How best to trade Apple shares

  • This topic has 6 replies, 1 voice, and was last updated 2 weeks ago by Major Trader 35.
  • Creator
    Topic
  • #178997 Reply
    Ciarán

      Heya, I wanna trade Apple stocks but how do you even go about it? Like do I buy the shares or use a derivative which seems to be offered by loadsss of brokers.

      Reply
    Viewing 4 reply threads
    • Author
      Replies
      • #179003 Reply
        James Barra
        Moderator
          DayTrading.com Team

          Hi Ciarán,

          Thank you for your message.

          Apple (AAPL) is one of the most popular stocks so you have a range of ways to trade it. Among the most popular are:

          – Underlying shares – here you will directly buy and own the apple stock. It’s one of the most straightforward ways to trade Apple stocks. Many platforms also offer zero commissions on Apple stocks, which can be appealing if you’re new to trading.
          – Contracts for difference (CFDs) – here you do not own Apple shares. Instead, this derivative allows you to simply speculate on the stock’s price movements. CFDs are attractive to short-term traders because you can speculate on upward and downward price movements. The widespread availability of leverage also means you can amplify your returns (or losses). However, CFDs are very risky and not recommended for beginners. Also I don’t know where you’re based but it’s worth being aware CFDs are banned in certain regions, notably the US.

          You can also trade Apple stock in other ways, including options and bonds. We explain how these products work and provide more information about trading Apple shares here – https://www.daytrading.com/stocks/apple.

          I’d also recommend testing any Apple trading strategies in a risk-free demo account before putting money on the line. In addition, nail down a strategy for managing risk, which this guide can help with – https://www.daytrading.com/risk-management.

          Best of luck and let me know if you have any other questions.

          Reply
        • #179008 Reply
          Ciarán

            Nice one James, thanks.

            I’m in Ireland where CFDs are allowed (I think??) but might stick with the underlying stock approach to start with at least.

            Reply
          • #179019 Reply
            James Barra
            Moderator
              DayTrading.com Team

              Hi Ciarán,

              Yes, CFDs are allowed in Ireland albeit with restrictions in line with the Central Bank of Ireland and broader European Union regulations under the European Securities and Markets Authority (ESMA).

              Sounds sensible in terms of trading the underlying stock. Let us know how you get on.

              Reply
            • #179216 Reply
              Ciarán

                Will do 👍

                Reply
              • #179512 Reply
                Olsoph

                  There are some neat ETFs with decent exposure to Apple: QQQ and XLK.

                  Reply
              Viewing 4 reply threads

              Reply To: How best to trade Apple shares
              Your information: