Trading 101: How to Open a Trading Account
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Күн бұрынTrading 101: How to Open a Trading Account
As basic as it may be for some people, when you are brand new and wanting to get involved in the stock market (or any financial market for that matter), one of the 'must have' tools in an actual trading account. How do you open one and then how does it function? If you make money, can you then go and spend it right away? The answers to these questions and more.
The Ultimate Guide to Finding the Best Online Stock Broker - claytrader.com/blog/best-onli...
@DavidRodriguez-ci6dm 6 жыл бұрын
Well done Clay, Thank you for making it simple.
@claytrader 6 жыл бұрын
Cheers
@amitmodi6945 5 жыл бұрын
Call me 9214093510 for open your trading account
@stargazeronesixseven 3 жыл бұрын
Thank You So Much for the tutorial on Opening of a Trading Account 101 ... Many still Greenhorn when it comes to trading! Stay Safe & Stay Humble! 🕯🌷🕊
@claytrader 3 жыл бұрын
Glad it was helpful!
@911mulato 6 жыл бұрын
Great video!
@claytrader 6 жыл бұрын
Thank you.
@hassankamal7670 5 жыл бұрын
What a great video!
@claytrader 5 жыл бұрын
Thanks.
@MrBerry-gh1wc 6 жыл бұрын
Urine samples shouldn't have been required? I need to call my guy, find out what they did with that!
@claytrader 6 жыл бұрын
haha! nicely played.
@bugsbunny9546 4 жыл бұрын
Nice Video! Excuse me for the intrusion, I would love your initial thoughts. Have you tried - Chiveard Doubled Money Framework (should be on google have a look)? It is an awesome one off product for understanding high frequency stock trading without the hard work. Ive heard some awesome things about it and my GF got great success with it.
@babyfacegaming967 6 жыл бұрын
Question!! I want to use think or swims charts for my trading on robinhood , should i open an acct just to get access to that ? Is there any negative sides that i wont use that platform to trade or put money in it ?
@claytrader 6 жыл бұрын
I have no idea because I have no idea what your goals and strategies are. It sounds like, given your very open ended question, you are getting way too far ahead of yourself.
@amitmodi6945 5 жыл бұрын
Hi sir I am broker and we are opening trading account for trading equity commodity market and we are also providing training fof chart Strategies and indicators you also provide we also provide all you can indicators in our trading terminal software call me 9214 0935 10
@TheCourtneyWay1 Жыл бұрын
This is a great video for beginners
@claytrader Жыл бұрын
Glad it was helpful!
@oscarflores1416 2 жыл бұрын
thank you for the info
@claytrader 2 жыл бұрын
You're welcome!
@jonathanjone537 5 жыл бұрын
It is very helpful
@claytrader 5 жыл бұрын
Glad it could help.
@Michael-kv5ff 4 жыл бұрын
How do I open a day trading account? What type of account do I use because tfsa is illegal for day trading right and what is considered day trading and how much do I need in my account I live in Canada btw
@claytrader 4 жыл бұрын
This should help claytrader.com/getting-started/
@CasHRootsTV 4 жыл бұрын
Is it better to open a separate bank account to trade stock or dividend from your personal account?
@claytrader 4 жыл бұрын
That's a matter of personal preference.
@CasHRootsTV 4 жыл бұрын
@@claytrader so my next would be what would you suggest?
@daoldschooltrucker8260 3 жыл бұрын
Thanks buddy
@claytrader 3 жыл бұрын
Happy to help
@robbycressley7147 6 жыл бұрын
Hi clay do you have any advice about the Robinhood app
@claytrader 6 жыл бұрын
I have this claytrader.com/blog/broker-review-robinhood-trading-app/ and this claytrader.com/videos/robinhood-trading-app-potential-red-flag-alert/
@yesthisisvic 6 жыл бұрын
What's your opinion of the Ninja Trader platform, if you have one?
@claytrader 6 жыл бұрын
Never used it. Sorry.
@amitmodi6945 5 жыл бұрын
Every platform have different different strategies and all strategy are working in market but depends on more knowledge about the how to use platform and strategies for no more call me 9 2 1 4 0 9 3 5 10
@kavinvanich Жыл бұрын
thanks bro
@claytrader Жыл бұрын
Welcome
@VideoNash 4 ай бұрын
thanks
@claytrader 4 ай бұрын
You're welcome!
