Updated: Jul 15, 2020
𝗪𝐡𝐚𝐭 𝐈'𝐯𝐞 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐬𝐭𝐨𝐜𝐤𝐬 𝐨𝐧𝐥𝐢𝐧𝐞: 𝐓𝐢𝐩𝐬 𝐚𝐧𝐝 𝐭𝐫𝐢𝐜𝐤𝐬 𝐰𝐡𝐢𝐥𝐞 𝐲𝐨𝐮'𝐫𝐞 𝐬𝐭𝐮𝐜𝐤 𝐚𝐭 𝐡𝐨𝐦𝐞🤓⬇️
In these times of self isolation and stock market disrupt, more than one person has reached out to me to ask how I trade stocks. I have been buying and selling stocks online for about 3 years and have had some measure of success with it, but have also learned a lot of lessons the hard way. I wanted to pass some of that onto anyone who is equally as interested.
The 2 apps I use are:
If you use either of those links, you and I both get some free stocks, so that's a win-win.
For new stock traders, I highly recommend Stash. They have a more streamlined interface and help recommend a diverse portfolio. I don't completely agree with their "investing points" education platform because it doesn't follow closely my own investing desires but it's highly beneficial to individuals who would like to learn more. I recommend ETF's for new traders. These blends of stock portfolios are already diversified and offer a lower risk option for growth.
Robinhood is great if you desire to buy/trade individual stocks or trade on stock futures (something I'm just now getting familiar with). The interface is considerably more complex but is great for a moderate-advanced at home trader.
Both of these apps do take a few days to verify identities and to link up with bank accounts.
I don't recommend stock trading for individuals looking to "Get rich quick". The stock market is great for long term investments. Never invest in something you don't understand or don't believe in. Before I buy/sell stock I reference multiple different sources for guidance. Some resources I use:
If you have any general questions, comment below, I would be happy to share what I know.