I wish to start investment in stock exchange but have no formal training. How do I get myself into investments

Question

are there any training courses or do I have to join a stock trading company to get training as an investor?

Answer 1

I started investing years ago with no formal trading. I took things very steadily, invested in companies in which I had some knowledge. I read, and read. I listened to everything I could on radio and TV and gradually came to be quite proficient.

Two things I believe in:

1. Do your own research (and lots of it)
2. Rely on your judgement alone - beware the friend with 'inside' knowledge.

It is possible to make money on the Stock Exchange, but the chips are stacked against the little guy. It is great fun, can be done by anyone, but........only use money that you are prepared to lose and money that you do not require for the next two years.

Most training courses usually have an axe to grind in that they are promoting a scheme/course that will cost you loads of money, and they are certainly not infallible.

Ask yourself, if they have an 'edge' and are spending their time teaching, why are they raising money in this way instead of spending their time on actively trading on the Stock Exchange? Those who can do, those who can't teach!

I have attended one of these meetings where they were trying to get people to enrol in their course. Unfortunately for them, there were several City traders in the audience who proceeded to demolish all the points of their 'fantastic' training course.

Best of luck. Enjoy yourself.

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Answer 2

Hello!
A way to start off would be investing in something really simple and understandable.
NO STOCKS!
FOREX trading also is like a lottery for beginner. Do not start this gambling if you know nothing about stocks and FOREX trading.

Better try to invest in someones small business. You may receive up to 20% guaranteed interest a year.

I run my own business and my net profit is over 5% a month.

Email me at [e-mail] for more information. I will give you a valuable advice if you are serious about investing.
Best of luck!

Answer 3

First of all , be very very careful.This is not an easy thing. Most lose money, be aware of that. Next, Define your time horizon, investing is usually buying and holding for at least 6-12 months before selling, trading is day-trading,swing trading , position trading , momentum trading etc. Try to read , read good books and ask experts. Then find out what kind of a investor/trader you are . Act accordingly. If you are a trader , do not invest and vice-versa. From my experience , trading is not about stock picking, its about discipline. You have to have a good plan, know when to take profits and when to get out of a losing trade. Do not listen to those who give you stock advice, listen to those who teach you how to trade/invest. Good Luck. Regards

Answer 4

To sum up all the answers... In order to start, you could get a broker-dealer and he / she could even help you to choose your shares or investment instruments (for a fee).

Or you could go to your bank and set up an investment account, and start investing from your bank (there will be a fee for each transaction).

One important thing: Always beware of the risk of investment... you can loose all the money that you invest, that's why it's soooo important to leave some money in your savings account. Investing and saving is NOT the same!
On the other hand, there's not a limit to what you can earn, but of course, you have to be informed, use common sense and be somewhat tolerant to risk.

Good Luck!

Answer 5

You need to get to your library and read about investing before you do anything. There is a lot of reward, but there is also a lot of risk involved. I recommend Investing for Dummies or books by David Bach, Suze Orman, Jane Bryant Quinn and others.

To give you some perspective it has taken me over 5 years of reading on investments to feel comfortable with my abilities and my methods for investing successfully. So do your homework and tread carefully - it won't happen overnight!

Answer 6

The easiest way is to invest in a unit trust. This way you can invest in the stock market but let the fund manager pick the funds. This tends to be a cheaper way of investing in the markets and lower risk as your money could be spread across hundreds of companies.

Seek independent financial advice.

Good Luck

Answer 7

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14

Answer 8

The stock exchange is a tricky game to get into, You can either make loads of money, if you know what you are doing. Or you can loose all of your money really quick. I knew someone who worked on the stock exchange, so unless you know someone in that line of work who knows what they are doing, otherwise leave it to the experts, unless your not worried about loosing your money either.

Answer 9

Open an account with etrade or TD Ameritrade or fidelity or some other similar company. Read all the fundamental investing information on motley fool.com and go for it.

Answer 10

If you come from England ..go to the post-office they will give you leaflets of the stock exchange ..for buying and selling stocks..good fun but dangerous sometimes..