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Online Share Trading

When you start online share trading, you have some very important questions to answer such as:

Which broker should I use?

How much risk am I prepared to take?

Which stock market sectors am I interested in?

What kind of returns would I be satisfied with?

Which time periods do I went to trade?

Do I want to trade on fundamentals, technical's or both?

Am I fully aware of the risks?

Do I have risk capital?

Make no mistake about it, share trading is running a business. You need to have a solid plan that can firmly answer all of the above questions.

If you can answer these questions confidently and realistically, you may be ready to find an online share trading account. For this feel free to visit my discount stock brokers page. On this page I analyze many different brokers to help you compare online share trading costs.

I cannot stress enough how important it is to find the best online share trading broker for your trading style. Some brokers charge less than $5 per share trade whilst others charge in excess of $20! I'm sure you can imagine how this kind of price difference can quick effect the money that ends up in your pocket!

If you are not yet ready to begin live share trading, the next step is to get some further share trading education. Remember, when it comes to stock trading, failing to prepare really is preparing to fail. Make sure you have a good understand of factors such as:

Broker fee structures

Stock market sectors

Risk management

Technical analysis

Fundamental analysis

Dividends

Blue chip and growth stocks

IPOs

Short selling

If you need to further your education, feel free to go over to my stock trading basics page.

Now on for some of my share trading tips:

Only begin trading when you can answer all the above questions.

Spend time practicing your trading on an online share trading game before you trade with real money. For more information on this visit my simulated share trading page.

Sometimes share trading software can be a useful aid to trading. Whether it's in the form of charting software or software to help you pick sticks.

Examples of software to help you pick stocks includes:

Marketclub
Stock Assault

Examples of share charting software include:

stockcharts.com
amibroker.com

As well as reading websites like this one, there are many good share trading books available to help you. I talk more about these on my stock trading books page.

Zecco.com - The best value in online trading

Brokers that I use