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How To Buy Stocks For Beginners 📈 OPENING A TRADING ACCOUNT

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Text Comments (327)
Ryan Scribner (10 months ago)
After you open your trading account, you need to find a stock to invest in! Check out my free course on *How To Find A Great Investment* here: http://cli.re/GRdkZN
emmanuel cédric (5 months ago)
Is it possible for international student to trade stocks or open a brokerage account?
91684 Scripts (6 months ago)
Ryan Scribner why should you have good credit before you buy stock.
Steven L. Gibbs (6 months ago)
Friends, I have personally used *_-OptionStars-_* before. I have been with the system for two weeks. But very unfortunately I lost my money trading with the help of this program. A friend of mine who is also an expert trader suggested me *_Expertoption._* I have been using this 100% profit system for last 3 weeks and I have been rocking with good profit. This *_Expertoption_* is capable of providing with right signal in right time to buy or sell (put or call). It's a great program most particularly for newbie traders. Also there is good option for trading. You can check it by visiting their site: https://promo.expertoption.com/platform-advantages/?refid=15898
buck tooths (18 days ago)
I set up an account on e trade. took 30 minutes. they did need my social and address. took 30 seconds to add money into my account. download yahoo finance to find what companies you want to buy shares from.
Blue Vega (22 days ago)
Not buying your book I dont even have 100 dollars in my bank account
Parth Nikumbh (2 months ago)
Which books you have read before you started trading??
Unique Mitchell (2 months ago)
This was sooooooo helpful and informative. It's exactly what I was looking for. A step by step guide. Thank you! Your knowledge and content is much appreciated! 😄
Ryan Scribner (2 months ago)
Glad this helped you out thanks for watching!
Shayne Lacey (3 months ago)
RIP to that red pen....
Daniel j (4 months ago)
this has been VERY HELPFUL! thank you! :)
Ryan Scribner (4 months ago)
Thanks for watching!
Herbert Grunkin (5 months ago)
fallout fan!!
Benjamin Benitez (5 months ago)
Is your book on Amazon Kindle..?
Jay Pee (5 months ago)
Ally invest, I'm @ 3.95 per trade.
Jean pierre Foussa (5 months ago)
Andreas (5 months ago)
Hey Ryan **IDEA FOR NEW VIDEO ** Make a video about how a non US resident who don't have VISA for U.S lets say a resident of Europe as example, can buy and have exposure to entire U.S market since some of the best Vanguard securities outside of U.S most brokers don't have.
Cjp Emata (6 months ago)
How to sell or buy stocks online or by the phone.
Robert Uceda (6 months ago)
Ryan, I signed up for a Jason Bond who claims to have proven strategies to win in the stocks and bonds trading. I am trying to open up a TD Ameritrade broker account with the low balance option (since I cannot afford to be a day trader $10,000+ account starter). How can I acquire your book "the ultimate guide to stock market trading"?
Alisha Babbar (6 months ago)
This was so helpful. Thank you Mr.Awesome
Money Matters (6 months ago)
his little story about buying a car, I had the exact same thing happen to me. Lucky me, I sold during a point where there was a small return on my investment but it could have ended very badly.
Sheila Burke (7 months ago)
Nice video! Thanks for the information.
Steven L. Gibbs (6 months ago)
Friends, I have personally used *_-OptionStars-_* before. I have been with the system for two weeks. But very unfortunately I lost my money trading with the help of this program. A friend of mine who is also an expert trader suggested me *_Expertoption._* I have been using this 100% profit system for last 3 weeks and I have been rocking with good profit. This *_Expertoption_* is capable of providing with right signal in right time to buy or sell (put or call). It's a great program most particularly for newbie traders. Also there is good option for trading. You can check it by visiting their site: https://promo.expertoption.com/platform-advantages/?refid=15898
Ryan Scribner (7 months ago)
Thanks for watching!
Alex Nezhynsky (7 months ago)
So scottrade is now part of td ameritrade?
Kristina Babakhanova (7 months ago)
Very informative for someone who is a beginner like myself! Thanks for breaking this down so well Ryan!!!
Ryan Scribner (7 months ago)
Thanks for watching Kristina!
