Buy diverse stocks in well managed companies and hold them for the long run, 10 years or more. That's all Warren Buffet has ever done.
2006-11-28 16:51:13
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answer #1
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answered by Anonymous
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To succeed in the Stock Market, you need to get a feel of the market. For the initial part, simply observe how things happen. Slowly gather what people mean when they say Bull / Bear / Resistance etc etc.
Then start with investing small amounts. for trading online you need to open a DMAT account. There are many places you can do this (I think someone else has already asked a qn on Yahoo Answers reg DMAT account; refer there for more details).
Share rate fluctuations largely are logical. But the prob comes when people simply trade shares like they are lottery tickets! Each buy / sell action should be based on logical reasoning.
But unfortunately, in our country even illiterate people have shares just cos some of their friends bought some! I am not demeaning illiterates; if they learn the trade and get in, then fine - they'll be doing service for the economy! But most people dont do so! They simply get sucked in cos they think it's a game of luck where your chances of success are almost sure. As a result they take lots of uninformed decisions. This will have an effect on the entire stock market!
So you need to be able to guess what these kind of people will do in each situation. THAT is the secret for success.
Remember one thing - in the stock market, what the majority does works. It may not be right, but if you wanna save your money, forget all logic and run with the crowd! I know this would mean you also would be takin the same uninformed decisions. But anyways everyone else is doing so; to save yourself, do as they do!
2006-11-28 17:12:44
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answer #2
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answered by Flashy V 2
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Its easier said than done. the only sure way to make money in the stock market is inside information. Barring that there are some approaches that are pretty effective. It depends on your approach, aggressive or conservative. If you are conservative look for companies that are cheap and profitable and whose products/ services look to have a bright future. If you don't know what that means do some research on value stocks.
Another approach is Fallen angels. Basically look for companies that dropped for temporary reasons such as a corrupt executive, lawsuit, or accident. But whose business is otherwise sound. examples of this are AIG, Johnson and Johnson etc. look for well known and steady companies that are in trouble in the news. But be carefull to not buy an Enron. To do this you have to understand how serious the problems are.
A very risky approach is to buy speculative stocks. Stocks that can explode like a Microsoft. This is very high risk You basically look for very small companies with a new product or service that you think will take off. More often than not they fail so beware. but this is the best way to make big gains.
In terms of where to get ideas for stocks? Check out investing magazines, books, newspapers, investing websites like fool.com, join an investing club, stock newsletters, online discussion boards etc. These can introduce you to stocks and you can do your own research. But to do proper research takes a long time.
You can also invest in indexes. Basically baskets of stocks like the Dow Jones, Nasdaq, or by sector or country. Such as Oil, technology, precious metals, Europe, Emerging Markets. If you are going to invest in this type, here's a tip. Buy indexes that are down. Don't look for ones that are on an upswing. Remember buy low sell high? Most people don't do that. Thats why most people aren't good at investing. Thats called contrarianism.
Here's a hint. Oil will continue to go up in value in the years ahead. I promise.
Best of Luck. Remember, its a casino, but you can slant the odds a bit in your favour but you'll also need luck. Don't put all your eggs in one basket.
2006-11-28 21:03:27
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answer #3
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answered by Anonymous
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I would suggest opening an account with Saxo Bank. Saxo Bank is an investment bank operating in Denmark, London and Singapore. Through the bank you are able to trade global stocks and shares on 19 of the worlds most liquid and active stocks markets. For example, you can trade stocks listed on the New York Stock Exchange through Saxo Bank. From my opinion, Saxo Bank's equities research is right on target on advising an investor what stocks to buy, take profit or cut loss. For more information i would suggest you try their free demo account. Have fun and happy trading !. Saxo Bank's website is www.saxobank.com
2006-11-28 18:12:39
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answer #4
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answered by Ariff Shah 1
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Hire the Best.
Top 5 Answerer.
2006-11-29 12:12:35
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answer #5
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answered by Anonymous
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there is not any specific element stunning now in dealing with the inventory marketplace. What I do is study shares in the cost selection i'm keen to spend after which examine them out as to any dividend money. I %. those that are paying out a dividend. (computerized income). next I check out those that teach a upward thrust in company income etc. In different words, they're nonetheless getting income spite of if their sales are down. the final element I check out is that if "suggestions" are obtainable. If a number of those check out, I bounce in and purchase a min. of a hundred shares. (one million-settlement). mutually as i'm conserving directly to the inventory, i could besides make some funds from it so I sell an "decision" settlement. you additionally could make funds merely conserving the inventory and merchandising suggestions. study up on each thing you are able to on suggestions while you at the instant are not familiar with them. I definitely have over 14- decision contracts i'm conserving mutually as waiting on the inventory to return up. merely verify which you do pass out a techniques sufficient (time smart) to earn some funds and the Strike cost of the alternative is extra advantageous than what you paid for the inventory in case you may desire to sell it whilst the alternative expires. in case you get noted as out and could sell, you nonetheless make funds on the version between what you paid for the inventory and what you had to sell it for. that's a entire Win-Win subject. examine it out. it fairly works for me!
2016-12-29 15:45:11
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answer #6
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answered by sterman 3
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Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
http://investing.sitesled.com/
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!
2006-11-28 21:35:27
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answer #7
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answered by Anonymous
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If you need more help than was answered by these answers, here's a great book on trading for beginners:
http://www.best-stock-trading-systems.com/trading_for_beginners_review.html
2006-11-28 20:33:44
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answer #8
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answered by Anonymous
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Deponds on involvement, dedication, study the company,time spend and etc
2006-11-28 22:56:16
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answer #9
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answered by ar.samy 6
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better be a part of good stock broker house
2006-11-28 16:52:27
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answer #10
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answered by Anonymous
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