i have always wanted to learn how to play the stock market... but dont know where to go to find information..is there a site i can go to that will show me how it is done .. i need something easy kinda like stocks for dummy's
2006-12-15 10:32:59 · 7 answers · asked by ? 5 in Business & Finance ➔ Investing
You might be interested in 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. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
2006-12-15 13:57:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
1. Learn about the market
2. Send Ameritrade some money. Usually $500 is the min.
3. Play the market
4. Buy low, sell high.
Read this book: Best Stocks You Can Buy 2006 by John Slatter.
Have fun and Happy Holidays
2006-12-15 11:42:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
First, stop thinking of "playing" the market, your mindset affects how you view your investments which will determine how successful you are. You need to take investing seriously. Research how to determine what makes up a good company, terms like Return on Equity, Debt/Equity, profit margin, etc, are all things you need to understand in order to be able to successfully identify good companies with any consistency. Learn more about the market and you'll be much more confident when making investments.
2006-12-15 10:55:44 · answer #3 · answered by STEPHEN J 4 · 0⤊ 0⤋
I would highly recommend reading http://ibooyah.com/blog/2006/12/getting_started_step_by_step_1.html - this is a step by step method to getting started. The site also contains post of stock analysis.
2006-12-15 16:51:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋
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!
2006-12-15 20:35:29 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Read the book, "Understanding Wall Street".
2006-12-15 11:31:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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2006-12-15 16:14:08 · answer #7 · answered by dinu_pawar 5 · 0⤊ 0⤋