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  Canada Immigration Forum > About Canada > Stock Market > NEW TO STOCKS NEED HELP FROM STOCK GURU'S
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NEW TO STOCKS NEED HELP FROM STOCK GURU'S




Hello All,

Please bare with me.I might sound really silly but I had some questions about how to buy stocks.I have just been exposed to what stocks are very recently and I am interested. However, I have minimal knowledge and don't want to ask people who might mock me :-(. Anyways I hope you wouldn't judge me if I sound like a child. So,I want to buy stocks but not in a big way I am just a beginner and want to invest small. I have done some research and it seems like I need to open a trading account and I enquired about the same with my bank which happens to be TD. Two things are concerning flat rate of 10$ for every trade and a quarterly fee of 25$ the options to get out of this don't match me :-(.I have been reading some threads in canadiandesi and have come to know about questrade and virtual brokers. Can you guys give me the pros and cons of using these fellas? would there not be a quarterly fee for these? How much would be the commission per trade.Can one of you kind people out there help me ?My husband is not interested so he is of no help to me. Canadiandesi family has always come to my rescue when I needed. So,I came up here with a hope of getting help.

Please and Thank You

Prince77

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http://www.pictaram.com/user/pannapantry/3267403800

 
prince77

Senior Desi
Member since: Apr 05
Posts: 386
Location: Canada

Post ID: 236540 11-01-18 09:01:45
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Full House
Senior Desi
Member since: Oct 12




Posts: 2311
Location:

The First Millionaire(ss)..:

I am a newbie to the stock markets. When it comes to trading, I am way high in the ranks. So, you may ask me how come??!! Each field in its own special way opens up to new situations and you have to know the terminology associated with it before you can claim a good standing.

AND One thing that I know is you are looking for the basics today and tomorrow your knowledge curve would have tweaked so much, you would feel it is very much vertical. If you keep learning at the same pace at the end of the week you will be a Champ.

So, if you don't mind, put a name and address plus a phone number in this link and learn all of it as early as you can. That is just for starters. One more thing that I can assure you, after a couple of years of working hard, I can assure you, YOU will be the first Millionaire(ss) that I know on this Canadian Desi Website. You want to know how is it that I am so sure and you don't even know the basics today?

That is the confidence that I have in me and my instinct tells me that you have the aptitude to take it to the next level and you will not rest till you make an expert of yourself, in this field.

I sensed it just from the request that you made. So, here it is...

THAT was the same subject that I wanted to talk and discuss with all of my colleagues here on DESI, in the title that I stated a month ago called "DIAMONDS."

I knew it is you who will be jumping into the foray prompting me to continue the same there too. I will let this thread and the other one too run side by side and when I do I will feed sufficient materials into both the threads to keep it going and make it more interesting.

And for you here it is for a good-good start...: https://technitrader.com/basics-of-the-stock-market/?gclid=Cj0KCQiA4bzSBRDOARIsAHJ1UO4PWogHCAUfmNI1fOX5eulJQXlimKyScKkxLCxFrYIkrgM_9hfRLwoaAjbTEALw_wcB


FH.
This link below is to let you invest the funds and generate your revenue for FREE. So read and PLEASE ask away all of the questions to get the right answers. Which means you just keep on making the BIG BUCKS and PAY NO TAXES. Yes, I am correct and thats why I was sure you will make it to the finish line first as a !!!!!! Now don't stop there, LEARN the LESSONS First and do it well. I won't send you into the battle field without you being fully ready and with proper arms and ammunition. I want to see you waving a Tricolour flag and with a big smile.
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4466/tax-free-savings-account-tfsa-guide-individuals.html#P44_1110
--
Quote:
Originally posted by prince77

Hello All,

Please bare with me.I might sound really silly but I had some questions about how to buy stocks.I have just been exposed to what stocks are very recently and I am interested. However, I have minimal knowledge and don't want to ask people who might mock me :-(. Anyways I hope you wouldn't judge me if I sound like a child. So,I want to buy stocks but not in a big way I am just a beginner and want to invest small. I have done some research and it seems like I need to open a trading account and I enquired about the same with my bank which happens to be TD. Two things are concerning flat rate of 10$ for every trade and a quarterly fee of 25$ the options to get out of this don't match me :-(.I have been reading some threads in canadiandesi and have come to know about questrade and virtual brokers. Can you guys give me the pros and cons of using these fellas? would there not be a quarterly fee for these? How much would be the commission per trade.Can one of you kind people out there help me ?My husband is not interested so he is of no help to me. Canadiandesi family has always come to my rescue when I needed. So,I came up here with a hope of getting help.

