In order to improve the speed and efficiency with which you can access information it is important to understand the various ways that you can obtain a price quote for a stock that you are interested in. This YouTube video provides a quick demonstration on the multiple ways that one can quote a stock while using the tradeMONSTER trading platform.
Trading Platform Tutorial Transcript
0:01 Want to acces all the innovative trading tools on tradeMONSTER.com completely
0:06 Stay tuned to the end of the podcast to find out how.
0:24 Welcome to tradeMONSTER.com video trading podcast. This is Episode 6,
0:28 "How to Obtain a Stock Quote", presented by tradeMONSTER's own
0:31 Travis McGhee.
0:35 In this video i'm going to explain how to quote a stock using the tradeMONSTER
0:38 trading platform.
0:40 So here we are. This is our home screen.
0:41 Once you have logged into your account and launched your trading application,
0:44 this is where it is going to bring you.
0:46 Right here I have my market application view up and i'm showing the various
0:49 quotes of tickers that I have stored. Ranging from market indices to individual
0:57 How do we go about quoting a stock using this platform?
1:00 Well there are 2 ways to go about it.
1:03 One we can directly route ourselves to a quote from this screen.
1:07 As you can see on the right hand side here I have my market view with the
1:10 various markets, my watchlist with various stock tickers, and to the far
1:15 left I have my current positions. Stocks that I currently have positions in,
1:20 or option spreads. Whatever the case may be.
1:23 So, lets say for example I want to quote IBM.
1:27 Right here. I already have a position in it.
1:29 So I go over here and I scroll over IBM, I highlight it and I left click on IBM.
1:32 Up pops a screen.
1:35 Here it is going to show us the last trade, $124.72. Our change for the day,
1:39 down $3.25, our percent change, volume on the day, our bid and ask and
1:48 our bid and ask size.
1:50 I can go into the detailed quote screen from here as well.
1:53 You're going to see "IBM Quote" little icon.
1:56 You can left click on that and it will take you to the physical quote screen that
1:59 has the fundamental report card, chart and news. Everything you will want to
2:03 see with a detailed quote.
2:06 Now that is one way to get to a stock quote.
2:10 Now lets say for example that you dont have something pre-saved that you want
2:13 to quote as a new input.
2:17 So I go up to the top of the trade screen and highlight IBM by left clicking on it.
2:21 I plug in a ticker of something I want to look at.
2:25 So lets say for example, hypothetically, Im going to throw out Chicago Mercantile
2:29 Exhange. CME. For experimental purposes
2:35 So I type it in and hit enter and this is where it brings me.
2:37 Right back to my quote screen.
2:38 So that is another way of quoting something that you don't have pre-saved.
2:44 Now lets say you have been trading throughout the day, checking tickers, and
2:48 you want to see something that you quoted earlier and you cant exactly
2:52 remember the ticker.
2:54 You can click on the arrow by CME. Its going to bring a dropdown menu and
2:59 you can scroll down to see some of your recent tickers.
3:03 Oh, there it is. Apple. I couldn't remember the ticker.
3:07 There it is. AAPL. I click on it and there you go.
3:12 Brings me right back to my screen, and I have all of my detailed quoting.
3:16 And that is how you go about quoting a stock using the tradeMONSTER
3:22 trading platform.
3:23 Go to tradeMONSTER.com to get access to all of our tools and educational
3:27 resources for proactive investors like you. Every brokerage account gets
3:32 free access to our paper trading practice platform!
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