Mechanism of Buying Stocks

主な学習目標:

導入： Delve into the mechanisms of the 株式市場, understanding the process of buying and selling stocks, and the different order types and trading methods that can be employed to meet your investment goals.

Familiarize with the Process of Buying and Selling Stocks: Understand the different mechanisms, platforms, and strategies that play a role in the stock market.
Identify and Use Different Order Types: Learn the advantages, disadvantages, and best scenarios for utilizing market orders, limit orders, stop orders, and stop-limit orders.
Choose the Right Trading Method: Gain insights into the pros and cons of different trading and investing avenues, from brokers to online apps, to make informed decisions based on personal needs.

形: A clock prominently displaying the words “Time to Buy,” symbolizing the optimal moment for making investment decisions. The image encapsulates the essence of strategic timing in stock trading and investment.

ソース： iStock写真

導入

The process of buying and selling stocks involves understanding various order types, choosing the right broker or platform, and selecting the best method to execute your trades. This chapter will guide you through the different aspects of buying stocks and provide insights into when to use specific order types and trading methods.

26.1 Order Types – Buying and Selling Stocks

Understanding different order types is essential for successful trading and investing. We’ll discuss the pros and cons of each order type and which scenarios are best suited for their use.

成行注文

A market order is an order to buy or sell a stock immediately at the best available current price.

長所:

Fast execution
Guarantees that the order will be filled

短所:

No control over the execution price
This may result in a higher price for buys or a lower price for sales in fast-moving markets

最良のシナリオ: Use a market order when you want to execute a trade quickly and are not concerned about getting the best possible price.

指値注文

A limit order is an order to buy or sell a stock at a specific price or better.

長所:

Control over the execution price
Can result in better entry or exit prices than market orders

短所:

No guarantee that the order will be filled
May require more time to execute, as the specified price must be reached

最良のシナリオ: Use a limit order when you want to control the price you pay or receive for a stock, and you are willing to wait for the market to reach your desired price.

Stop Order (Stop Loss)

A stop order, also known as a stop-loss order, is an order to buy or sell a stock once the price reaches a specified level.

長所:

Helps protect against significant losses
Can be used to lock in profits

短所:

Can be triggered by short-term market fluctuations
No guarantee of the execution price, as it becomes a market order once triggered

最良のシナリオ: Use a stop order to protect your position from substantial losses or to lock in profits on a winning trade.

Stop-Limit Order

A stop-limit order combines the features of a stop order and a limit order. Once the stop price is reached, the order becomes a limit order.

長所:

Control over the execution price
Protects against significant losses or locks in profits

短所:

No guarantee that the order will be filled
Can be triggered by short-term market fluctuations

最良のシナリオ: Use a stop-limit order when you want to protect your position while maintaining control over the execution price.

26.2 Brokers, Online Apps, Investment Managers, and Other Methods

There are various ways to buy and sell stocks, each with its pros and cons. We’ll explore these methods and discuss what to consider when choosing one.

Brokers

Brokers are professionals who execute trades on your behalf. They can be full-service or discount brokers.

長所:

Professional advice and guidance (full-service brokers)
Access to a wide range of investment products

短所:

Fees and commissions
May require a minimum account balance

最良のシナリオ: Use a broker if you want professional advice or access to a wide range of investment products.

Online Apps

Online trading apps allow you to buy and sell stocks through a user-friendly interface.

長所:

Easy to use
Low fees and commissions

短所:

Limited investment products and research tools
Less personalized advice

最良のシナリオ: Use an online trading app if you prefer a simple, low-cost platform and are comfortable making your own investment decisions.

Investment Managers

Investment managers are professionals who manage your investments on your behalf.

長所:

Professional management and expertise
Access to a wide range of investment products

短所:

Higher fees compared to self-directed trading
Less control over individual investment decisions

最良のシナリオ: Use an investment manager if you prefer to have a professional manage your investments and are willing to pay higher fees for their expertise.

Other Methods

Some alternative methods to buy stocks include dividend reinvestment plans (DRIPs) and direct stock purchase plans (DSPPs).

長所:

Allows you to purchase stocks directly from the company
Can offer lower fees than traditional brokers

短所:

Limited to participating companies
Less flexibility in buying and selling shares

最良のシナリオ: Use DRIPs or DSPPs if you want to invest directly in a specific company and are interested in long-term, passive investing.

What to consider for each method:

Fees and commissions
Access to investment products and research tools
Level of personalized advice and support
Ease of use and user experience

重要なポイント:

閉会の辞: The mechanism of buying and selling stocks is a journey laden with choices. Understanding the various order types and trading methods empowers you to navigate through the stock market confidently, making informed decisions that align with your financial goals.

Order Types dictate how stocks are bought or sold. For example, market orders prioritize speed, while limit orders aim for a specific price.
Brokers offer professional advice and a wide range of products but may come with higher fees. Online Apps provide user-friendly interfaces and lower costs but might lack in-depth research tools.
Investment Managers manage your portfolio for you, ensuring expertise at the expense of higher fees and less individual control.
Alternative Methods のように DRIPs and DSPPs allow direct stock purchases from companies, often with lower fees but reduced flexibility.
When selecting a method for stock transactions, prioritize considerations like fees, product access, advice level, and user experience. Tailoring your approach based on personal needs and goals will enhance your stock market journey.