Investing Tips For Stock Market Beginners
If you are new to stock market then you should first take small steps and the first baby step is that you should learn all the stock market terminology. The other steps that you need to get done are the opening of an account with a stock broker as well as using a dummy account to get some good fail safe testing in the stock market.
There a few avenues from where you can in reality get the real understanding about the stock market basics as well as the stock market terms If you are looking at online place then the best place to start are the stock exchanges site of NYSE, NASDAQ and FTSE. These sites will provide you with a very good start for your learning process
Another good way is to buy some beginner's books and then read them thoroughly. An ideal way to learn with the books will be to join some stock market game where you can turn the theory you are reading into a real practical work. That will help you gain the understanding of the stock market as a trader.
Always get the basics first before thinking of going for high end products like futures and options. These are very high risk products and chances are that you will burn your cash in little time. That is why it is better to wait and watch and learn the game.
After a few weeks of learning the next best thing is to open up an account with an online discount broker and use that account to buy a first few stocks. Never buy high volumes but small volumes to test the waters.
Stock Market is a risk place so you should be well prepared. In that preparation make sure that you have the risk taking ability. The stock market is not for the faint heart - 23200
There a few avenues from where you can in reality get the real understanding about the stock market basics as well as the stock market terms If you are looking at online place then the best place to start are the stock exchanges site of NYSE, NASDAQ and FTSE. These sites will provide you with a very good start for your learning process
Another good way is to buy some beginner's books and then read them thoroughly. An ideal way to learn with the books will be to join some stock market game where you can turn the theory you are reading into a real practical work. That will help you gain the understanding of the stock market as a trader.
Always get the basics first before thinking of going for high end products like futures and options. These are very high risk products and chances are that you will burn your cash in little time. That is why it is better to wait and watch and learn the game.
After a few weeks of learning the next best thing is to open up an account with an online discount broker and use that account to buy a first few stocks. Never buy high volumes but small volumes to test the waters.
Stock Market is a risk place so you should be well prepared. In that preparation make sure that you have the risk taking ability. The stock market is not for the faint heart - 23200
posted by X - Men @ 4:43 AM
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