From my experience, to profit from speculation, you have to cope with losing money FIRST. The second thing is to overcome greed and treat it as a business, otherwise, put your money into some funds and let people do it for you.
2006-12-10 03:37:18
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answer #1
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answered by ◄Hercules► 6
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I think the best place to start learning about the stock market, is to see what the best investors are buying and selling and why. This is the idea behidn the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
2006-12-10 11:08:08
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answer #2
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answered by Anonymous
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there is a lot of theory, there is a lot of luck, and there's a lot of REALLY smart people out there that are using high-powering mathematically driven techniques to do it better than you. For instance, I know someone who works at a company that uses a supercomputer to find market inadequacies and exploit them for profit. Hence things like the average lifespan of an arbitrage opportunity is less than half a second or something.
I think you need to start understanding how they are valued. How to value a company based on key statistics like P/E, ROE, etc..
Then you should understand how/what volatility is.
Then I think you might look into some companies, but that's just my personal opinion.
2006-12-10 11:15:10
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answer #3
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answered by Modus Operandi 6
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For first six months read financial newspapers like Economic Times, Financial Express and watch business channels like CNBC and NDTV-Profit. Then while investing your money, remember not to put all your money in a single stock and not to use more than 20% of your investible funds in a single month.
2006-12-10 11:47:32
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answer #4
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answered by Ven 4
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watch the market daily with the help of media such as ndtv, cnbc. buy some books which related to stocks and read it.. refer some sites related to that.. this wil help to improve your ideas in this field,
All the best for becoming masters in this field...
2006-12-10 11:17:02
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answer #5
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answered by JR 1
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You try to pass CMT(Chartered Market Technician) exams conducted by market technicians Association, USA. This certification is recognized by SEC.
2006-12-10 11:54:36
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answer #6
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answered by StraightDrive 6
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try motley fools website www.fool.com. I find it very resourceful.
2006-12-10 12:39:59
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answer #7
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answered by mms 2
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go to sites like icicidirect.com & moneycontrol.com
2006-12-11 03:37:08
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answer #8
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answered by Anonymous
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send me all your money
I shall invest it
I will tell you where and why
2006-12-10 13:14:34
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answer #9
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answered by Anonymous
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