@MrNwn007 Жыл бұрын
can you ''fund'' you trading acc with revolut bank acc?
@claytrader Жыл бұрын
Not sure.
@ddiggems 6 жыл бұрын
Is there a minimum to start? I don't have enough buying power.
@claytrader 6 жыл бұрын
Minimums will vary from broker to broker.
@amitmodi6945 5 жыл бұрын
Hi .. Am a broker you can also start minimum amount some of rupees 5000 only with small stock trading..there are no any condition for minimum area for start trading for more information call me 9214093510
@donfuchs3502 4 жыл бұрын
Yes I'm trying to figure out if their is a minimum amount of money needed this day & age to open an online trading account(this is one important thing you didn't discuss in the video)...I was told (about 15 years ago),you need $10,000.00, to open a trading account,...is this still true,?........
@claytrader 4 жыл бұрын
Hi Don, that is not true. All brokers have different requirements, but most are at little as $500.
@donfuchs3502 4 жыл бұрын
@@claytrader that's Excellent,exactly what I'm looking for,could you do a separate video about this topic,for other "middle class" investors,willing to trade?
@claytrader 4 жыл бұрын
@@donfuchs3502 I'm not sure what you mean by "middle class investors".
@donfuchs3502 4 жыл бұрын
@@claytrader I mean the "working class"of people who work 9-5 jobs,parents couldn't afford to put them through College, make minimum wage,and only get hired as a part-time employee,.....don't have money to invest,because they only make $350.00 dollars a week,and,one day they'll learn how to make $700.00 dollars in 4 minutes,....from watching your videos,.......
@claytrader 4 жыл бұрын
@@donfuchs3502 I know tons of people around my neck of the woods who would hire you for way more than minimum wage. Yes, it's hard work and you'll break a sweat, but it's higher than minimum wage. I'm not sure why you say "middle class" is all of a sudden at the "minimum wage".
@dekiwangmo2868 2 жыл бұрын
Hi, what if I belong to the country without any international trading market…I mean my country don’t have big stock market. It’s only for our country, so how can I be trading for other countries plz
@claytrader 2 жыл бұрын
Look into Interactive Brokers.
@ilyaschebaddane5183 Жыл бұрын
Hey man love youre video's im from belguim can i use a broker from united stated
@claytrader Жыл бұрын
Not sure!
@frankiecaldwell6532 5 жыл бұрын
You said into would pop up on the screne but nothing popped up.
@claytrader 5 жыл бұрын
Yeah, that is no longer being offered.
@mkt106 3 жыл бұрын
I'm under 18. Is the custodial option there or do I have to do something else to make the acc.
@claytrader 3 жыл бұрын
Yes, you'll need a custodial account.
@mkt106 3 жыл бұрын
@@claytrader how do I make this
@claytrader 3 жыл бұрын
@@mkt106 you'll need your parents help
@mayi8367 6 жыл бұрын
How to open account in NYSE form foreign
@claytrader 6 жыл бұрын
Look into Interactive Brokers.
@sohail2318 6 жыл бұрын
please do a video on different types of chart used in trading and what is difference in them like candle charts and bar charts and etc? and bid ask difference effect on profit and loss?
@claytrader 6 жыл бұрын
All that stuff, and much more, found here claytrader.com/courses/
@amitmodi6945 5 жыл бұрын
Dear sir if you want to know more about the trading chart and strategy and you want to open your trading account and getting training about the trading indicator and strategies of charting tool please call me 9214 0935 10 thank you
@faizanalvi3932 3 жыл бұрын
could you open a brokerage account on a foreign passport?
@claytrader 3 жыл бұрын
Depends on the broker. You'd need to talk to them.
@shaneoneil894 6 жыл бұрын
What do you think about robinhood?