Vikram Ahlawat (7 months ago)
Hi Ryan, i came across your video while i was in the midst of researching about trading stocks for beginners. I must say all the info and tips you provided with explanation are really of great help to anyone who is brand new into all this.. You already mentioned whats the best online brokerage for you amongst many of them but i still need some help in choosing as i'm from Canada. Thanks
The Floogiel Trading Co. (7 months ago)
Great video Ryan.. Thank you for sharing!
Ryan Scribner (7 months ago)
Thanks for watching!
Jateen Bhatt (8 months ago)
quite complicated ....... i would prefer to go back to zerodha again
Rodrigo Novais (8 months ago)
You kinda look like Antoine griezmann
Fuck You (8 months ago)
I’m planning on doing online for practice.
Nicolas Bergero (8 months ago)
Hey! thanks a lot for sharing your info and experience!!
Ryan Scribner (8 months ago)
Thanks for watching Nicolas!
Vira Peyter (8 months ago)
Ryan! You are doing a great job! Can you explain, please which fees, commissions are paid in Scottrade? Do I need a real broker to trade stocks or it's being done online? What is actually a stock? A piece of paper or what? I need to investigate many simple things before starting trading stocks.
Tiffany Drake (8 months ago)
Very thorough! !
Ryan Scribner (8 months ago)
Thanks a lot Tiffany!
Уехать в США (8 months ago)
thanks, man
Mark Anderson (8 months ago)
We'd like to give our kids some money to start investing online. Would Scottrade be good for this like you suggested in this video? Any specifics you'd recommend? Thanks.
norbaymike (9 months ago)
Malcolm Sovani (9 months ago)
thank you very imformative
Aaron Andrews (9 months ago)
Thank you Ryan! This was very informative
Ryan Scribner (9 months ago)
Thanks for watching Aaron!
Michael Smith (9 months ago)
great stuff man, thanks for taking the time to help people like this
Ryan Scribner (9 months ago)
Thanks for taking the time to watch!
jonathan valenzo (9 months ago)
Or 12 years
jonathan valenzo (9 months ago)
What if tou are a kid
Love Games - Dating (10 months ago)
Very informative, useful & sexy. Thanks!
Kelley Green (10 months ago)
hi ryan, i'd like to know if you may know of an personal investment advisors (for a one on one) relationship to hire to build my investments. i don't want to work with a large company but don't want to pay high fees either. is this possible in the chicago area?
Grant Paley (10 months ago)
Great video there Ryan- not to fast, clear voice, and made as simple as possible for everyday people. I do have a question - maybe a rather simple and stupid question - but I do wonder about it ?? Question is this - if you want to buy stocks in a company, is it possible there are no sellers, because that stock is going up, and all the stocks are taken ?? OR is there always sellers ?? or do companies have surplus amounts of stocks set aside for new buyers ??- that are available ?? can you answer this ?? Second question- same as the first - if you want to sell a stock, is it possible there can be "no buyers" as maybe the case if the stock is plummeting down ?? or do the brokerage houses automatically credit your account with what the market value of the stock is at that time ?? In other words, do you have to make an offer to sell so many stocks, and post this offer, and wait for a buyer to buy your stock that you'd like to sell ?? Can you answer this question Ryan, as I'd like to start trading, and as of right now, don't understand the basic processes. Thanks and great video.
clips theonly (11 months ago)
I've watched your recent videos and i am so happy with how you've become so comfortable infront of the camera.
Ryan Scribner (11 months ago)
Thanks a lot!!
Phi Lea (11 months ago)
Hi, I wish you would talk a bit about taxation in a taxable brokerage account since that is something that many didn’t know or unsure of. From my understand, if a stock that we bought pays dividends, we will have to pay tax for it (when we file our annual tax return) even if we don’t sell the stock and the dividends are reinvested. Then we have to keep track of all the dividend amounts that we have already paid tax on so we don’t end up paying again the following tax season (double taxation on the dividend). Is that right? Also, the tax rate on capital gain is higher if we sell the stock in less than a year after we bought it.
Mounir Elkhouja (11 months ago)
thank you
Jett Estrella (1 year ago)
Are those online brokers are available in Canada?
jroc3078 (1 year ago)
Hello I see that Scotttrade is now TD Ameritrade, my question is what is my best option to choose if I'm investing with cash? Individual, Joint Tenants WROS, Traditional IRA, ROTH IRA, Rollover IRA. and Also what's the best buying option to choose for a 1st time investor, Options: Buy, hold, and occasionally trade stocks, mutual funds, ETF's, bonds OR Actively trade stocks, ETF's options, futures, forex. Thanks for your time I have no clue, but have the money to do it.
