This is the stage where stock brokers make their billions; this is a time when, if you are not very careful, you will play right into the hands of greedy brokers. More so as they have been starved of action for many months now. Surely, ugly stories will still be heard about another type of internal manipulation.
There are investors that filled purchase orders at market price and without time limit and left such with their brokers, as prices rise, these brokers will now fill such orders and buy for you at the zenith of the rise, guess where they will get the shares to sell to you? From their reserves of course, selling to you from the ones they accumulate now and tell you its scarce in the market.
Another type of this same practice is where you fill sell orders and leave with your brokers when prices were still high, like three months ago. There might be no buyers then and you will forget about the order, thinking it has expired. Some unscrupulous brokers, sorry breakers will now get up and sell your three months old orders at 50% less the price you had in mind when trying to sell (remember we were all begging to get the stocks sold, so no limit prices then)
They will be the ones buying the stocks!
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Thanks for sharing the great stock broker tricks How To Become A Stock Broker From Home
We’re going to break down stock trading training for beginners so it doesn’t seem scary. One of the first things you need to do when you start out is to pick a good broker. A stock broker is going to be where you do all your business. Picking one that has large commissions and fees can be detrimental to a beginner.
An important second step is going to be learning how to read a stock chart. The stock chart holds all of the clues to which direction the stock is going to move. Watch our ThinkOrSwim video on charts setup.
Another great resource for learning to read a chart is stockcharts.com. They have a chart school for any questions that you might have. Charts can look like Greek when you’re starting out. The more you look at a chart, the more you’ll understand it and be able to predict trends.
We’re going to break down stock trading training for beginners so it doesn’t seem scary. One of the first things you need to do when you start out is to pick a good broker. A stock broker is going to be where you do all your business. Picking one that has large commissions and fees can be detrimental to a beginner.
An important second step is going to be learning how to read a stock chart. The stock chart holds all of the clues to which direction the stock is going to move. Watch our ThinkOrSwim video on charts setup.
Another great resource for learning to read a chart is stockcharts.com. They have a chart school for any questions that you might have. Charts can look like Greek when you’re starting out. The more you look at a chart, the more you’ll understand it and be able to predict trends
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