@claytrader 6 жыл бұрын
I have a couple videos - claytrader.com/blog/broker-review-robinhood-trading-app/ and claytrader.com/videos/robinhood-trading-app-potential-red-flag-alert/
@atlasdaddy 6 жыл бұрын
Clay, have you ever considered doing a " Chat With Traders " episode with Arron? I am a truck driver and listen to podcasts on iHeart for hundreds of miles at a time. When I stop, I log into youtube as well a Google things I hear from there. The CWT podcast is very professional and I think you would reach a lot more people if you gave it a shot. Just a thought.
@claytrader 6 жыл бұрын
I've been asked, but I have declined. I'm sorta shy ;-)
@atlasdaddy 6 жыл бұрын
ClayTrader If that’s the real reason, then I respect that. If not, there’s a very large market of potential students who do not “KZfaq”.
@claytrader 6 жыл бұрын
You are probably right. Hard to deny that.
@Shawk95 6 жыл бұрын
I have been trying to open an account with Interactive Brokers for years now but they have been making the process so lengthy, over-complicated and arduous that I have not succeeded to-date. They keep raising one objection after another but they decline to say upfront what their requirements to qualify for an account are. Its frustrating.
@claytrader 6 жыл бұрын
Sorry to hear that. We have many members in our chat room who use Interactive Brokers so I have no idea why they are giving you such a hard time.
@amitmodi6945 5 жыл бұрын
Hi sir am a broker if you want to open your trading account in our company with lowest brokerage hand best technical and fundamental support we are also providing training for trading indicators and account opening process is very easy please call me 92140 935 10
@thrayblackgold2252 4 жыл бұрын
Hey, Am in Morocco and would like To invest in thé US Stock... which brokers could i use To start trading
@claytrader 4 жыл бұрын
Interactive Brokers, maybe?
@thrayblackgold2252 4 жыл бұрын
@@claytrader yeah n which brokage
@claytrader 4 жыл бұрын
@@thrayblackgold2252 i told you: Interactive Brokers (that's the name)
@fatymad6383 4 жыл бұрын
خويا ممكن تشرح ليا اش هادشي؟
@allannganga3795 Жыл бұрын
Hello Mr I have a promble with my trading account settings
@claytrader Жыл бұрын
What is the problem?
@allannganga3795 Жыл бұрын
@@claytrader I'm unable to sett my derive account
@claytrader Жыл бұрын
@@allannganga3795 you'll need to talk with your broker.
@allannganga3795 Жыл бұрын
@@claytrader can you give me your WhatsApp number so that I can send a screenshot
@claytrader Жыл бұрын
I don't have WhatsApp.
@Shesh_Bobo247 Ай бұрын
😂Some Nigerians are good too u know Commenting from Nigeria 😊😊
@claytrader Ай бұрын
:-)
@Shesh_Bobo247 Ай бұрын
@@claytrader nice job sir it was superb Do you have video on how to analyze and trade 😌
@claytrader Ай бұрын
@@Shesh_Bobo247 These are the types of things I talk about with premium members, so if you're interested in "talking stocks/trading in general", you are more than welcome to join my private community - claytrader.com/team/
@coydogdentist 4 жыл бұрын
Where does taxes take place in this board?
@claytrader 4 жыл бұрын
You pay taxes at end of year.
@coydogdentist 4 жыл бұрын
@@claytrader do you have a video or an article on this process and the do's and don'ts that help you keep more of your earnings?
@claytrader 4 жыл бұрын
@@coydogdentist nope... i'm by no means a tax expert
@gracegaur8890 Жыл бұрын
How do you transfer profits from trading accounts to shakepay?
@claytrader Жыл бұрын
You would have to ask shakepay.
@gracegaur8890 Жыл бұрын
@@claytrader is there not any standard procedure? Is the trader supposed to transfer the funds to the wallet?
@claytrader Жыл бұрын
@@gracegaur8890 you can do whatever you want
@gracegaur8890 Жыл бұрын
@ClayTrader I am not the trader, actually. I am trading through someone else, but my trader is not transferring my profits to my wallet. I wanted to know if I can do that by myself?
@claytrader Жыл бұрын
@@gracegaur8890 sounds like you got scammed
@marioadabachy 6 жыл бұрын
Can you tell us which broker you use?