Rocky Roc (1 year ago)
Thanks that was a lot of help
Ryan Scribner (1 year ago)
Glad to hear it thanks for watching!
Russelyn Williams (1 year ago)
HI, you are a good teacher and you look like superman lol :-)
Ryan Scribner (1 year ago)
Lol thanks so much!
Channing Davis (1 year ago)
thanks, god bless
I-Chieh Hsu (1 year ago)
Dude you should go be a trader or something. The way you talk I'll definitely consider buying a stock or some crap from you. Seriously.
SAMO 6IX (1 year ago)
Ryan Scribner you should manipulate people to get rich off of them 😂
Ryan Scribner (1 year ago)
Thank you for the compliment, but I prefer to empower people to make their own decisions!
K D PATEL (1 year ago)
Should you be 18+???
WEIRD. (4 months ago)
Melani Douglass (1 year ago)
Thank you!
DrHogfan (1 year ago)
I've got small amounts(?) of stock in 3 companies that I bought and held for 15-20 yrs. I'm w/ EJ . Would it cost me more to sell off some shares in order to buy into another company rather than to just cut a check and buy that way?
William Smith (1 year ago)
You forgot robinhood
Big ORSE Cing (1 year ago)
Hi, Can I sign up make an Scottsdale account and invest in American Stocks if I live in Australia?
Have you heard any feedback positive or negative on Robinhood?
Ryan Scribner (1 year ago)
Pretty much all positive! I use it.
Bill Anthony (1 year ago)
Great honesty. What a video. Thanks heaps!
Ryan Scribner (1 year ago)
Thank you Billy!
Tony Steel (1 year ago)
I'm literally sitting on tens-of-thousands, but it's just sitting in the bank. Had been a bit sketchy about trading due to lack of understanding, and some negative read reviews. This vid has been a decent start, as I attempt to navigate my way to careful trading. My goal is to create several avenues of revenue.
Ryan Scribner (1 year ago)
Great goal Tony! You should really do something with your money, right now inflation is eating it up.
Michael Paul (1 year ago)
thank you brother, helps a lot!
is there any stock broker i can use to trade shares and stock of any country and even not minding my nationality ?
Leswehman PhD (1 year ago)
Hi Ryan. I like your accent. Is your accent from Minnesota?? Thanks for another great video!
Phi Lea (11 months ago)
Geez So irrelevant to the video. He speaks English. Who cares the accent? Listen to the content of the video!
Ryan Scribner (1 year ago)
Thanks for watching! I am from Upstate NY.
Y Chen (1 year ago)
I like this video. Very informative. :)
Ryan Scribner (1 year ago)
Thanks a lot!
Zolfried (1 year ago)
my bank have mutual fund savings now.. should i just use that instead of going through an online site?... thats like skipping 3-4 of your steps, cause most of them are already in place when i made the bank account to begin with. so i can see the advantages for using my bank account to buy stocks.. but are there any drawbacks?.. any reason i would want to use an online site instead of my bank?
Sher Gill (1 year ago)
Mujhe contact karo mea pura process bta duga my whats app numbers 86993 75909
Tony G (1 year ago)
What about using Acorn?
Ryan Scribner (1 year ago)
I haven't used it myself so I can't say.
Chris Tin (1 year ago)
Fucking loser
Nico fabrizio (1 year ago)
hey im under 18 is there any way for me to get started trading either with a joint account or my own?
Ryan Scribner (1 year ago)
You might be able to open something with a parent.
daiana oliveira (1 year ago)
Where can I open an account since I don't live in the US and don't have a social security number?
SAMO 6IX (1 year ago)
Open it with me. We can share accounts
Nollian Williams (1 year ago)
Six weeks ago, i came across some posts about this great expert called Kyle Jason, i decided to give it a try and today i am here testifying to His awesome teachings and strategy, i just made my first $50,000 in 2 weeks, I feel contended investing and winning with Mr Kyle Jason strategy, I make more profit from zero to millions with instructions from Him, For all who wish to succeed in trading and become successful can contact Him on ( [email protected] . com ). And do not forget to let Him know i referred you to Him.
James Parker (1 year ago)
Hey, I messed around with a Forex platform a while back that offered a practice mode with real time rates, so that you could get a hand of the platform and of Forex trading without putting the money in right away, do you know of any platforms for stock brokers that offer that?
