Investing Tips For Stock Market Beginners
Stock market is a great way to make money however not a lot of people have been able to play the game right. The reason is that most investors never have the game right and they will always plunge into the market without understanding how the stock market works.
There a few sites from where you can in reality get the real guidance regarding the stock market terminology and the stock market working. The three main stock exchanges in America are NYSE, NASDAQ and AMEX. Their websites have wealth of knowledge that you can use. These sites will provide you with a head start for your learning process
Another good option is to buy some journals and then read them end to end. An ideal way to learn with the books will be to join some virtual stock market gaming site where you can turn the theory you are reading into a real practical work. These sites simulate the stock market real time and you will get a feel of the stock market
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 understanding the next best thing is to open up an account with an online share broker and use that account to buy a first few stocks. Never buy high number of shares but small amounts to begin with.
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. - 23218
There a few sites from where you can in reality get the real guidance regarding the stock market terminology and the stock market working. The three main stock exchanges in America are NYSE, NASDAQ and AMEX. Their websites have wealth of knowledge that you can use. These sites will provide you with a head start for your learning process
Another good option is to buy some journals and then read them end to end. An ideal way to learn with the books will be to join some virtual stock market gaming site where you can turn the theory you are reading into a real practical work. These sites simulate the stock market real time and you will get a feel of the stock market
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 understanding the next best thing is to open up an account with an online share broker and use that account to buy a first few stocks. Never buy high number of shares but small amounts to begin with.
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. - 23218
posted by X - Men @ 5:26 AM
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