Congratulations on getting started. It’ll help you more than you know!
How to invest depends on what you already know. We'll assume that you're beginning.
A good primer is How to Make Money in Stocks by William O'Neil. You can get it cheap just about anywhere. It’s widely available new or used.
Another good one is one of Jim Cramer's books.
But books will only get you so far. At some point, you'll also want to get at least a little training. There are some great education companies if you want to make the investment. Investools.com or optionetics.com are both very good companies as is tmitchell.com
For free, you can start by visiting thestreet.com. That'll get you a pretty good primer so at least you'll understand what the markets are and what a stock is, etc. If you get a chance, watch Mad Money on CNBC. Don't trade any of his picks. Just use the show to get you to understand some basics and get a feel for the market itself.
Next, subscribe to something like investorsbusiness daily or something like that that can help you identify good stocks.
Do a quick search (at the top of the page) on ROTH IRAs. You’ll want to put some money in there.
Once you understand stocks, go to 888options.com. It's a website that'll help you understand options (what they do, how they work, etc). You don't need to trade them, but the more you know, the more you'll see how options can really be the safest way to invest (once you're educated).
As you get more advanced, you might want a technical analysis book like Murphy's Visual Investor or A Technical Analysis Course by Meyer.
If it's discipline (which is crucial to successful trading), probably Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter
I know that’s a LOT to absorb. Just take it one step at a time for now. Start slow, then as you figure things out, move out of mutual funds into ETFs and/or stocks.
Congrats again on getting started. If you have any questions, please let me know.
Hope this helps!
2006-11-11 15:00:00
·
answer #1
·
answered by Yada Yada Yada 7
·
1⤊
0⤋
Shares.. also known as "stock". Which market? What kind of stock? Where to invest? The term "shares" could also apply to real estate. Get all of the information you can, and get more detailed in your pursuit. And read and understand EVERYTHING you sign!
These links will help you get used to the terems and facts that may appear...
http://www.consumer-guides.info/Financial/stock_market/index.html
http://investopedia.com/university/stocks/
http://www.factmonster.com/spot/stockmarket.html
http://www.atozinvestments.com/stock-market-basics.html
2006-11-09 19:59:30
·
answer #2
·
answered by Snaredrum 4
·
0⤊
0⤋
TD Ameritrade.
2006-11-10 12:49:59
·
answer #3
·
answered by Anonymous
·
0⤊
0⤋
Use this site. It is excellent for teaching investment to beginners.
http://www.fool.com
2006-11-09 19:45:57
·
answer #4
·
answered by artaxerxes-solon 3
·
0⤊
0⤋
first - ur age risk tolarance responcibilty expectation capital etc r to consider first
accordingly investment % in fd stock commodity mutual fund will be desided
each class also has many choices
2ly active or passive ie managing self or by other potfolio manager
keep track of all investment for me time is more important than moeny
control ur fear and greed
learn some basic before finalising investment & do mock trading for few month
for share market technical analysis is useful
4 it use aptistock freeware
EASY ENTRY & EXIT in EQUITY share Market
You may not find it useful, but may help your friend a lot. Please forward this email to all in your addressbook
FII are controling INDIAN stock
help our people for better entry and exit in share market
This is a free BUY SELL reccomendation software for NSE & BSE share
No need to pay subsription to anyone for tips just download data daily
Simple userfriendly easy freeware.
Steps -
1- visit www.aptistok.com & get free/profftional/beta version or
google search for "aptistock freeware download"
2- download and install
3 - click download > update symbol list > select NSE BSE IND > OK
select tools > data downloader > click 'stock'
> click stock market > select NSE (bse )
> click select all > OK
download (1 day delayed EOD data )
update end of day data same way everytime
4 -to additional update/add EOD data
download bhavcopy from BSE NSE site convert it into text doc
- see HELP > content > index> EOD >importing EOD> sample #1
click tools> data downloader > import > brouser > link txt doc
> data destination > select BSE/NSE India
click import
5 - technical tool
click insert
trade flag STC
main chart indicator EMA & SAR
sub chart indicartor william % R or RSI or MACD
click chart > right click > save as defult
6- Buy sell signal on daily weekly and monthly quarterlt( 63days)chart
- follow Weekly Buy green signal for short term delivery(6-12 month) delivery with stop loss of Red sell signal on daily chart
- follow monthly Buy green signal for long term delivery(1-10 year) delivery with stop loss of Red sell signal on weekly chart
- Buy never sell delivery on quartly buy Greeen signal. with monthly sell as stop loss signal
7- strong buy = stc buy green + sar dot below graph
strong sell = stc sell red + sar dot above graph
Rise of 20% after weekly buy-sell-buy signal(double bottam) combination
Fallon about 25% after weekly sell-buy-sell signal(double top) combination.
8- Target Corrction/support in fall is valuewise nearest BUY signal weekly
Target Rise /resistance in rally upto valuewise nearest SELL signal weekly
You can also get more recommendation,research,analysis on following site -
www.dlngroup.comstock specific buy sell recommendation/signal
www.vfmdirect.comstock specific buy sell recommendation/signal
www.moneycontrol.comfor all details - multypurpose
www.businesslineonline.combusiness newspaper
www.businessstandard.combusiness newspaper
www.dna.commoneybusiness newspaper
www.economictime.combusiness newspaper
www.financialexpress.combusiness newspaper
www.ways2gain.comindividual analysts links
www.valuenotes.comindividual analysts links
www.indiabulls.comstock technical chart
www.bseindia.comstock technical chart
www.stockcharts.com$BSE index chart/target
karvy,lkp,il&fs,ways2wealthbroKers recommendation,research
hdfcsec,utisec,icicidirectbroKers recommendation,research
You can use this software for commoddity graph with little extra effort
-get data file of desired commodity from ncdex.com for desired period
- save it in csv format
-mix all data datewise in decending order.
-follow ASCII date o h l c vol c
-make new folder in drive C > prog file > aptistock > data
-save comm csv file in new folder
-opne aptictok
-click file near fvrt > yourfolder > commfile
- update data manualy daily whenevr needed from ncdes to commcsv file
medved quotetracker is free software for intraday signal for nse & mcx stock and commodity
Keep riching & enriching everybody.
dinuthakur@gmail.com
2006-11-09 19:53:11
·
answer #5
·
answered by dinu_pawar 5
·
0⤊
0⤋
contact some stockbroker who has made a name , not some unknown
2006-11-09 19:48:20
·
answer #6
·
answered by Anonymous
·
0⤊
0⤋
http://www.best-stock-trading-systems.com/sharebuilder_review.html
2006-11-11 20:28:42
·
answer #7
·
answered by Anonymous
·
0⤊
0⤋