Ryan Scribner (1 year ago)
I know some sites offer stock market simulators but I have never used them personally.
Rick Lenegan (1 year ago)
Ryan, this helps immensely. Thank you. I have to ask, why is "familiarizing stock order types" listed as #5? Should one not begin learning these in parallel with #1?
Orion RSX (1 year ago)
Employment verification? Damn. To bad my temp job is over and my tuition is due!
Prashanth C (1 year ago)
Thanks for this general information. I really, really appreciate it! :D
Ryan Scribner (1 year ago)
Thank you for watching!
Nice vid Ryan
Matthijs Duijs (1 year ago)
great video! I live in europe does this mean it is better for me to search for a discount broker in Europe? Or does this not change anything? Can't really find information on this..
Mike L. (1 year ago)
Thanks for the helpful video, Ryan! I do have one quick question if you don't mind. If you make a "profit" on your trades for the year, does the IRS require taxes even if you reinvest your profits with more trades instead of cashing any of it out? Thanks.
Ryan Scribner (1 year ago)
Yes! Short term capital gains tax.
Jullian Gregorio (1 year ago)
Great video. I live in Asia and I want to invest in a Euro or US stock market. I don't have any idea on how to start. I don't know what online brokerage to use. Please help
Lenz2010 (1 year ago)
great video, helped a lot mate !
Ryan Scribner (1 year ago)
Glad to hear that thank you for watching!
Weston Guidero (1 year ago)
My Canadian friend is able to open a trading account through his bank. Is it the same in the US? Or do we only have the option to sign up with one of these sites?
Weston Guidero (1 year ago)
Thanks! I ended up going with robinhood, since I don't have to pay a trade fee.
Ryan Scribner (1 year ago)
I think some banks offer trading accounts however I have never looked into it myself.
Nootshy Romage (1 year ago)
How much should the cash cushion be
SAMO 6IX (1 year ago)
Did you listen to anything he said?
Ryan Scribner (1 year ago)
Enough to cover all expenses for 6 months is a good rule of thumb!
bernie lee (1 year ago)
I started an acct on e-trade. When i try to buy stocks that I'm interested in. I only have options to do short term like 24hr turnover...
day_tripper adam (1 year ago)
Very good video, thanks for the down to earth and transparent advice , and i check your book out
Ryan Scribner (1 year ago)
Thanks a lot that should be a great resource for you!
Reece Spicher (1 year ago)
make a video on how to open a trading account under 18 and how tax's work for that
Ultra Ray VLog (1 year ago)
Do you need to have good credit to trade
Ryan Scribner (1 year ago)
I am not sure, I assume for a margin account where your broker extends you a line of credit you do.
Shan Shan (1 year ago)
What kind of accent do you have? Good video btw
Blue Vega (22 days ago)
He's Canadian
Zach H (7 months ago)
Sounds to me like the Dakota's as for north or south, idk.
Skylion (11 months ago)
Leswehman PhD (1 year ago)
I asked him the same question today. It sounds like Minnesota or one of the Dakota’s (north or South Dakota)
Keith Echar (1 year ago)
What do you think of Trade King ?
Janet Romey (1 year ago)
do you pay taxes when you sell?
Leswehman PhD (1 year ago)
Janet Romey yes. It is considered “earned income”
Bryan Uchiha (1 year ago)
Janet Romey of course, anything that brings money in, the IRS has to get its share
Janet Romey (1 year ago)
do you pay taxes when you sell your stock?
Rosse A (1 year ago)
Mamthi Ntomo (8 months ago)
Please i also want a good broker
The Genesis (1 year ago)
Jack Wayfield so I just contact Mr. James and he will help me out? Is there a catch or...???
Waylon White (1 year ago)
What's the least amount you can start an account with?
Luis Rubio V. (1 year ago)
Ryan Scribner eToro is $250.
Ryan Scribner (1 year ago)
With Robinhood no minimum account balance, most others have a $500 minimum or more.
Alejandro Camero (1 year ago)
Hey Ryan, love your videos. Quick question: can you short sell with a cash account?
Ryan Scribner (1 year ago)
Thanks a lot and no you need a margin account.
tsaar Makwelero (1 year ago)
What if you're a non US citizen and you live in Eastern Europe? How can you open an account with Scottrade or any of those brokers?
