Money Forum World

What is the stock market all about ? How can I make money and start at it ?
I am interested in learning about the stock market. Can anybody adives me and give me my best alternatives with how to start at it all ? I have the slightest clue only to wither you get or lose money.

Congratulations on to get started. It’ll assist you more than you know.

Your 1st dollars should be spent on to get educated on investing. You dont have to train to trade them professionally, but we're talking about your future here. So the more you learn, the more itll assist you. So lets start there.

You ask a broad question, so be prepared for a pretty long answer. Just take it in chunks.


How to invest depends on what you already know. Well assume that youre beginning.

A good primer is How to Make Money in Stocks by William ONeil. you may be able to get it cheap just about anywhere. It’s widely available new or used.

Another good one is one of Jim Cramers books like Real Money he’s got some .

But books will only get you so far. At some point, youll also want to get at least a little training. There are some great education businesses if you want to make the investment. Investools.com or optionetics.com are both good businesses as is tmitchell.com who teaches trading futures.

For free, you may be able to start by visiting thestreet.com and investopedia.com. Thatll get you a pretty good primer so at least youll understand what the markets are and what a stock is, etc.

If you get a chance, watch Mad Money on CNBC. Dont trade any of his picks till you track many of them over time. Just use the show to get you to understand some basics and get a feel for the market itself.

Next, subscribe to something like Investorsbusiness daily or something like that that may help you recognize good stocks.

Once you are aware of stocks, go to 888options.com. Its a web site thatll assist you understand alternatives what they do, how they work, etc, and you dont have to trade them, but the more you know, the more youll see how alternatives can really be the safest way to invest once youre educated .

For discipline which is crucial to successful trading, most likely Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter

I know that’s lots to take in. Just take it one step at a time for now. Start with a book or two to get you an idea of where to start. Take your time, and let it seep in.

As you get up to speed, you may want to papertrade to practice greatly suggested , and this will help decrease your losses in the beginning as you get used to buying/selling.

You can practice free of charge on nearly any reputable broker site optionsxpress, scottrade, thinkorswim, etc . And yes, you may be able to certainly deal easily online.

Start slow, then as you figure things out, you may be able to purchase more shares.

Congrats again on to get started. If you have any questions, let me know.

Hope this helps.

I think you may find Mutual money much easier than the real stock market at this stage. In a Mutual Fund, you let the promoter of the fund handle your investments.
So get as much info as you may be able to, and only then, start out investing. Happy Investing :

The smartest thing is to put your available money into at least six different kinds of shares. Some experts recommend you may want to put money in almost 20 different shares to broaden carefully. Spread your investments into totally unrelated sectors, e.g. banking and IT. This assures if one sector fails to deliver results, you may be able to earn decent returns from the others.

You shouldn't only broaden across the different sectors of the stock market but also into other investment avenues till you develop confidence in the stock market. An intelligent investor will use some part of their investment money and invest it in secure investments like bonds and bank deposits although they supply less interest.

i think you have to invest in education 1st, you may be able to purchase books and do some courses.