Description: The passage is mainly about scottrade login, which introduces how to buy and sell stocks in the stock market on Scottrade using the Scottrade dashboard. The actions of buying or selling the stock isn’t what makes you the money. Owning the right stocks and knowing when to buy and sell is the key.
Today I’m going to show you how to buy stocks on the Scottrade. First step would be inputting your account number, your password and you single click login. You logged into your account. It will take you to your home page and you can see the amount of money you have in your account.
If you have enough money, you simply go to trade and you can buy and sell stocks. If today you want to buy stocks on Scottrade, you simply go to buy now. If you want to buy five shares, you can put the five, you can put the stock symbol.
It tells that my bond is to stock Apple, you input the stock symbol for Apple which is AAPL, then you have the options forward side, the main options mainly will be market or limit. For market it’s the best available price at the market for that day.
For a limit it is a custom amount, you can purchase stock, if you don’t want to purchase Apple for 158, you want to purchase it at 155, if Apple ever hits 155, Scotttrade will execute that order for you.
You can have the option for duration, if you click today, if Apple hits 155 today, you buy that stock. If it doesn’t, we’ll cancel that order. You want to do it until cancelled, the order will last until you cancel it.
If everything looks good, you simply go to review order and you have to see the estimated commission will cost you to purchase a stock which is 695, make sure if you’re buying stocks, because every time you buy and sell it, it will cost 695.
If everything looks good, simply go to a place order, that’s how you purchase the stock on Scottrade. If you change your mind, simply go to my account order status and cancel the order. If it’s already been executed saying the stock hit 155, it’s been purchased, you can go to back to trade, you can cancel, you sell the stock back. It will cost 695 to buy and sell.