Browse By

(Tutorial) How do I start trading stocks?




I’m ready to start trading stocks, what do I do?

Are you sure you’re all set? Have you reviewed our stock trading tutorial about the types of stocks and other securities being traded, how profits are made, how much you need to trade stocks, and what types of orders you can make?

If you did and are ready to go, continue reading below.

Step 1. To be able to participate in the stock market, you need a stockbroker to buy and sell shares of stocks. A stockbroker is a person or a corporation authorized and licensed by the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) to trade securities.

Click here to know more about choosing a good stockbroker.

Step 2. Apply for an account with your chosen broker. Normally, you will need to fill out a Reference Card and submit identification papers for verification. Once approved, you will be assigned a trader or agent to assist you in buying or selling stocks. In the case of online brokers, you can start trading online without the assistance of a personal broker. But first, you need to fund your account.

Step 3. Fund your account either by issuing a check payable to your chosen broker or by depositing cash directly to the brokerage firm’s bank account. Contact them for more details on how to send your payment.

Step 4. If your broker assigned you a personal trader, communicate and discuss with him/her your stock order, then wait for the transaction to be executed. Normally, your personal trader will contact you if the transaction was executed or not. If what you have is an online account, you can buy and sell stocks without anyone’s assistance. Check the FAQ or tutorial of online stockbrokers for guidance on how to navigate their online trading platform.

Trading stocks entail costs. Here’s a listing of taxes and fees when buying or selling stocks in the Philippines.

Step 5. Three (3) days after the buy or sell transaction, you will receive from your broker the cash proceeds, if you are selling stocks, or proof of ownership of the stocks (confirmation receipt and invoice), if you are buying stocks.

Easy, right? Happy investing!

Must read these other awesome educational posts!

[unordered_list style=”arrow”]

[/unordered_list]







View Related Posts

Ask a question or post a comment
About this post: buying stocks in the philippines, where to buy stocks in the Philippines, how to buy stocks in philippines, stock trading tutorial, buy stocks philippines

31 thoughts on “(Tutorial) How do I start trading stocks?”

  1. Aspiring Entrepreneur says:

    My link may be beneficial too. This is with regards to my stock trading experience. ;)

  2. amy says:

    Long time ago I been researching for this site. I want to invest for a starting capital of P5000.00
    but of course I want it to be profitable. I want to make sure I am also earning and invest again and again. Hope u can help me.

    Thanks a lot!!!!

    Amy

  3. mike says:

    gusto ko sanang mg invest sa stock market sa halagang 10,000 pesos.pero d ko alam kung papano mag uumpisa?papano b kumikita ang isang stock holder at papano uumpisahan?ang 10,000 pesos pwede n bng investment sa stockmarket?pls… i need ur guidance.medyo naguguluhan pa ako.paki explain nman sa tagalog.para maintindihan kong mabuti.

  4. Ryan says:

    Perhaps guys you wanna consider forex trading instead of stocks. Forex Trading is more profitable compared to stock, as movements of currencies prices happens every minutes as compared to stock were the price of stocks moves a weeks or months. Practice forex trading then go real….

  5. Ken says:

    Guys, you might want to check out StockAlerts.ph: , it’s a useful site for monitoring your stocks in realtime via SMS. You can also request stock market data via text. No need to stare on your monitor during trading hours. You will now via text when there’s vital price movements, so that you’ll know when to buy or sell (avoid missed opportunities or losses)

  6. beau says:

    pano ba magstart pag invest sa stock market? pwede rin ba makapag invest sa u.s. kahit nasa pinas ka?

  7. CHARLIE says:

    saan ba pueding magsimenar tungkul sa stock market trading balak ko maginvest pero wala ako idea tungkol jan

    1. Bianca1981 says:

       Try to search BizWhiz, magaling sila sa mga starters

  8. ayoub chouchou says:

    I like the way you put info in this post I wonder if I can use some of this in my Stock Market Analysis Website & in my new eBook, waiting for your response & thanks a lot for sharing that with us.

  9. jayz says:

    gusto ko magstart mg invest panu ba mg start? at panu ung online brokers anung mga website may ganun at pls lang explain mabuti panu ngwowork tong business na to. thanks

    1. Mizstockingz says:

       Hi Jayz, try contacting the brokerage you want to join in, for example visit their websites or even better try calling:

      First Metro 858-7900
      AngpingOnline 848-2915
      Citiseconline 636-5411

      They usually have seminars and some even help you on the spot.
      It’ll be better pag okay ang customer service of your brokerage so choose wisely not just join the bandwagon, especially if newbie ka :)

  10. Jonha says:

    Pareho pala tayo, gusto ko din mag invest pero medyo limited lang ang knowledge ko about this kaya panay ang basa ko.
    .-= Jonha´s latest blog ..Look to God and Live =-.

    1. turniphouse says:

      Madali lang po. Ako more than a year na at many times na akong naka receive ng dividends. I opened an account with COL august 2013.

