The first place you begin is education. You need to have a sense of yourself and your money. Every investor is unique.
You can open brokerage accounts for minimal amounts. (Charles Schwab is an excellent discount broker with very helpful tools and staff; $2,500 account minimum.)
http://www.schwab.com
Read, read, read, read. Then study. Create a fantasy portfolio. Know your risk tolerance. Find what is right for you.
There is a WEALTH of information available to you at no charge - take advantage of it. Read everything you can set your eyes on! Local papers, global papers, opinion ...
Basic Investing (Money 101)
http://money.cnn.com/magazines/moneymag/money101/lesson4/index.htm
http://finance.yahoo.com/education/begin_investing
http://njaes.rutgers.edu/money/investmentrisk.asp
http://www.investopedia.com/default.aspx?viewed=1
http://www.marketpsych.com/money.php
http://www.smartmoney.com/
http://www.atozinvestments.com/stockmarketbasics.html
Financial terms:
http://www.duke.edu/~charvey/Classes/wpg/glossary.htm
http://finance.yahoo.com/personal-finance/glossary
http://www.bloomberg.com/invest/glossary/bfglosa.htm
http://www.forbes.com/tools/glossary/index.jhtml
http://money.cnn.com/services/glossary/a.html
I've made money and lost money. Just remember, never invest more than you're comfortable losing.
Good luck!
2007-03-15 18:15:07
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answer #1
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answered by pepper 7
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Your question is about a stock exchange?
There are many, and most carry the same corporation's stocks by which trades are made daily.
For a beginner, I repeat what I keep telling everyone on Yahoo Answers...it begins with the first baby step.
All the book reading in the world won't get you the knowledge you will need to make important decisions.
Stocks change all the time. It is based on supply and demand. Some stocks will go up, then drop, then go back up again and again, over a long period of time. When I see this in a particular stock, it presents opportunity.
Over the course of the last twenty years, I have seen some spectacular gains and some severe losses. I now have about a hundred and thirty different type stocks by which I make decisions about when to buy and sell, based on their trading history and whatever news that may relate to their type of business.
Most of the time, when you read about a company in a major newspaper like Barrons or the Wall Street Journal, it could be misleading. Do not act upon what you read. This is lesson #1. Sometimes that news might be stale, or was known well in advance so that some have already cashed in on it.
My experience resulted in many "free" shares I've accumulated by simply buying and selling over an extended period. My motive is to get as many free shares as I can.
You don't need too much money to begin with. Even several hundred dollars is a good start. You can make three trades, and you might get those trades commission free if you open an account with a discount broker. Keep you stock trades to a minimum of several hundred dollars.
Here are some ideas:
Say you want to get involved with a company like C.M.G.I.
Recently there was high volume, so if you buy 70 shares it will cost you less than $140.00. You wait awhile, and when it reaches $3.00, sell 50 shares. The remaining 20 shares are now free.
Repeat this again and again.
Now, in addition, consider a plan by which you invest small increments each month, say $50.00 a month (and raise it when you earn more money)...into a good fund or preferably a plan offered by your employer (401K).
These above ideas I offer as sound advice, advice I wish I had when I was young, or had started for me when I was a toddler.
Over the long run, stocks have a good history going for them.
Beware, short term it doesn't look very good.
2007-03-09 23:25:17
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answer #2
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answered by Anonymous
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A Stock Exchange is is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities. Examples are, The New York Stock Exchange, London Stock Exchange, Toronto Stock Exchange, etc. There are stock exchanges all over the world.
I'm assuming by your question of "are you in the stock exchange" means do I own stock, since I'm not sure how to be "in' the exchange. Yes I do. Some are listed on the NYSE. Some are listed on NASDAQ.
As a beginner, you really need to do a lot more research on the stock market before you even attempt to buy stocks or you will lose your shirt. You need to understand what to look for in buying stocks. Don't fall for any of those stupid emails that tell you some stock is selling for .53 cents but is going to go up like a rocket. Those stocks are, for the most part, garbage and you'll never make a dime.
The best thing you can do for yourself right now is go to your local bookstore and buy a book on investing for beginners and get a good overall understanding of the stock market BEFORE you try investing. If you don't know what you are doing, you will lose money for sure.
2007-03-09 23:12:28
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answer #3
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answered by Faye H 6
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My first piece of advice is read and learn before ever putting a penny into the stock market. There is a high learning curve especially if you plan on trading individual stocks.
Secondly, start with an index fund or mutual fund from a company like Vanguard.com who has a long history and a great reputation. This will keep your risk diversified as opposed to buying individual stocks right off the bat. It will also give you a feel for the stock market.
Just my personal opinion, but I think you need at least $3,000 to begin trading stocks. Most quality mutual funds have a $3,000 minimum. Some brokers only require a $500.00 balance to open an account, but you won't do to much with only $500.00 in the stock market.
