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Buying Stocks with QAV Light

Are you brand new to buying stocks? 

Don’t wor­ry — this guide will help you get start­ed. 

QAV Light is the easy ver­sion of our invest­ing sys­tem.
Each week, we send you one stock idea and updates on the QAV Light port­fo­lio.
You can choose to copy those trades in your own account, or just fol­low along.
This guide shows you how to buy and sell the stocks we email you.

Step 1: Choose a Broker (Trading App)

To fol­low QAV Light, you’ll need a share-trad­ing account where you can buy and sell stocks on the ASX.

**What to look for**
- Low bro­ker­age fees
- Easy to use on your phone
- CHESS-spon­sored shares (so they’re held in your name)
- No com­pli­cat­ed fea­tures required

**Sim­ple, begin­ner-friend­ly bro­kers in Aus­tralia**
- **Stake** – easy to use, CHESS-spon­sored, low bro­ker­age
- **CMC Invest** – well estab­lished, low-cost
- **Comm­Sec** – reli­able, but usu­al­ly high­er fees

You only need one. Pick the one that feels eas­i­est for you.

Step 2: Fund Your Account

Fol­low your app’s instruc­tions to trans­fer mon­ey from your bank.
You don’t need a lot to get start­ed.
Even $1,000 is enough to begin build­ing a port­fo­lio slow­ly, one week at a time.

Step 3: Buy the Weekly Stock (If You Choose)

Each week we’ll email you the QAV Light stock pick.

To buy it:
1. Log into your cho­sen app
2. Search the ASX code (for exam­ple: “ASX: XYZ”)
3. Tap **Buy**
4. Enter the amount you want to invest
5. Choose “Lim­it Order” or “Mar­ket Price”
6. Con­firm the trade

What is a Lim­it Order?

This sim­ply means you’re choos­ing the price you want to pay (usu­al­ly close to the cur­rent mar­ket price).
It helps avoid pay­ing too much dur­ing sud­den price swings.
If you don’t want to think about it, most apps let you choose the cur­rent price and sub­mit. We usu­al­ly just use Mar­ket Price.

Step 4: You Don’t Need to Rush

QAV isn’t day-trad­ing.
If you miss the exact price we show, that’s fine. We don’t care about catch­ing per­fect entry prices.
Just buy with­in a rea­son­able range over a day or two.

How­ev­er, as a gen­er­al rule, if your buy price is >10% of the price we quot­ed, you might want to hold off and wait until next week’s email. 

Step 5: We Tell You When We Sell

If a stock in the QAV Light port­fo­lio needs to be sold, we will email you.
You can choose to sell it in your app the same way you bought it.

Step 6: Enjoy the Journey

QAV Light is designed to be:
- Easy
- Stress-free
- Rules-based
- Long-term

There’s no pres­sure to act every week.
Some mem­bers only watch and learn. Oth­ers copy every trade.
Both are fine.

If, lat­er on, you want to run the full QAV sys­tem your­self, you can upgrade to full mem­ber­ship. For now, relax and let the week­ly emails guide you.

 

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