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A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker or investor. Many stock speculators will trade bonds (and possibly other financial assets) as well.

Acorns, Stock Market Stimulator, SigFig, Motif Explorer, Yahoo, TD Ameritrade, Fidelity investments and CNBC are some of the top stock trading apps for smartphones.

A broker is simply a person who is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone or electronically. An exchange is like a warehouse in which people buy and sell stocks. A person or computer must match each buy order to a sell order, and vice versa.

TD Ameritrade, Fidelity, Merrill Edge, TradeStation, E star trade, Vanguard, Sogotrade, Scottrade and Ally Invest are some of the best stock trading platforms.

1. Open a stock broker account Find a good online stock broker and open an account. 2. Read books. 3. Read articles 4. Find a mentor 5. Study the greats 6. Read and follow the market 7. Consider paid subscriptions.

Stop order - also known as stop loss or stop market, All or None (AON) - used for penny stocks, and Good 'Til Cancelled are some types of stock trades.