Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [online-trading]

To be used for questions related to carrying out trade online. Typically used in the context of Stocks trading, can be used for Options or other trades. Related tags are trading, trading-volume, day-trading.

To be used for questions related to carrying out trade online. Typically used in the context of Stocks trading, can be used for Options or other trades. Related tags are trading, trading-volume, day-trading.

118 questions
82
votes
7 answers

Is this work legal? Someone promises payment for converting money transfers to Bitcoin

An online company hired my friend as an account assistant. They told him they are a business consulting firm, and that they need an account assistant in every area. His job is the following: Some companies send money to my friend's account by…
ashif antor
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49
votes
14 answers

Is it a good idea to copy a trader when investing?

I constantly get bombarded with an etoro commercial on youtube about a feature where you can replicate someone else's trading activity in real time. More details here. You select another trader and then you copy what he or she is doing, to get the…
Pips
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36
votes
4 answers

Why would a trading platform only allow withdrawal to the source of payment?

I have noted that a few online trading platforms have the following policy for withdrawal: they will send money using the same channel which the user deposit in the past. For example, if I deposit using PayPal, they will send me money using PayPal.…
kevin
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10
votes
2 answers

Ways to avoid being labeled a pattern day trader

Other than the obvious answer of "don't day trade" what ways can I avoid being labeled a pattern day trader. I've read the rules for when the label is triggered but I'm wondering about some real experiences and interpretation of the rule because…
Justin Ohms
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8
votes
3 answers

Can I open an investment account in the United States as a Green Card holder?

Can a green card holder open a Schwab investment account as a normal US citizen would, or most they open an International account? Funds to use would all be coming from a US bank and not overseas.
Erik
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8
votes
1 answer

Transitioning from paper-trading (demo trading) to real trading?

I have two questions here: When one first starts trading, what are some things that one encounters that paper-trading does not prepare one for? The most common response I see for this question is, generally speaking, psychology. Novice traders…
Jake
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8
votes
2 answers

How Does A Special Memorandum Account Work

I've noticed that a lot of brokerage firms mention Special Memorandum Accounts (SMA) within the context of calculating margin requirements for margin accounts. Can anybody explain or perhaps direct me to resources for understanding how Special…
Andrew
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8
votes
4 answers

Why did my limit buy order execute at a lower price?

A few weeks ago I started to trade American stocks. I have an IB account. Yesterday, I encountered a strange situation. I'm using the IB API. 9:30:56 I sent a limit buy order to IB (Buy MSI at 54.06). 9:31:18 I saw that MSI was trading below this…
Ilya Vishnyakov
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8
votes
3 answers

When I buy a stock, should I track the bid price?

If I bought a share for $1000 (bid: $996, ask: $1000) and I want to take a profit of $20, should the stock price move up by 2% (20/1000) or 2.4% (20/1000 + 4/1000)?
huab
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7
votes
3 answers

How can I verify that a broker I found online is legitimate?

Are online stock trading sites like Scottrade and ShareBuilder safe? Or, are they scam sites?
user5800
7
votes
2 answers

If I buy a preferred stock before ex.dividend, will I get the dividends from the first time or there is more time should I hold it before getting it?

If I buy a preferred stock before ex.dividend, will I get the dividends from the first time or there is a longer period of time should I hold the preferred shares before getting its dividends?
huab
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7
votes
1 answer

When trading indices, what are we buying?

When trading indices (like s&p 500, nasdaq 100...etc), Are we buying share/fraction of shares of every stock in it (like ETFs)? or we are just betting that the number(value) of this index (for example s&p 500: 4190.33 as its today) wil go up or…
huab
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6
votes
1 answer

why some brokerage does not allow uncovered (cash secured) put via online order?

In past, I had brokerage accounts with Vanguard and I have option level approved for writing uncovered put( Level 4). I could place covered call orders via the website. But to place uncovered put ( that were secured by cash ), Vanguard online system…
Ayush Agarwal
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6
votes
1 answer

what is DEMAT equivalent in USA

I am new to USA. In India to trade in market one needs a Demat account and a trading account. but In USA, when I opened an account with a reputable brokerage there was no mention of an account similar to Demat. …
Neil
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5
votes
5 answers

Is it possible to trade CFD without leverage?

I'm new to trading. Based on what I read, trading CFD involves high risk because of leverage. Is it possible to trade CFD stocks without leverage (in Etoro for example)? If this is possible, then I would lose/gain only the percentage by which the…
EasternRiver
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