Buy and sell stocks on etrade

Author: Evgenich On: 13.07.2017

The cost of your trade will likely be lower than with a traditional brick-and-mortar firm as well. Choose the type of account you want to open, such as a regular investment account or an individual retirement account. You'll have to provide the same information as if you were opening an account with a traditional firm, including your name and address, date of birth, Social Security number and relevant financial information, such as your employer's name and address.

You can fund your account with either a check, a wire transfer or the transfer of another account. Research stocks for purchase. Before you pick a stock to buy, you should analyze which stocks are most likely to help you achieve your investment goals.

Some stocks offer the potential for high returns but carry high risk, while others are less exciting but more reliable. Look at analyst reports, company earnings, market trends, the price and valuation of the stock and other factors to help you pick the right stock for your account. This step is particularly important if you are using your investment funds to buy only one stock.

Choose your method of investing. You must download an app if you want to trade stocks on your mobile device. Enter the order type, which will be "buy" for your first stock trade. Enter the number of shares in your order, along with the stock symbol you want to purchase.

Buy Stocks | Trading Stocks Online | E*TRADE

If you want to execute your order immediately, enter "market" under order type; otherwise, select the appropriate time or price modifier, such as "market on close" or "limit.

If you want your order to last longer than the current day's trading, enter a time modifier, such as "good for 60 days.

Review and finalize your trade. After entering all relevant parameters, click "preview order," review the order, then click "place order" to make your first trade.

buy and sell stocks on etrade

After receiving a Bachelor of Arts in English from UCLA, John Csiszar earned a Certified Financial Planner designation and served 18 years as an investment adviser.

Csiszar has served as a technical writer for various financial firms and has extensive experience writing for online publications. Each week, Zack's e-newsletter will address topics such as retirement, savings, loans, mortgages, tax and investment strategies, and more.

buy and sell stocks on etrade

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. These returns cover a period from and were examined and attested by Baker Tilly, an independent accounting firm. Visit performance for information about the performance numbers displayed above.

Skip to main content. More Articles How Do I Get the Best Price on a Stock or Commodity Trade?

buy and sell stocks on etrade

Typical Stockbroker Fees E-Filing Tips to Save Time and Money How to Monitor Stocks With Respect to Options. Step 1 Open an account. Step 2 Fund your account. Step 3 Research stocks for purchase.

Step 4 Choose your method of investing. Choose Your Account SmartMoney: Place a Stock Order. About the Author After receiving a Bachelor of Arts in English from UCLA, John Csiszar earned a Certified Financial Planner designation and served 18 years as an investment adviser.

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