This slide deck is one I made as a part of my investing bootcamp. The focus is on brokers and what elements help an investor choose the right one(s) for them.

1. by @HipHopStockDoc
BROKER!
I Need a
Help!

2. Disclosure
BLACK MARKET EXCHANGE, LLC is NOT a Broker Dealer. Black Market Exchange, LLC engages in trader
education and training. BLACK MARKET EXCHANGE, LLC offers a number of products and services, both
electronically (over the internet through www.thebmex.com) and in person. BLACK MARKET EXCHANGE, LLC also
offers web-based, interactive training courses on demand.
The seminars given by BLACK MARKET EXCHANGE, LLC are for educational purposes only. This information
neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully
responsible for any investment decision you make, and such decisions will be based solely on your evaluation of
your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
This material is being provided to you for educational purposes only. No information presented constitutes a
recommendation by BLACK MARKET EXCHANGE, LLC or its affiliates to buy, sell or hold any security, financial
product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor
should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully
responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of
your financial circumstances. Such decisions should be based solely on your evaluation of your financial
circumstances, investment objectives, risk tolerance and liquidity needs.
Please note: Hypothetical computer simulated performance results are believed to be accurately presented.
However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice.
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the
results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity,
slippage, and commissions. Simulated trading programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is
likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

3. 6 Stop Roadmap to
CHOOSING A BROKER

4. 6 Questions
1. What is a broker?
2. What types of brokers are available and
examples?
3. What are commissions?
4. Are brokers and the market safe?
5. How to open an account?
6. How to buy and sell stocks?

5. 1
What is a
BROKER?

6. 1
Brokers Buy & Sell
for Investors
But why do they exist?

7. 2
TRADITIONAL
BROKERS
FULL
SERVICE

8. 2

9. 2
DISCOUNT
BROKERS
SELF-
DIRECTED
INVESTING

10. 2

11. 2
• Personal needs and wants.
• Educational resources.
• Commissions.
• Customer service.
• Investment opportunities.
• Account accessibility (web and mobile).
• Turn around time of deposits and
withdrawals.
CHOOSING A BROKER

12. 3
BROKER COMMISSIONS
FEES TO INVEST

13. 3
LOW COMMISSION
BROKERS

14. 3

15. 3
What about…

16. 3

17. 3
• Rule of thumb, 1% of invested capital.
• Low commission brokers.
• Save so commission is <5% of invested
capital (easier for investor with less money).
• Dollar-Cost Averaging (DCA).
• Tax-loss harvesting.
• Dividend Reinvestment Plan (DRIP).
• Forex.
• Low expense ratio funds.
MINIMIZING FEES

18. 4
“PROTECT YA NECK.”
- Edgar Allan Poe
REGULATION

19. 4
SECURITIES & EXCHANGE
COMMISSION

20. 4
• Also known as the “SEC.”
• Federal agency regulating the stock market.
• Put in place to protect investors.
• Publicly traded companies register with SEC.
• EDGAR Database.
• The “Congress” of the stock market.
THINGS TO KNOW

21. 4
S1 Prospectus
8K
10Q10K
Electronic Data Gathering, Analysis, and Retrieval System
MORE INFO TO COME!

22. 4
FINANCIAL
INDUSTRY REGULATORY
AUTHORITY

23. 4
THINGS TO KNOW
• Also known as the “FINRA.”
• Private, self-regulatory, & non-profit agency.
• Oversees brokers and stock exchanges.
• Brokers are considered members.
• The “City Council” of the stock market.

24. 4
SECURITIES
INVESTORS
PROTECTION
CORPORATION

25. 4
THINGS TO KNOW
• Also known as the “SIPC.”
• Federal, non-profit corporation.
• Insurance program for investors.
• Brokers are considered members.
• The “FDIC” of the stock market.*
*Federal Deposit Insurance Corporation

26. 5
HOW TO
OPEN AN
ACCOUNT

27. 5
THINGS TO KNOW
• Must be over 18 years old.
• Some brokers have minimum deposits upon
opening.
• Make sure broker is FINRA & SIPC member.
• Will ask personal questions in regards to
social security number, occupational status,
and annual income.
• Investment objective(s).

