a new investor in the Forex.

Steve Nissan’s book on Candlesticks is considered one of the best on the subject.

I traded FX for a year. So here are some suggestions, if you’d like;
Continue to read as much as possible.
The brokers don’t have your best interest in mind (most of
them use trading desks).
The brokers and vendors lead you to believe that everyone is succeeding in FX. Over time it’s less than 4%.
I’ve taken the trading skills I learned from FX and use them for swing trading stocks. I’m doing "OK"…. but I’m profitable and my month by month results are trending up nicely.

MOST IMPORTANT: The most important key to trading succesfully is;
Good money management (stops, targets etc.)
And most important…. Position Sizing!!!!!!!!!!!!!!!
Hoping, wishing, expecting have no place in trading.

If FX doesn’t work for you….. continue reading. It will help in other areas (ie, stocks).
Books I like for trading psychology;
Disiplined Trader, Mark Douglas
Trading For A Living, Elder
In The Zone, Mark Douglas

General stock books;
Mastering the Trade, Carter
Trade Your Way To Financial Freedom, Tharp

I’ve read countless books on FX. I have none to recommend. I have plenty to sell you!

How can I buy stocks and trade online?

I just finished watching Oprah and they were discussing stocks. I’m absolutely fascinated with learning how to profit from the stock market. However, I really have no clue what to do or where to start.

Can alot of money be made within a day or so or does it take months to make a profit? Say a stock rises $20 in one day and I have 20 shares. After seeing that could I just sell my stock? Who do I sell to?

I’d like to do this online and I have watched that money show with that crazy guy screaming and he gave the name of 4 stocks that are a good idea to invest in. I’d like to start with a safe company and then see how I do.

I know there’s a million questions and sites about this out there but I was hoping to get an answer from someone who actually trades stocks online.

Important: ONLY answer this question if you trade stocks online. Other answers will just be given thumbs down or reported for spamming.
I have $7,000 coming in two weeks. I can take $700 out of that to use on the stock market.

To answer your questions:

1) You can make a lot of money on the stock market–the Dow Jones Industrial Average, the most commonly used listing of stocks, went from 66 in 1900 to 13,207 as of today’s close–but don’t expect to make a huge fortune overnight. Stocks are volatile–you may see a stock you buy double in a few weeks, (though this is pretty rare) lose half its value in the same period of time, (also, fortunately, rare) or go nowhere for months or even years. Over the long term though you can make a huge amount of money if you play your cards right.

2) If you purchase stock then that stock is your property and you can buy it or sell it whenever you please. Note however that most brokers will charge you a fee for doing it, and you also have to pay taxes on profits made in the stock market (unless you trade in a tax sheltered retirement account) so its a good idea to make an investment and stick with it.

3) You’re probably thinking of Jim Cramer. Cramer’s a smart guy, but don’t ever just run out and buy a stock because someone on TV recommended it.

4) To get started you’ll want to open an account with a low cost brokerage (a middleman who buys and sells stock for you). Try www.tradeking.com or www.zecco.com. I have an account with Tradeking I use for options and generally like them, as they have low commissions and don’t require a minimum initial investment which is good if you want to stick in a few hundred dollars to get your feet wet. IMPORTANT if you use a different broker make sure they don’t charge you an account maintenance fee or another fee for simply having an account open.

If you want to be conservative you can buy SPY or IVV–these are two mutual funds that trade on the stock market like stocks, and each holds stock in the 500 biggest companies in the US. If you buy either one you’ll effectively own 500 companies, which is an extremely safe long term investment. If you want to own individual companies I recommend you go with well known companies that have strong brands: for example I doubt that Harley Davidson (HOG) or Apple Computer (AAPL) are likely to go out of business anytime soon.

Two other things: decide how much money you want to invest in a company (say $300) and then buy that much stock. Don’t worry about how many shares you can buy– a thousand dollar investment is a thousand dollar investment regardless of wether you’re buying two shares of a five hundred dollar stock, or a thousand shares of a dollar stock.

And finally if you should lose a bit of money when you get started don’t worry about it too much. Everyone loses money occasionally.

Good luck!

What retail stocks are doing good in the market?

I need to pick a retail market for school and I would like to know if there are any particular stocks that I should know about to pick. I would like a stock that is doing good.

Nordstrom does OK since it’s clientele tend to be recession proof,

Amazon.com will likely continue to perform well as the economy improves and Wal-Mart will trudge along,,

True Religion and Abercrombie & Fitch will likely to do better when the young crowd start buying stuff again,

Other than getting lucky retail stocks are pretty much a pick-em’ ,,,

Who are the people who shout on the trading floor in the stock exchange?

What group are they? The day traders?

Yeah in order to get onto the floor of the stock exchange these days you have to pay a lot of money and get permission. Professional traders are the ones who crowd the floor screaming (according to the stereotypes). Since most trading these days is done online though, the exchange floor is quite a bit more organized.

What is real estate investing and is it good to invest in it?

Im in 12th grade about to graduate and plan on investing, How would you invest in real estate threw ETF’S? or something else? are their any negatives investing in real estate?

An ETF for REITs you mean?

Any way there are several ways you can begin to invest in real estate. A REIT or real estate investment trust is a kind of stock that represents a share in a RE investment company. REITs usually specialize in rental housing or commercial property. There are many specialties within these categories as well. Law requires REITs to pay out almost all income back to shareholders as dividends. REIT shares are usually pretty easy to buy and sell, so they are a decent way to start.

If you want to be a real real estate investor however, you have to buy and lease or sell property in your own right or with partners. One of the key reasons for this is leverage. When buyinf REIT shares you are buying straight-up equity. But when you buy a shopping center or rental house, a bank will lend you part of the money to buy, freeing up more cash to make improvements or buy additional properties.

This ability to leverage, receive income and tax deductions while realizing capital appreciation, (real estate inflation) over the long term is what makes RE investing so powerful. Most rich people in the US made a substantial portion of their fortune through RE investing, Good luck

Has anyone taken Chuck Hughes Options Trading Course?

I received an ad in the mail and wondered if it is a legitimate course?

Options are very difficult to make money consistently on. 85% of them expire worthless. Don’t invest more than you can afford to lose in options.