samedi 6 avril 2019

How hard is it to trade on stock market?

First off......don't invest more than you can afford to lose!

Head that advice!

You can get an account with places like TD Ameritrade or E-trade just to name a few. I would suggest TD Ameritrade because they have local offices. They will teach you and they also have some classes....take the opportunity to learn

Their are others places like Merrill Lynch that will set you up with a broker

You'll get access to their website which will have many different ways to invest whether they be stocks, bonds, ETF's and such.

It will cost you to not only buy the stock but to sell too. It isn't expensive

Being a day trader sounds easy.....it's not.

Do your research on each account, there is a learning curve with this, then invest. You can spend a lot of time researching and watching, this will likely be to your benefit

Start off with some blue chip stocks. As you venture out, go back and read my very first sentence!

An old man once told me the stock market takes the elevator down but the stairwell coming back up

You can lose money rather quickly. It's pretty much the same as gambling

If you go in for a penny, go in for the pound, learn everything that you can

Realize, there's some pretty smart people out there that have lost their ass doing this!

Good luck

You best bet is to go long term which is opposite of day trading

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How hard is it to trade on stock market?

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