2007-03-09 23:02:30
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answer #4
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answered by Anonymous
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If you make informed decisions and approach your penny stock investments with the same thoroughness that you’d use in your other investments, you too can unlock a whole lot of profit potential. Learn here https://tr.im/P1hTF
It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.
This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor
2016-02-16 18:14:00
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answer #5
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answered by ? 3
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If you want to make money with binary options then this detailed educational articles and strategy guides. Go here https://tr.im/2DgV2
These will teach you to efficiently trade financial assets and increase your winning probabilities. You can implement these strategies at binary options brokers. The idea is to always choose legit and reputable brokers to avoid being scammed
2016-02-13 21:47:19
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answer #6
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answered by Sina 3
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the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 13:58:12
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answer #7
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answered by SKRADSKI 3
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Try www.iii.co.uk (or .com) and try www.motleyfool.co.uk.
Both have excellent information end services. I learnt a lot through them.
2007-03-14 08:44:44
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answer #8
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answered by TK 3
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search in yahoo for stock enclyopidia and from that you can get the information
2007-03-14 04:55:24
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answer #9
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answered by gaya.0001 2
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In the UK, you can start off with as little as £20 a month by opening a HALIFAX SHAREBUILDER account, which charges £1.50 commission per share purchase, and £5 commission fee to sell (so ideally you only need to cough up £20 - £120 in order to buy enough shares to cancel out the cost of the fee, and be able to sell them again in a hurry if you have to without getting nailed by commission fees).
http://www.halifax.co.uk/sharedealing/sharebuilder.shtml
Most traditional brokers generally charge £10 commission to buy & sell shares, which means you need to fork out £500 - £1000 per share purchase in order to do the same thing I mentioned when giving Sharebuilder a free plug.
HOWEVER....... before doing all that, you need to sit down and learn the basics. The best place to do this for UK investors in on the UK version of financial website THE MOTLEY FOOL, and in particular their article
"How to profit from shares"
http://www.fool.co.uk/school/2006/sch060130.htm
With regular updates in their Investors section:
http://www.fool.co.uk/investments/investments.aspx
Another good starting point when learning the ropes is to join in the online fantasy Stockmarket game @ http://www.bullbearings.co.uk
Which allows you to practise with fantasy money as if you were doing the real thing, instead of putting your own money at risk...... and believe me, there's no better way of losing money than leaping into the stockmarket without knowing what you're doing and CAREFULLY researching the companies you're thinking of investing in to see if they actually worth investing in.
The best place I've found for checking up on UK stocks is this section of THE MOTLEY FOOL:
http://quote.fool.co.uk
In particular I look at the sections "FORECAST" + "Fundamentals".
Here's some good examples of what a "FORECAST" page of a company with good long term potential should look like:
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=HBOS
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=ADM
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=CUK
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=SNCL
While this is how some ones you should be a bit wary of may look:
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=BGO
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=UKR
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=DNK
There are also many good books on investing in stocks, and here's a small selection I've put together:
http://astore.amazon.co.uk/jdcouk-books-21/203-9338484-3266364?_encoding=UTF8&node=31
I've been investing on the UK Stock Exchange since March 2005, with mixed results.
The first year, I made a loss of 19%, which I put down to splitting my purchases into 4x £5 minimum purchases, which mean't 4x £1.50 commission fees = £6
By around end of December 2006, I'd pulled it back to -6% which I guess was partly down to splitting my minimum £20 a month to just 1 or 2 company's shares a month, which mean't more of my money went on shares, and less of it on commission fees.
So far this year, I'd clawed it back to being 0.98% short of making a profit before the minor crash at the end of February.
It's currently at -4.87%
Positive Hi-lights (shares in profit)
Aquarius Platinum (AQP.L) - 246.42% in profit
Manganese Bronze (MNGS.L) - 222.68% in profit
Trafficmaster (TFC.L) - 98.86% in profit
Dominoes Pizza (DOM.L) - 69.57% in profit
Marks & Spencer (MKS.L) - 42.75% in profit
Negative Hi-Lights (shares not doing as well as I'd hoped)
Amino Technologies (AMO.L): -82.44% loss
Telephone Maintenance Group (TEL.L): Shares suspended since january (loss -81.18%)
BANGO (BGO.L): -71.18%
BP (BP.L): -45.63%
Woolworths (WLW.L): -44.09% (bought during takeover speculation, gone down alot since)
Final piece of advice - Don't take anyone's "Hot Stock tip" as a serious recommendation to immediately go out and buy it, merely an idea to add it to your list of companies to research and make your own mind up.
Further Reading:
http://www.fool.com/investing.htm (original US Motley Fool)
http://www.investopedia.com
http://beginnersinvest.about.com/cs/warrenbuffett/a/aawarrenbio.htm
http://www.salon.com/people/bc/1999/08/31/buffett/
http://www.everyinvestor.co.uk
2007-03-17 10:10:53
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answer #10
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answered by Anonymous
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