@claytrader 6 жыл бұрын
Give this a look claytrader.com/blog/best-online-stock-broker/
@amitmodi6945 5 жыл бұрын
Sir if you want to open your trading account you can contact me 9214 0935 10 we are providing with trading facility with best trading platform and we are also providing the support and research to a client you are also providing Training for chart and strategies
@davidshamaki4727 Жыл бұрын
😅 Nigerian prince got me. the movie "the Nigerian price will suffice"
@claytrader Жыл бұрын
:-)
@SundayOpoke 2 ай бұрын
Hello
@claytrader 2 ай бұрын
Hi!
@darksting9481 3 жыл бұрын
what's the ACH
@claytrader 3 жыл бұрын
Direct depositing of money from your checking account.
@USISCOLLAPSING 8 күн бұрын
Stands for Automatic Clearing House
@rodrigogonzalez2135 2 жыл бұрын
So you dont need an alternative like online bank account
@claytrader 2 жыл бұрын
You need an online broker.
@tariqsoomro2016 3 жыл бұрын
which account should we open in brokerage
@claytrader 3 жыл бұрын
That would depend on your goals and strategy.
@wailxgmr4980 5 жыл бұрын
How to know if a broker is legit
@claytrader 5 жыл бұрын
Check to see if they're signed up with proper regulators.
@3blueside226 5 жыл бұрын
Can you recommend a good online broker please.
@claytrader 5 жыл бұрын
You are too far ahead of yourself. Here's what I mean claytrader.com/videos/brand-new-trader-need-online-broker/
@TTP_Meytar Жыл бұрын
Today it's better not to work hard and open your own account, mess with the company you want to open an account with, mess with the bank, transfer funds, it's better to pay a company that finances trading accounts like Trade the pool and that they take care of everything for you and you're not trading on your own money either, so the loss is on them
@claytrader Жыл бұрын
That's a great way to get scammed.
@bennimotswasele7275 2 жыл бұрын
Please send me a link to open an account for trading with a legit broker
@claytrader 2 жыл бұрын
Here ya go: a.webull.com/i/ClayTrader
@cheskys.5910 3 жыл бұрын
Automated Clearing House
@claytrader 3 жыл бұрын
Indeed
@brittanyb1931 6 жыл бұрын
Lmao I bet someone is going to comment their Robinhood referral link for a free share of stock.
@claytrader 6 жыл бұрын
That was the worst thing Robinhood ever did. The amount of those spam links I see is disgusting lol
@brittanyb1931 6 жыл бұрын
ClayTrader so I joined your inner circle
@claytrader 6 жыл бұрын
I just saw that! Welcome aboard!
@keesvanderkeeslll6343 4 жыл бұрын
what if your under 18 and your parents doesnt agree?
@claytrader 4 жыл бұрын
Then guess you need to wait til you're 18.
@generalwealthShorts 4 жыл бұрын
ClayTrader nah that’s too long
@keesvanderkeeslll6343 4 жыл бұрын
@@generalwealthShorts facx
@keesvanderkeeslll6343 4 жыл бұрын
@@generalwealthShorts facx
@mybirjitthangjam7388 3 жыл бұрын
Same situation 😇
@behruzmustafakulov3825 Жыл бұрын
WoW I’m 17 😢
@claytrader Жыл бұрын
1 more year!
@peterokere1438 2 жыл бұрын
Thanks,but not all Nigerians are criminals.to single Nigeria out is quite sad.
@claytrader 2 жыл бұрын
Well, your country needs to get a better handle on things.
@maryeke1331 4 ай бұрын
🇳🇬 werey @@claytrader
@juanm802 6 жыл бұрын
haircut?
@claytrader 6 жыл бұрын
I think so.
@amitmodi6945 5 жыл бұрын
The haircut value is decided by exchange every stock of a category have haircut value around 60 to 65% For more information call me 9214 0935 10 I am a broker for stock market and commodity market
@user-ql3ws5uz1d 6 жыл бұрын
Sometimes I can't tell if you are being serious or sarcastic when you say something lol
@claytrader 6 жыл бұрын
I'm mysterious like that ;-)
@amitmodi6945 5 жыл бұрын
Sir different different market have different different strategies depends on you how you are using we are also providing it training facility for our clients and I am a stock broker if you want to start trading with us you can call me 92140 93510 we are supporting the our client technical fundamental and providing training also for more earning to our client
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