28. 5
THINGS TO DO
1. Watch this video on “Account Setup” here:
http://bit.ly/BrokerAccountSetup.
2. Choose 3 to 5 discount brokers.*
3. Research reviews on each broker. A couple
sites offering reviews are
www.stockbrokers.com and
www.nerdwallet.com.**
4. Choose 1 to 2 discount brokers and open
accounts with them.
*See slides 8, 10, 14, and 16 for examples.
**Don’t forget newer brokers like Robinhood and Motif Investing.

30. 5
THINGS TO DO
1. Watch this video on “Account Setup” here:
http://bit.ly/BrokerAccountSetup.
2. Choose 3 to 5 discount brokers.*
3. Research reviews on each broker. A couple
sites offering reviews are
www.stockbrokers.com and
www.nerdwallet.com.**
4. Choose 1 to 2 discount brokers and open
accounts with them.
*See slides 8, 10, 14, and 16 for examples.
**Don’t forget newer brokers like Robinhood and Motif Investing.

31. 6
HOW TO EXECUTE ORDERS

32. 6
THINGS TO KNOW
• Investors enter buy and sell orders, but the
brokers execute them.
• Watch this video on “How to Perform Buy/
Sell Trades” here:
http://bit.ly/HowToMakeTrade.
• There are 4 main order types.

34. 6
THINGS TO KNOW
• Investors enter buy and sell orders, but the
brokers execute them.
• Watch this video on “How to Perform Buy/
Sell Trades” here:
http://bit.ly/HowToMakeTrade.
• There are 4 main order types.

35. 6
4 ORDER TYPES
1. Market - Buy or sell at current market value.
2. Limit - Buy or sell at a set price (limit).
3. Stop - A type of limit order in which a buy or sell
order isn’t activated and executed until a
certain price(s) is achieved.
4. Trailing Stop - Similar to a Stop order, but is
based on a dollar or percentage change
amount instead of set price point.

36. 6 Questions Answers
1. What is a broker? Buys and sells for
investors.
2. What types of brokers are available and
examples? Traditional and discount.
3. What are commissions? Fees to invest.
4. Are brokers and the market safe? Yes.
5. How to open an account? Video tutorial.
6. How to buy and sell stocks? Video tutorial.

37. “How many millionaires do you know who have become
wealthy by investing in savings accounts? I rest my case.”
- Robert G. Allen, U.S. House of Representatives Member
“The individual investor should act consistently as an investor
and not as a speculator.”
- Benjamin Graham, Professional Investor
“It’s not how much money you make, but how much money
you keep, how hard it works for you, and how many
generations you keep it for.”
- Robert Kiyosaki, Real Estate Investor
WORDS OF WISDOM

38. let’s connect
Black Market Exchange
Black Market Exchange
@black_market_exchange
Black Market Exchange
Black Market Exchange @BMEX_
@BMEX_
Black Market Exchange
Black Market Exchangeinfo@thebmex.com

39. ?

40. Disclosure
BLACK MARKET EXCHANGE, LLC is NOT a Broker Dealer. BLACK MARKET EXCHANGE, LLC engages in trader
education and training. BLACK MARKET EXCHANGE, LLC offers a number of products and services, both
electronically (over the internet through www.thebmex.com) and in person. BLACK MARKET EXCHANGE, LLC also
offers web-based, interactive training courses on demand.
The seminars given by BLACK MARKET EXCHANGE, LLC are for educational purposes only. This information
neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully
responsible for any investment decision you make, and such decisions will be based solely on your evaluation of
your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
This material is being provided to you for educational purposes only. No information presented constitutes a
recommendation by BLACK MARKET EXCHANGE, LLC or its affiliates to buy, sell or hold any security, financial
product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor
should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully
responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of
your financial circumstances. Such decisions should be based solely on your evaluation of your financial
circumstances, investment objectives, risk tolerance and liquidity needs.
Please note: Hypothetical computer simulated performance results are believed to be accurately presented.
However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice.
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Since, also, the investments have not actually been executed; the
results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity,
slippage, and commissions. Simulated trading programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is
likely to achieve profits or losses similar to those shown. All investments and trades carry risks.