Stock Market Small Buys?

Question

I want to start out in the Stock Market, where do I go? Everywhere charges in excess of $10 to buy some shares... All i want to do is throw in something small ($3) and just see what happens to it, is there somewhere that I can go?

Answer 1

First of all, $3 is a complete and utter waste of your money and any brokerage firm's time (there is a cost to the firm to process your transaction.

It doesn't work as an investment because, you can't buy anything but a single share of a penny stock that way, and penny stocks are well..virtually worthless and usually trade infrequently and with a wide margin between the buy and sell price (if you don't know what that means, you are not ready to buy stocks).

In other words, you won't make a dime. I do know of a firm that will let small investors buy fractional shares of stocks, but not at the level you are talking about so I'll spare THEM the hassle.

Small investors should start with mutual funds. Mutual funds come with instant diversification (which is important for both risk sake AND potential returns sake) and professional management. There are a few fund companies that will let you start as small as a few hundred dollars and with regular monthly investments of $25-50.

But if you are just trying to learn the market and don't have money to invest, do two things:

1. Buy a beginner's book on investing - Investing for dummies is a good one, or..more specifically Stock Market for Dummies.

2. Go to Yahoo.com or one of the other websites that has virtual trading games and join one. That's where you play with "virtual" money (ie..no real cash). It lets you get the feel for how to invest, before you risk any real cash.

REAL traders, both professional and good amateurs, always start out paper trading (virtual trading) to learn how to read the charts and understand technical analysis BEFORE they ever touch real cash.

Answer 2

Hey,
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org

I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.

As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org

Answer 3

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Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/16635
It's probably the best way to learn how to win with binary option

Answer 4

Binary trading is notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: ( http://forexsignal.kyma.info ) I definitely recommend subscribing to this site in particular. I was a bit weary of binary trading from all the bad hype they receive but this site is pretty legit. This course explain everything you need to start a very profitable trading activity. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules

Answer 5

You need to begin with about $1000 or so. Save up until you have about that much. One option is to find a couple of good mutual funds. That will get you started. Then you can see what happens to it. You do not need to have a brokerage account to purchase a mutual fund. You can purchase them directly from the fund. Go to Yahoo finance and run a couple of screens of the mutual funds and find one that looks interesting.

Answer 6

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
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Answer 7

Scottrade is just $7.00

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