Please and Thank You

Prince77





 
Post ID: 236543 11-01-18 15:58:12
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Full House
Senior Desi
Member since: Oct 12




Posts: 2311
Location:





"Please bare with me.I might sound really silly."

My wife is a very Jealous woman. I also have Painting as a hobby and my arsenal contains a lot of water colours and crayons and different grades of pencils ranging from HB to 6B.

My neighbor is a Drop Dead full figured woman, well stacked pretty and loaded and she would ask my jealous one if "I" would paint a portrait of her in the NUDE! The jealous one said, give me 24 hours and she will have the answer.

When the dead line happened, there was a Knock on the door. Now what is YOUR ANSWER to my request?

The jealous one said. I will let him do it this, just one time. BUTT only under this condition!!!!

???!!! He has to be wearing a pair of socks, at the minimum, so that he can use it to dry his brushes.

How generous?!

Now you are putting me on the spot once again? Right?? I don't want to get caught with we both being BARE at the same time and at the same place and me being in a pair of socks. (Shame shame... All the girls will know my name.) FH.


 
Post ID: 236545 11-01-18 16:44:32
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febpreet
Senior Desi
Member since: Jan 07




Posts: 3251
Location:


Quote:
Originally posted by Full House

"Please bare with me.I might sound really silly."

My wife is a very Jealous woman. I also have Painting as a hobby and my arsenal contains a lot of water colours and crayons and different grades of pencils ranging from HB to 6B.

My neighbor is a Drop Dead full figured woman, well stacked pretty and loaded and she would ask my jealous one if "I" would paint a portrait of her in the NUDE! The jealous one said, give me 24 hours and she will have the answer.

When the dead line happened, there was a Knock on the door. Now what is YOUR ANSWER to my request?

The jealous one said. I will let him do it this, just one time. BUTT only under this condition!!!!

???!!! He has to be wearing a pair of socks, at the minimum, so that he can use it to dry his brushes.

How generous?!

Now you are putting me on the spot once again? Right?? I don't want to get caught with we both being BARE at the same time and at the same place and me being in a pair of socks. (Shame shame... All the girls will know my name.) FH.



FH, your wits never cease to amaze. :).

Keep it up!


 
Post ID: 236546 12-01-18 15:50:21
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Full House
Senior Desi
Member since: Oct 12




Posts: 2311
Location:



I love this Language and the etiquette too. And then, I would certainly help her to get to know all about the Stock Markets right from the basics. Doing research into topics and subject matters that we all live with here, each and every day, and the uncanny knack to delve deeper into it has become my second nature. I will do my best there.

Putting myself at the butt end of a joke is often difficult. But this time, I took it upon myself and the joke is on me. It is surely is an humbling experience. I will own to it.

Thank you and hope I will get many more opportunities to present myself in lighter vein.

No Offence. .. And with kind regards to the O.P.

FH.


 
Post ID: 236547 12-01-18 23:38:11
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Full House
Senior Desi
Member since: Oct 12




Posts: 2311
Location:


It is Good to get to know these basics,

BASIC FUNDAMENTALS..: https://www.tmxmoney.com/en/investor_tools/glossary.html

Here are some terms and the VOCABULARY that is worth knowing. We all can learn and discuss the same at length when the interest tweaks up..

PS I am not really rich. Download this printable cheat sheet for 25 essential stock market trading terms.

Averaging Down: This is when an investor buys more of a stock as the price goes down. This makes it so your average purchase price decreases.

Bear Market: This is trading talk for the stock market being in a down trend, or a period of falling stock prices. This is the opposite of a bull market.

Beta: A measurement of the relationship between the price of a stock and the movement of the whole market. If stock XYZ has a beta of 1.5, that means that for every 1 point move in the market, stock XYZ moves 1.5 points and vice versa.

