How does someone begin trading stocks?
Payments
Asked by Question Bot05/Mar/20131 answer
1 Answer
F
Faisal Khan
Answered 05/Mar/2013
By understanding them first.
Anything less and you might as well do online betting. There are literally 1000s of websites devoted to learning the equities markets - covering US markets mostly, but the basic fundamental principals of investing would pretty much be the same (barring a few localised issues).
One of the best ways to learn about Buying/Selling stock - is to not do it immediately, whilst still in the learning phase. Depending on your education and knack of picking up stocks, reading financial information and reports and then understanding it all, this can take from a few months to a few years.
You should however have a hypothetical portfolio, think and assume you have say US$ 20,000 to invest. Then invest this money (theoretically) in long to medium terms stock investments and track them. For any serious person learning about the markets, think 6 months to 1 year as a minimum investment period.
Its a slow game of understand the 1000s of variables and not to get bogged down with information overload. The good thing to know is that you, at this early age are thinking correctly in investing (and hopefully savings as well).
Anything less and you might as well do online betting. There are literally 1000s of websites devoted to learning the equities markets - covering US markets mostly, but the basic fundamental principals of investing would pretty much be the same (barring a few localised issues).
One of the best ways to learn about Buying/Selling stock - is to not do it immediately, whilst still in the learning phase. Depending on your education and knack of picking up stocks, reading financial information and reports and then understanding it all, this can take from a few months to a few years.
You should however have a hypothetical portfolio, think and assume you have say US$ 20,000 to invest. Then invest this money (theoretically) in long to medium terms stock investments and track them. For any serious person learning about the markets, think 6 months to 1 year as a minimum investment period.
Its a slow game of understand the 1000s of variables and not to get bogged down with information overload. The good thing to know is that you, at this early age are thinking correctly in investing (and hopefully savings as well).