I am trying to get into stock market. However, I know little about them. I just finished reading Understanding Wall Street by Jeffrey B. Little and I sort of got the main idea, unfortunately, the details did no settle in. Would anyone (with experience) be able to tell me good books to read for further understanding of the topic? I am a visual learner (I have to visualize how everything works and connects in order to learn in a fast and best manner) and REAL life examples in the book also help dramatically. Please help.
2007-08-31 16:38:42 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
I think it's great that you're going to invest. I have one piece of advice: don't take advice on specific stock picks from the "experts". They're either wrong; or, if they're right, they're behind the curve. Start small, find a strategy, and stick to it. In the long run, if you're consistent, it's hard to lose.
2007-08-31 16:47:51 · answer #1 · answered by Terri J 7 · 0⤊ 0⤋
Here are some tips:
1. Concentrate on one kind of trading and get good at it. Do some try runs with pretend portfolio.
2. Don't use more money, then you can afford to loose.
3. Don't listen to success stories, they are 90% of the time lies.
2007-08-31 16:50:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
well think Vegas rulet wheel
2007-08-31 16:43:20 · answer #3 · answered by born_on_earth_day 4 · 0⤊ 0⤋