Once you feel more confident, you can decide to add more money to your online account. Don't Drop All Of Your Mutual Funds. There are times you can not trade online because your computer goes on the fritz, an electricity outage, etc., so have a backup plan in place. A limit order is an instruction to buy a security at a specific price. A stop-loss order instructs a security to be automatically sold when it drops below a certain price point.
Information Is King.
It is your responsibility to stay informed regarding companies you invest in. Know The Fee Structure Associated With Online Investing. Fees can add up if you do lots of buying and selling of stocks. For a free copy of their online Internet magazine, stop by our office. Although we do not have any openings at this time, we always accept resumes for future openings.