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| *Ostroff, Fair and Company>>>Investing |
Stock trading? |
I want to know everything there is to know about trading. Im a newbie and want to know how it works the lingo they use how to analyse "numbers" what you need to do to get started and so on. thanks go to sites that deal with stocks, they can better answer this question. there is a lot to know and make sure you do research before committing to any company. A piece of advice don't listen to forums when they talk about buying stock, they are in it for themselves and most will tell you to buy or sell based on if it will help them. Source(s): http://www.investorshub.com That's a little bit more of an involved question than you can expect a through answer to in a forum like this. People spend years learning how things work. Bottom line: buy low, sell high. I'm not being sarcastic and as simple as that sounds, it is really what it boils down to. There is no magic to picking good companies, it is just a matter of doing your homework and keeping an eye on the market. Nobody is going to tell you the magic formula (or if they do they are making their money selling you their opinions rather than in the market, hmmm....) The best way to start is subscribe to a couple of financial rags and keep an eye on finance.yahoo.com. Invest for awhile on paper (kind of like fantasy football) and see how you do before you start playing with real money. Good Luck! Here are some good websites www.garyk.com www.cnbc.com www.thestreet.com www.bloomberg.com You can download lots of good starter info from some of the Mutual fund and brokerage and mutual fund sites like Fidelity and Vanguard Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work, or you will become very frustrated and disappointed. Visit Vanguard.com and learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks. Listed below are links to FREE investing websites where you can learn the basics. http://www.vanguard.com http://www.lucky-dog-investing.com... http://www.investopedia.com http://www.motleyfool.com Why do you want to stock trade? I have been trading stock for 10 years. I only pick money off the floor when i see it. The rich make thier money from businesses and real estate. Pick up some books on this and read them. Your ROI will be much larger. The best trades puts or call will usually not return more than 10Percent. But if you like this type of trading check out the gold charts. our economy is trashed pushing gold up. If you must trade go through the investools program. This teaches you how to cut your losses fast increasing profits! |
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