Stock trading?

by David Jenyns on May 29, 2011

Question by adamesd010: 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

Best answer:

Answer by Eric G
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.

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PraiseBob May 29, 2011 at 11:18 am

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!

fospauaar May 29, 2011 at 12:13 pm

Here are some good websites

http://www.garyk.com
http://www.cnbc.com
http://www.thestreet.com
http://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

Chad May 29, 2011 at 12:49 pm

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.

nate f May 29, 2011 at 1:33 pm

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!

kny390 May 29, 2011 at 2:09 pm

Go to your local Junior College. They have basic clases in investing.

Socrates470BC May 29, 2011 at 2:42 pm

The stock market can be risky at the best of times, even for experienced investors. However, everyone has to start somewhere, and if you do not start now then when will you acquire the necessary experience?

Do read some books on the subject. Visit your local book store and find a book that you like and feel comfortable with.

Some of the titles I have on my bookshelf include:
One Up on Wall Street by Peter Lynch
How to make money in Stocks by William J. O’Neil (Founder of Investor’s Business Daily)
The Millionaire Next Door by Thomas J Stanley and William D Danco

Check out web sites like fool.com and yahoo finance.
Investigate trading strategies with a proven track record over 3, 5, 10, and 15 years.

Pick something that you understand, find easy to use, will help you realise your goals, and where you can take responsibility for your investments and be in full control of your capital.

Systems like the Stocks Monthly system are definitely worth investigating once you are up to speed with the nuts and bolts of investing.

slavaret2 May 29, 2011 at 3:05 pm

You can’t know everything. What you can do is hang out with experienced traders and pick their brains. They are the ones in the trenches and know what’s working right now. Go to:

http://finance.groups.yahoo.com/group/TradingZoom/

yueer l May 29, 2011 at 3:23 pm

Hi, here is a collection of informative articles about investing. a free online investing tutorial for you.

http://www.investingtutorial.info/

good luck !

wish you make fortune from investing !

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