How to get into online stock trading

How to get into online stock trading - You've contributed the annual maximums to a 401(k) and an ira, you are likely on track to meet retirement goals and willing and able to take more risk by stock trading, so you might want to open a taxable brokerage account with an online broker and trade within that account. You can plow gains back into the stock — or into other companies — but don't add more money to the pot until you know what you're doing and can put research into other companies. General, beginner traders should prioritize customer support, educational resources, and account and trade minimums over things like commissions — which run between and per trade — particularly because you probably won't be trading frequently. 's why it's important to plan how much you want to invest at what price, and determine how far you're willing to let a stock fall before you get out.