Can anyone help me read and understand the stock market??

Question

Im trying to get into the stock market and invest to and try to make some money but I need some help understanding what I see. If some would like to chat over IM if they have free time that would be appreciated.

Answer 1

There are plenty of good books written on the subject. Your library should have some. You can go to Amazon and read up on which books people think are the best. People on Amazon have compiled lists of investment books.

One book you can start with is "Investing for Dummies" under $20.

Answer 2

I would recommend either searching the Internet for some credible sources that give general information about the stock market, or really better yet, go to your local Barnes and Noble and find you a book that is easy for you to understand and gives stock market information. What you don't want is a book that gives advice on what kind of investing you should do or what company you should invest in. That kind of advice is a varied as there are types of fish in the sea. You need a book that educates you about the stock market in general so you are at least familiar with the investment environment and know the terminology and how the stock market basically works. I picked up The Wall Street Journal Guide To Understanding Money & Investing from Barnes and Noble for 15$. It is very intuitive and easy to understand. It is now called Standard and Poor's Guide and the ISBN number is ISBN 0-9764749-8-0. I am including a link to the website where you can purchase it below.

Answer 3

Well, I'm not going to IM you, but just today I made a couple of purchases and maybe my telling you how might help. First, I looked for a group, in this case it was the S&P500, last trades before that were something I saw in the ETF (Exchange Traded Fund) PXN--Powershares Nanotechnology. You can often look at lists of what mutual funds and ETFs hold, then select from interesting ones among that list if you don't want the full basket. The trend on them had changed, so I sold before it put me at a loss. Then I looked for a couple of interesting ones in the S&P500 because Standard & Poors and BusinessWeek had already gone through a bunch of sifting to boil down to this group of solid companies most likely (certainly not guaranteed) to be profitable in terms of market appreciation. I'm sort of getting a free ride, to some extent, on the research of other people. Then I checked for two things: affordability (sorry, Google and things like Berkshire Hathaway are too rich for me--I get nosebleeds in that rarified air), and profitability or the appearance of a return to profitability. Having found something passing those two criteria I then have to see what the market is doing with them. After sifting through several, I found about ten that really interest me. Some are possibly close to turning a corner, but aren't there yet. Some are distinctly going somewhere. One has been for a while and the other only very recently. Charts are good for this. Look for averages and momentum. If the rest of the market is taking these stocks on a ride to bigger and better things, I'm going to ride along with them. If they change their mind, I get off until they are going my way again. That is with my trading money. My investment money finds a long term profitable position with long term profitable places, and stays there for the long term. Think of it as growing a tree so you can pick its fruit when it matures. Trading is more like walking through an orchard to find which tree is dropping ripe fruit already, so I can stand under and pick a few.

Take your time and don't go where you don't know--if you don't understand how it works, then keep studying (and practicing at the practice trading sites) before you plunk real cash down, or at least lots of it. Good luck..

Answer 4

I think the best way to learn about the stock market is to study what the best investors are buying and selling. You can see this at 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.

Answer 5

READ READ READ.

William Graham, Peter Lynch, ANYTHING.

Making money through investing is like growing a tree.

You can't grow an apple orchard from one seed in a year...you just can't. It takes time. Reading, however, makes you better at taking care of your existing trees. Until then, stick with large companies/index fund ETFs/low cost mutual funds.

Answer 6

Get diversified! Think long-term!

As you're just getting started, I'd consider investing in a few mutual funds in a retirement account, eg, like a Roth IRA.

Regarding specific mutual fund companies, I prefer Vanguard index mutual funds because they don't charge a broker fee ("no load"), and their expenses ("expense ratios") are low.

Answer 7

choices are aplenty when it comes to investing... one such is currency trading and available in 24 hrs a day... there are also many systems available in the market to provide tips as well but do observe their terms and conditions.. take a look at http://www.prosignal-forex.com/index.php?ref=1342 for example. hope this helps!

Answer 8

If you Reilly welly to make money go to wealthpools.com
it work for me i investing money with the company and i receive good money every month.

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