Amazon stock information
- Stockname: Amazon
- Ticker symbol: AMZN
- Stock exchange: NASDAQ
- Stock industry: Services
NASDAQ exchangeThe Amazon (AMZN) stocks are listed on the NASDAQ exchange. If you want to purchase a couple of stocks or want to go big and buy more you can simply use an online stockbroker.
With a market order you can buy or sell an asset, stock or crypto currency for the best available price at that moment. If the market is open eToro will execute your order as soon as possible for the best available market price. You will see your order once eToro has settled your trade. (most of the time within seconds). When the market is closed eToro will execute your order when the markets reopen again. For less common stocks, you may only be able enter orders during market hours.Limit Order
The great thing about a limit order is that you can know what price you pay exactly for your asset as you choose the rate. At eToro you can set your price and buy or sell at that given rate. The order will only be executed when it hits that exact price. This way you can set your orders in advance and take profit or buy stocks at your rate without watching your screen all the time. You’re able to cancel a pending limit order at any time and reinvest the budget that wasn’t used for the trade.
More information and research about Amazon stocks (AMZN)DYOR - Do Your Own Research
Before you're investing in Amazon stocks (AMZN) it is important to do your own research on the history, product and the team behind the company.DCA - Dollar Cost Averaging Strategy
Dollar Cost Averaging (DCA) is a strategy that is famous in the investment environment. It's a tactic where you purchase systematic (per time frame) a certain amount of a certain asset/stock/ cryptocurrency or investment you believe in. For example every month $100 of Amazon stocks (AMZN).
As you buy systematic it will reduce the emotional involvement and as you spread the money you invest you spread the risk of a fluctuating market.Pro DCA
- Invest small amounts
- Less stress about unstable markets
- Less chance on losses as you never buy full amounts on peaks
- Won't make optimal trades as you don't invest all on the bottom
- Takes longer, as you're not rich after one trade
- If you DCA on one investment you can pick a loser investment that will only go down. Better is there to spread your investments while doing DCA.
Explanation Video DCA Dollar Cost Averaging