  11. janah says:

    Supposing you invest your money (P100,000) at 4%/yr interest (e.g. time deposit):

    36 years
    P100,000 ——————–> P400,000

    What you don’t know is that the bank invests your money at a much higher interest rates ~ 12%/year:

    36 years
    P100,000 ——————–> P6,400,000

    P6.4M – P400K = P6M PROFIT by the Bank
    = P6M LOSS for YOU

    The Rich is getting Richer because they know what to do.
    The Poor is getting Poorer because they don’t know what to do.

    Work for money.
    At the same time, learn how to make money make money for You.
    Increase your Financial Intelligence/IQ!

    The WEALTH ACADEMY :
    A Program Providing Total Financial Solutions

    SERIES 1: -The Steps to Financial Independence
    – How Money Works
    – How to Build a Strong Financial Foundation
    – Investment Strategies and Options (Mutual Funds, etc.)
    – How to Become Your Own Financial Expert

    Series 2: – FINANCE & INVESTMENT 101
    – Diff. Investment Vehicles & Strategies
    – How 2 Bypass the Middleman &
    – Become Your Own Financial Adviser & Broker
    – Mutual Funds, Diversification, Money Cost Averaging, etc

    Series 3: – CREATING MULTIPLE PASSIVE INCOME STREAMS
    – The Diff Sources of Passive Income
    – How 2 Create Passive Income Streams
    – New Concepts in Making Good Money

    SCHEDULE: Mondays/ Wednesdays at 2-4pm & 7-9pm

    Saturdays at 2-4pm

    VENUE: 3/F, King’s Court Building 1, Chino Roces Avenue , Makati City

    REGISTRATION:

    Contact: Janah Dimatunday (Associate Financial Planner-Phils) for your registration details:
    a. Text: 09105013342
    b. E-mail: norjie_039@yahoo.com.ph

  12. Earn Cash Online says:

    Thanks very much, I have found this info extremely good!

  13. ShareHoldersPortal says:

    Best to find a solid company such as a local bank with a dealing service.

  14. moneysmartpinoy says:

    Trading stocks has never been easier with the emergence of online stock brokers.

  15. Dara says:

    Hope someone can help me with my situation here. My mother passed away a year ago and while cleaning her files, we found out that she invested in stocks in three different companies. Now, my problem is how to deal with her stock certificates. I don’t know who her broker was and since I really don’t know anything about stocks, I don’t know how to deal with them to begin with. Any advice will be appreciated.

  16. calvin says:

    Guys,can anyone help and to share more knowledge on me with regards for Stock exchange investment. i started to read some articles about stocks but am still confusing on what really happened inside.I wanted to invest 100k peso. i would rather preferred if there are someone can guide or advice to me.here is my email calklien_195@yahoo.com.ph

  17. davedabz says:

    Personally, I strongly recommend ColFinancial. No, I am not affiliated with this company and I don’t receive any benefits from them. Hope they will :) Got this complete guide on how to open an account for as low as Php 5,000. You can read it here http://www.juaninvestor.com/2013/03/how-to-open-an-account-with-colfinancial.html

    1. florsan says:

      gusto ko din matuto kung paano mag invest through stocks..saan ba ako magsisimula???i extremely need your advises guys…

    2. florsan says:

      thank you so much for the links sir!…pagkatapos po ba mag create ng account, ano po ba ang next step?

    3. florsan says:

      marami pa talaga akong dapat matutunan..sa madali’t sabi, kelangan ko po talaga ng adviser.Sayang lang din kasi ang income ko pag hindi ko alam kung paano ito palalaguin..mapupunta lang ito sa banko ng walang interest.

    4. florsan says:

      sir paul!..i really need ur advise..after po ba pag may account na ako, is pwede na po ba akong mag join sa trading???o hindi pa kasali dyan ang pagbili ng stock sa 5k na yan???

    5. Paul Daveril Dabuco says:

      After you send your requirements (via LBC), someone will contact you thru email or phone. He will provide you a Reference number for you to fund your account.

      Deposit P5,000 (via BPI, BDO, Metrobank). You will receive a confirmation from COLFinancial regarding the fund you deposited.

      You can start buying stocks immediately after you receive the confirmation :)

    6. florsan says:

      thank you so much for the response. but i think its hard for me to do while I am here in another country. I mean kUng nasa pinas lang sana ako I can easily do that.
      I know you understand how to speak in cebuano..nahihirapan kasi akong mag english..analyzing details on how to start to invest!..but anyway salamat po talaga..I hope madagdagan pa yong kaalaman ko tungkol dito ..siguro hindi pa ako handa..Thanks and godbless!

  18. test gscraper says:

    whole of the UK but of course most of our work is in London .

  19. Jade says:

    Very informative! Thanks for this!

Leave a Reply

Your email address will not be published. Required fields are marked *