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|Subject: Re: New Fool beginner||Date: 11/19/2012 11:28 PM|
|Author: Quillnpenn||Number: 259676 of 269236|
re: hand holding
re: brokers do not except cash, must be a check deposited into your account.
review the above list of discount brokers with minimum donations required to open an account.
When making a purchase for the first time, use limited orders only. Same for when selling.
http://www.investopedia.com/terms/l/limitorder.asp#axzz2CjSR... click on the video.
http://www.investopedia.com/terms/g/gtc.asp#axzz2CjSRxoAB when buying the stock, check off the box GTC 'good 'til canceled" meaning....tell the broker to keep trying for a given amount of time until the deal is done and the stock has been bought or has been sold.
If you need hand holding for the first time, I would recommend that you visit the office of a broker such as Scottrade and they will gladly walk you through the procedures step by step. Or ask a close friend or a family member for guidance in making your first purchase.
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