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Bank Of America - Merrill Edge - Market Pro First Time Glance - YouTube
Channel: BrentInvesting
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and thanks for tuning into the financial
investor channel my name is Brent today
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we're going to be covering market probe
very quickly it's going to be my very
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first time logging onto there and kind
of showcasing it to you now why did I
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move over to Merrill edge really quickly
they're often a very nice incentive
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they're offering cash rewards for
bringing over assets plus if you qualify
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it you can actually qualify for 300 or
you get 300 free trades regardless of
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however much money you bring over to
Merrill edge now if you are a brand new
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investor and you start an account on
Merrill edge
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say your Roth IRA or your regular just
tax your normal trading account you get
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300 free trades and you get 90 day
access to market pro which I'm going to
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be showcasing here and they also have
their reward program so if you do invest
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over fifty thousand dollars you can get
30 free trades of equity in Ethiopia
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khalida stocks and you get the Merrill
edge marketpro if you invest 25 thousand
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to their financial advisors they can
actually activate $0 stock trades so
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always talk to them if you go to their
main website you can actually get chat
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and help on the bottom right hand side
during during business hours so do that
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it's going to be very beneficial here
you can also do trading here at the dot
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bottom right from a website all their
websites allow you to buy and trade from
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and provided with quite a bit of
information
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now onto marketpro so as you log on here
you're gonna get a welcome guide and
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this is the very first time that I've
logged on here so they do have a lot of
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information they have a little quick
start here where you can click on some
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predefined layouts containing account
information charts and watch lists and
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more so here I can click on my portfolio
and it would showcase my my portfolio
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somewhere in here I don't have anything
currently on maro edge I'm still in the
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middle of transferring my portfolio and
my account from Robin Hood over to
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Merrill edge I can do some research here
so if I wanted to type in a ticker
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symbol what's a very common one Johnson
& Johnson and I could do a quick
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research on him I can see that the last
price is 132 89 it changed positively
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for the day by 0.6 it has a low bid it's
asking at 132 ninety-seven shows you the
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volume and the last trade time so very
useful information here you can also go
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into you can add it to your symbol list
you can set an alert for it you could
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buy
you get by looks like down here you
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could begin setting it up I don't
actually have any money in my account so
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I'm sure that's why everything is grayed
out right now so I'm gonna go ahead
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other ghosts now it's where I was
working I can type in the qualities and
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I could do a limit and the price and
good for the day and then do it looks
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like it was pulling up some information
out here you can see it's information
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here and I could preview the order but
I'm not worried about that right now
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next I could do a watchlist so this is
the watchlist here
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so lots of information so I can look up
the chart for johnson johnson so it
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looks like i can bring this up and down
and kind of look at the candle graphs of
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whether it closed positive for the day
or if it closed negative for the day so
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if it's green this indicates the trade
volume so this stock was traded at a
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very high volume on the way up and then
the little candlesticks represent
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whether the stock opened or closed or
basically if it closed
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positively it's green if it's if it
closed negatively then it would be red
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so those are very nice there was a down
point right here you can see the reza
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kept closing lower and lower and lower
and there was very little people buying
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into him but here once it reached its
lowest point here there was a good
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amount of investors that bought into it
and it kind of settled for a bit and
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then began picking back up so that's
what the candlesticks mean
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looks like there's a lot of other
information down here kind of eyeing it
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really quickly you can see the current
dividend yield the annual dividend the
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current dividend per share per quarter
its p/e earnings per share it's
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ex-dividend date is August 25th so the
next one would be around November 25th
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so good information there I can go over
to trade and this is more of a trade
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window here so Johnson & Johnson's and
here you can see that they have the
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calls the putts and just a bunch of
information you know this is my very
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first time using a professional level
platform so this is all just a lot I'm
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not really sure what to really look for
at this time so I can't really tell you
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you know I've came from what did I use
in the past motive investing since 2015
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and just recently switched to Robin Hood
but now as I am adding more to my
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portfolio and begin beginning to grow it
over time I want to look for a
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professional level and Merrill edge
offered me the best the best level
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software and just the perks that it has
you know I was looking for drip so I can
