Stock Markets Exposed
Investment Ideas For A Dummy?
I want to learn about the stock market and start investing some of my money on the side. I don't want to go with the pre-arranged investment packages offered at banks or other financial institutions. I want to play the stocks from my computer at home. Suggestions on where to begin? Any recommended resources for me to look at? Websites with information for me?
Public Comments
- bigcharts.com for comprehensive stock charts. finance.yahoo.com for financial standings of publicly traded corporations. investopedia.com and www.fool.com for dictionary and general education and scottrade.com to trade stocks from home. Not limited to, but these are recommended by some friends. hope it helps, and good luck trading. -Mr. Amazing
- Mr. Amazing's tips are good. Scott Trade is great, especially their Elite version. CNBC.com is also very good for information. My best advice is only trade with money you are willing to lose. Too many home traders use money they need to pay bills with, thinking they are going to become the next buffett or soros. I would practice with "fake money" (many places on-line offer this) before going to the real thing. Lastly, read magazines, newspapers (wall street journal, USA today money section). I could go on, but I'll keep it at that. good luck!
- Start off with Wikipedia and Investopedia. Open a brokerage account with a low cost brokerage as you'll likely be trading in small lots and commissions will eat into your return. My recommendation would be TradeKing. Things to remember: Be patient. Do research on each company you are interested in. Don't be quick to jump into a company. Any money made from a sale is good money. Be content with any gain. Set stop losses. Good luck!
- read read read then start with play money first.
- IF U COULD TRUST ME & TRUST U IF I COULD the money-market ... not only at home, its legal too.
