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Placing an order includes entering the stock symbol, desired trade action (buy or sell), number of shares you want to buy, as well as the order type reflecting the price you're willing to pay for the stock.

For investors seeking short-term returns, stock charting tools can help you identify whether the stock's price is on an uptrend or a downtrend and help signal where the stock price could be headed next.

Starting with fundamental analysis and expert ratings can be a good way to search for stocks in an industry or sector you're interested in. Fundamental data can tell you how a business is growing, stabilizing, or deteriorating, while ratings reflect the outlooks of various financial firms.

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