Juce Moloy (24 days ago)
A worthy broker, proven by his own experience. Initially, it was believed that the deception introduced a small amount traded on the oil market, just a large selection of the trading market. I went in the black, decided to immediately withdraw, the output was processed a little longer than I expected, referring to technical support ( t.co/3ajZs8iysW ), helped faster with payment. In general, technical support works well
BelleAmii (1 month ago)
Lucas Hoops (1 month ago)
You can open an account with Charles Schwab as a non resident, but you need $25k as an initial balance
38 Baby2 (2 months ago)
tsaar Makwelero If your not white this channel is not for you he answered all the comments except for this one use a next channel Financial education
joshadak (3 months ago)
You can’t open a brokerage account if you’re not a US citizen
Hey Ryan, could you please make a video about what is your trading platform, stock scanner, and analysis website? I understood that you use Robinhood, but I think that should be important how to use your broker with all of the other important tools. After all Robinhood only shows basic images but, as far as I know, there is nothing about candlesticks or bar charts, Moving averages, exponential moving averages, and other important tools to analyze the price fluctuations. If I'm wrong, could please give us an idea of how to use Robinhood?
Blaz Sustar (1 year ago)
what you think about forex?
FASTBACK 124 (1 year ago)
I have $56,000 in a IRA can I use some kind of method or this method to make $1000000 in 10 years or less
erick zavala (1 year ago)
FASTBACK 124 nice man :)
Brian H. (1 year ago)
Ryan, I need a little help with some math here. I had opened a Scottrade account years ago and then needed the money as I was moving so I cashed out all of my positions except a penny stock I bought named UNDT thinking maybe I'd get lucky. I haven't logged in for 6yrs. I've been watching your vids and want to get back into investing so I dug out my old account number. I bought 31,587 shares of UNDT for .0019/share ($67.30 with trade commission) ... I see that in Aug of 13 UNDT peaked at $1.39 / share before it dropped back into a fraction of a penny. Am I doing my math correctly? Was that a 73,684% increase? Do I multiply my investment of $67.30 by 73,684? Did I have $4,958,933.00 worth of stock in my account in Aug 2012!?!?!?
MrJoe9876 (1 year ago)
first I know almost nothing about stocks. but is there a feature on one of these Brokers that would have sold it for you automatically when a certain value was reached? bc I could easily put 60 bucks in something and forget about it for years and maybe have a nice surprise one day.
Brian H. (1 year ago)
Stock increase calculator : https://salecalc.com/stock
Brian H. (1 year ago)
Okay, I just found an online calculator...I needed to divide the percentage by 100 before multiplying by my holding value. I didn't calculate the commission value in either so I only had $60.00 invested. So, 73,684 percent / 100 is 736.84 x 60 = $44,210.40. First, ouch. But second, I'm kinda glad it wasn't 4.9million. I may have jumped out the bloody window.
james farr (1 year ago)
irs taking money is fair ROFL you got jokes
Aden (3 months ago)
Lol I laughed when he said “their fair share” also
obbie32 (1 year ago)
My Amigo (1 year ago)
What if you're unemployed ?
Carl L. (5 months ago)
+MARC TORRES I had a straight face reading all the comments til i saw yours LMAO im done
Sarah Bergeron (11 months ago)
Can I invest my student grants (all my loans are grants), will it effect my grants over long-term to finish university *? I have enough money to live with .. I want to invest my money instead of buying myself a car.
Marc Torres (11 months ago)
JOSEPH JBAC get a job dumbass
Goat78 (1 year ago)
How much money do I need to begin trading? I only have $2000
Yassniel Ortega (1 year ago)
Thank you dude for your transparancy and honesty
Ryan Scribner (1 year ago)
No problem thank you for watching!
L Fuller (1 year ago)
Thanks.  This video was exactly what I had been searching for.
Ryan Scribner (1 year ago)
Glad to hear that! Thank you for watching.
taiwanjohn (1 year ago)
Thumbs up. Exactly what I was looking for. Thanks, man.
Ryan Scribner (1 year ago)
Thanks for watching man!
Logic Flakes (1 year ago)
What is the best website to trade on?
Ryan Scribner (1 year ago)
Check out Yahoo Finance for stock news, and I recommend using Robinhood for trading it is a free app.
Justin Britt (1 year ago)
So they tax you only on profit?
jerp pin (1 year ago)
Check out stock USRM

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