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automatically reinvest my dividends that
I'm paid out I can just automatically
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buy shares fractional shares I don't
have to worry about looking daily if I
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got paid on Robin Hood and then choosing
stocks that I could buy in a hole so I
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may not always get paid out to the point
where I can buy a complete share
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so having drip enabled on my Sox such as
ATP Pepsi that allows me to buy
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fractional shares so here we can see
that we can get some technical insights
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here so in the technical analysis tab
is another another graph over here and
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over here you can see technical insight
you can see the six bullish nine bearish
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it shows you the support found and the
resistance found and
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some other information you can see
strategy build I'm not sure what I'm all
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looking at here but I guess you could
build some sort of a strategy you can go
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intraday trader please wait while the
application initializes and this just
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gives you a whole bunch more information
and then education on demand so it looks
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like you can get some and power yourself
you can actually get some training on
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here so that's very educational and then
our next our last tab is options
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analysis and this gives you the calls
the pots and then over here on the
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right-hand side you can select looks
like you can select different options
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here you can decide whether you're
bullish or bearish so based on what your
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play is are you bullish are you bearish
on the specific stocks on Johnson &
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Johnson I would be bullish I think it
has good potential to grow past its
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current resistance and so I could put in
there's a stimulator here you could
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select your simulations and I guess you
can yeah you can move it around and see
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what your profit would be and your
percentages return on those specific
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positions now I haven't done a lot of
options so I'm not going to be a basket
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with that right now but I will
definitely read into a bit more now that
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I have this professional level software
you know it kind of opens me up to
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actually want to learn how to use this
program and all that it can offer so
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here you can set up your watchlist it
kind of gives you step-by-step on how to
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set it up and then how do I customize it
charge it shows you how to customize
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shirts by the candlesticks you can do
line plots area plot and so on are there
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any other color themes available it
looks like if you don't like the darker
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theme you can go with a great theme or
blue theme how do I customize my
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workshop
my workspace it kind of gives you ideas
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on how to
your workshop and then what is what is
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market death and it says market debt
also referred to as level 2 quotes lets
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you review buy and sell activity of
market makers trading on the US
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exchanges so kind of goes into that can
I make notes what's next so it kind of
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gives you a breakdown of like their help
menu for whatever tab you're really
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looking for help on you can click on it
and it would give you some help on that
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specific tab and if you have any further
questions you can always send a secure
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message and that is the Welcome guide so
there is a lot of information on here
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you know there's a lot of you can see
your balance your portfolio detail your
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holdings
I don't care Lea have any holdings I can
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see my current orders or my activity a
lot of these little tabs I've clicked on
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but I may not have anything to actually
display so it's just kind of not
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bringing up anything of importance at
this time so that is it I believe for
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this video you know I'm going to be
playing with us for the next week or so
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just kind of once I get my portfolio in
here I'll definitely be showcasing a bit
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more with some newer information on how
to perform if you guys have ever or will
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ever look into Merrill edge market
Merrill edge just in general go ahead
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and leave that in the comments below I
think this is a great platform even for
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brand new investors offering that 300
free three free trades for the first 90
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days plus access to their Market Pro
software for their first 90 days and
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then once you do have your portfolio
established you can activate drip if you
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are a dividend that's sure that's the
style of investing that I do but of
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course this has more than just you know
it offers much more than just tools for
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debit investing as you saw you can do
options you can use all sorts of stuff
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on here so instead of having to go out
there and research on dividend com or
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Yahoo or Google all your information you
can find can be done through this
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professional level software so that is
it for this video I did not want to make
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it very long if you are brand new to my
channel I do make financial stock market
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and investment videos weekly so do you
consider subscriber for future financial
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videos I want to thank everyone for
watching up until this point and if you
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did like the video hit the like button
below and please remember to subscribe
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if you have any questions go ahead and
leave the questions below in the
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comments I will always reply and again
thanks for tuning in and I will see you
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next time bye
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