From Joshua Kennon,
Your Guide to Investing for Beginners.
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We’ve covered financial statement analysis, financial ratios, ways to identify excellent businesses, and alternative investments such as REITs and foreign bonds; all designed to help you learn what to look for in an investment. Few people realize that how you acquire (or sell) those same investments can affect your returns, sometimes in a substantial way.

In this beginner’s stock trading tutorial, you’ll be empowered with the knowledge necessary to place the types of trades that meet your personal requirements and objectives. From the basic market order to more advanced orders such as trailing stop losses and brackets, you’re sure to add a few tricks to your arsenal of investing wisdom. (Please note that these trades are meant to be used in the context of a disciplined, long-term investment strategy, not for the purposes of short-term or day trading.)