Stock Market For Beginners

Stock Market For Beginners

 

Now I'll give you some tips:
If you are starting to invest only in stocks, (and I know it sounds like a wonderful thing to do, and it sounds so easy that you end up buying stocks and the stock market itself rises you make all kinds of money).
We will need to have a basic understanding of what you are doing, these are things I would like to be able to go back in time and tell my ex self about the stock market so I would not have made these mistakes in the first place, so here is the I happened to get into the stock market just for something I was always interested in. I wanted to trade stock I mean: explain to you why this is if you do not realize it just because this is a beginner, but I want to explain it when you go on any etrade site Scottrade when you are going through an online stock broker or any stock broker they are will charge a commission to negotiate your stock prices vary based on websites based on whether you are using a stock broker life or what you are using you know human agent but for me online I negotiate with Scottrade and it's like $ 7 a trade some of the sites are a little bit m but Scott's trade seems to be the best for his money as far as what I've found and just throwing it out there, I'm not paid by Scott's trade. I wanted me to go however I did. I like to tell people exactly how I knew things, because I like to be transparent, even if I do not get paid, I want to be honest with you, so when I was negotiating with Scott's trade I bought a number of stocks and companies that you know or I bought a number of company shares spending about a hund red dollars on each deal, so here's the problem with that, let's say you spend $ 100 on company ABC stock that does not exist I just did it but you will pay seven dollars in Scottrade to buy this stock well then you will pay seven dollars to sell this stock so yes you pay commission every time you exchange a round trip is opening and closing the one position then every trip you will pay is how much your stock would need to increase just to offset your commission costs, let me say that once again fourteen percent before you make a profit yourself let's not talk about skid though or not let's talk about skidding because what is skid slippage is the difference between buying and asking price so that stocks because the stock is being traded at a certain amount does not mean that you will get the exact price for it now when you exchange a stock with more volume, there is less skidding because there are more trades going on, but you could if you are t A lower volume stock has a fair amount of skidding, which means that maybe the stock is trading at $ 20 and 10 cents per share. You only get $ one share because that's what current bid and ask prices are for the stock. then you will not necessarily get the stock quote at the moment because of the sliding then your stock needs to increase 14% in value plus any slips involved before you even break even so let's say you were trying to make $ 20 in this stock you know that you invested a hundred you hoped to get 120, which means that the stock would have to increase 14% to 114 before you even earn some money and then explain your sliding you're talking about having raised 30 or 40 stocks percent somewhere out there before even making money from it, but you know that's the point where you're making $ 20, but even if the stock has risen by 15%, ask anyone who's a great investment . % return on investment you did not earn a cent you did not even recover your money when it increased 14% and if it increased 14% and you sold because of the slipping you would probably still tie or end up a bit in the hole in that stock ie , I suggest you do not invest anything less than $ 1,000 in any trading if you do not have the money to invest thousands of dollars, save your money and spend your time now researching and learning more I promise you that I know you're anxious to get into the stock market but will not hesitate to kick him well in the gut and send him back to his chair well he will teach you a lesson whether or not you want this lesson I'll be honest with you ok then my fifth tip to the beginning of the stock market is not to buy the news this is something I did as many times over and over and it is something that many people you go, such as NBC or any other channel d and news and you are watched as you know the money in the funding reports and the shows that are al on the market.
and actions and they talk about what is the newest stock of Hotte and I know earlier in this video we talked about the herd mentality and when you run with the herd you're treating like a sheep that means you're don't I have confidence to make your own investment decisions so you would rather someone tell you what to do and when someone is telling you what to do it makes you feel good if I lose money I can blame them, if responsible for your business in a way to do this is not to change the news there are a lot of people out there exchanging the news many people watch the news and many people exchange the news you want to do instead you are you want to buy the rumor sell the news so let's say for example there are articles out there saying that this company may be launching a new product on this date which is a rumor all is well that it is possible to be it's just a rumor and it's not true but at the chance it's true that you might want to make a small investment in this, then you find out that okay, it was not just a rumor that it was true and so they released this new product, the stock is flying high which is the point at which the action becomes news. in which stock and is going very high, but you bought before people knew what was happening, you bought before it was mainstream and as such you paid a lower price for that stock and now you can make a comfortable profit sell while it is safe before hype ends in stock drops because it's my second point here folks it's not a safe investment I do not like to trade hype ok then my last stock market trading hint for beginners is this stock check a few times a day I actually forgot what was it then I had to turn around and look at this, so if you're wondering what it was I completely forgot what my tip was, but now that I run my memory, let me elaborate on it for you guys that you do not want to check your actions every minute of the day I know it's exciting, really that's why I change it is an adrenaline rush when you suddenly buy a stock and it's going to heaven and suddenly you're like I really made money trading a stock oh my god but you do not want to sell right away because there's potential for more and you do not want to be watching the stock so carefully that you're shaken out of position too early I've done it Often, I'll suddenly check my stock as if you knew the stock market opens I remember one occasion, it was like in the morning I logged on and I'm like the crap of my stock ran out and I think I had about $ 140 of profit at that time and I kept hitting the update like every 15 seconds and like oh, crap, oh shit, I lost money, look up two cents now, oh, no, we're losing three cents, oh, we're back, four cents you can not watch a stock carefully, because it'll be changing so meticulously at that point that you need to look into that the ndence is perhaps the 15-minute trend a 30-minute trend of that stock then what I do for myself now because I made it a rule for myself after I made this mistake of being jolted out of a position too early and in that error I want to say yes I made money with this stock this was one of my first AMD deals well, I had $ 180 profit ok I logged in and I saw watching the minute by minute chart that the stock fell like three minutes in a row and I am like, oh god, it must be damned, it's going down, that's the most people are willing to pay for the stock, it's better to unload and the next day I sold it I want to make $ 1300 but I did 180 because I was shaken out of my position, then that's the lesson for you, take an increment of time no less than every 50 minutes in my opinion, so if you're getting excited about your inventory and say it's tight the hours of the morning you I will see I'm going to close it on I'm going to check it again, I'll check it again, 11 o'clock, I'll check it again, do not leave charts continuously open on your phone or on your computer, if you are shaken from a position and this may not be a bad thing because look at you made some money well yes it was a successful trade for me at AMD I made like $ 180 but if I had not started to shake from my position I may have made $ 1000 in that early Trade and I traded AMD a number of times and I have done well with this stock but I could have done a lot better if I had not been shaken up with this because I was checking stock much like I said guys it's exciting that should be exciting becauseonce you are able to pick up the knowledge you have and apply it in the real world and being able to take money from the air is amazing, it's a great feeling, it's a race and that's why I work all the time, but you need to know how to keep your emotions in check and make sure you're not playing very safe because for me I left lots of money on the table because I was seeing my cards very close.