Blue Chip Stocks: These are the large, industry's leading companies. They offer a stable record of significant dividend payments and have a reputation of sound fiscal management. The expression is thought to have been derived from blue gambling chips, which is the highest denomination of chips used in casinos.

Bull Market: This is when the stock market as a whole is in a prolonged period of increasing stock prices. Opposite of a bear market.

Broker: A person who buys or sells an investment for you in exchange for a fee (a commission). Here is Tims favorite broker.

Day Trading: The practice of buying and selling within the same trading day, before the close of the markets on that day. This is what Tim typically does, although he does have a long-term portfolio as well. Traders that participate in day trading are often called active traders or day traders.

Dividend: this is a portion of a companys earnings that is paid to shareholders, or people that own that companys stock, on a quarterly or annual basis. Not all companys do this. More on it as time progresses.

Exchange: An exchange is a place in which different investments are traded. The most well-known in the United States are the New York Stock Exchange and the Nasdaq, & Nymex. In Canada it is TSX.

Execution: When an order to buy or sell has been completed. If you put in an order to sell 100 shares, this means that all 100 shares have been sold. (100 shares are called a LOT)

Hedge: This is used to limit your losses. You can do this by taking an offsetting position. For example, if you hold 100 shares of XYZ, you could short the stock or futures positions on the stock.

Index: An index is a benchmark which is used as a reference marker for traders and portfolio managers. A 10% may sound good, but if the market index returned 12%, then you didnt do very well since you could have just invested in an index fund and saved time by not trading frequently. Examples are the Dow Jones Industrial Average and Standard & Poors 500.

Initial Public Offering (IPO): The first sale or offering of a stock by a company to the public, rather than just being owned by private or inside investors.

Margin: A margin account lets a person borrow money (take out a loan essentially) from a broker to purchase an investment. The difference between the amount of the loan, and the price of the securities, is called the margin. (The brokers do extend an equal amount when you day trade. It is one for one OR equals the same amount of money that you invest) Then, there are CFD's more on it as time progresses.

Moving Average: A stocks average price-per-share during a specific period of time. Some time frames are 50 and 200 day moving averages. I will show the same to you on the CHARTS.

Order: An investors bid to buy or sell a certain amount of stock or option contracts. You have to put an order in to buy or sell 100 shares of stock. More on ORDER Types in the next Chapter

Portfolio: A collection of investments owned by an investor. You can have as little as one stock in a portfolio to an infinite amount of stocks.

Quote: Information on a stocks latest trading price. This is sometimes delayed by 20 minutes unless you are using an actual broker trading platform. Do NOT use delayed Quotes.

Rally: A rapid increase in the general price level of the market or of the price of a stock.

Sector: A group of stocks that are in the same business. An example would be the Technology sector including companies like Apple and Microsoft.

Spread: This is the difference between the bid and the ask prices of a stock, or the amount someone is willing to buy it and someone is willing to sell it.

Stock Symbol: A one-character to three-character, alphabetic root symbol, which represents a publically traded company on a stock exchange. Apples stock symbol is AAPL.

Volatility: This refers to the price movements of a stock or the stock market as a whole. Highly volatile stocks are ones with extreme daily up and down movements and wide intraday trading ranges. This is often common with stocks that are thinly traded, or have low trading volumes. This is also common with the stocks that Tim trades.

Volume: The number of shares of stock traded during a particular time period, normally measured in average daily trading volume.

Yield: This usually refers to the measure of the return on an investment that is received from the payment of a dividend. This is determined by dividing the annual dividend amount by the price paid for the stock. If you bought stock XYZ for $40-a-share and it pays a $1.00-per-year dividend, you have a yield of 2.5% ( Or for $100 you will make $2.50)

The above are the words or the terms that we use when we start to trade and they should be understood when mentioned in the normal conversation, Hence the basics and the VOCABULARY.
FROM.. TSX : https://www.tmxmoney.com/en/investor_tools/glossary.html

Here is a good start.

FH.


 
Post ID: 236559 16-01-18 15:09:47
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febpreet
Senior Desi
Member since: Jan 07




Posts: 3251
Location:


Thanks FH. I am venturing out to this as well and doing my research these days. The above resources would gracefully add to my knowledge mix :).

 
Post ID: 236568 18-01-18 18:09:20
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