I'm intrested in buying and selling stocks just dont really know how and where to start any suggestions? Are there any good sites on the internet for my situation!!!
2007-08-30 14:02:57 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
Here is a link, among oodles you could visit
Stick with things you know. If you are going to do stocks, here are some relatively safe stock symbols to look up. They are exchange traded funds, or ETFs and trade like stocks: DIA, SPY, DVY, NY, IOO, and maybe PXN. With the last one as more speculative, the others are have some good value and lots less risk than simply picking stocks at random or from some email spammer. Otherwise, go with what you like: Coke or Pepsi?, McDonalds or Wendys?, Lowe's or Home Depot? -- all of these are solid, profitable, publicly traded companies. You could do worse.
2007-08-30 16:08:00 · answer #1 · answered by Rabbit 7 · 1⤊ 0⤋
Read some books on technical analysis of the stock market.
"How to make money in stocks" by William O'Neil. "Technical Analysis of the Financial Markets" by Murphy. Try paper trading first to prove out your buy and sell strategies. It is easier to loose money in the stock market than to have gains. Be patient. When a stock price volume movement matches specific patterns, then it will be the right time to buy it, because then it will have a higher probability for a gain.
You also need to learn when to sell, even if you have a loss. Check out the yahoo group ComputerProgramPicks.
Best of luck to ya. Having luck is executing with a prepared mind.
2007-08-30 23:01:52 · answer #2 · answered by trader 4 · 0⤊ 0⤋
If you're just starting out, my suggestion is to not do it. Buying and selling stocks trying to make short term gains is extremely difficult. If it were easy we'd all be doing it. Best to buy and hold. One school of thought says to "buy what you know", meaning that the products and services of the companies you use everyday are generally good choices to start. In this current market, buying and selling is a loser's game, unless you work for the brokerage house making $10 per trade.
2007-08-30 22:28:40 · answer #3 · answered by jirocpa 3 · 0⤊ 0⤋
Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism.
Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the public with plain clothes agents, (with covert fake names and fake backgrounds).
Actual economics is the persons paying the monthly business loan payments of companies voting at work in order to control the property they are paying for.
Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.
Anti-democracy republicanism is the psychology of imaginary parents and false government.
2007-09-03 10:34:38 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Also there is great newsletter you can apply to for free, heres the link: http://doublingstocks.com/go/zokiy
Those guys know what they're doing and I think it's the best additional info for anyone that is just starting out.
Good Luck!
2007-09-01 06:59:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
e-trade would be the best there is no min to start and i have used them for awile and still do and im very happy with them you can call or email them 24 hours a day and thay will allways help you...
here is there website http://www.e-trade.com
good luck
shawn
2007-08-30 21:23:21 · answer #6 · answered by shawn k 1 · 0⤊ 0⤋
they rate stocks. As a community they do pretty good.
2007-08-30 21:58:22 · answer #7 · answered by breastfed43 3 · 0⤊ 0⤋
I agree with shawn. We use E-Trade as well! You should also watch that show Mad Money! (I think that is what it's called)
2007-08-30 21:34:57 · answer #8 · answered by Alexis 2 · 0⤊ 0⤋