Thursday, September 6, 2012

Top 3 Tips on Stock Market Education For a Beginner

As a beginner you are entering a brave new world of stock trading. Stock market education for a beginner can be daunting - and costly. Though I'm now a casual day-trader my experiences have allowed me to touch many aspects of the market.
I could have done with these tips when I was starting out.
EDUCATE YOURSELF
As a beginner you have choices. You can be impatient and buy a chimp to place pins in a list of stocks and throw money at those, making darn well sure you keep your fingers crossed and a rabbit's foot handy.
Most people do this (not with the chimp and rabbit's foot obviously!) and wonder why they don't make any money. Essentially what you are doing is gambling, putting your stock investments at the mercy of the market.
You get round this beginners impatience by learning stock trading strategies, there is plenty of advice online about them some of it at my website, details below.
It's a good idea to buy a book on the market or scour the internet to get familiar with stock graphs and the jargon involved and with stock trading strategies so that you take some of the risk out of investing.
KEEP UP TO DATE
The internet is great for information. Everything you need to make money is there. You can learn about trends, stock news, get tips and get archived share prices for most stocks. The difference between you and the next person will be that you spot the latest trends, read the stock tips and scour the accounts of companies to crunch numbers.
There are reliable places you can go to get free stock quotes just filter out the trash, as there is much on the internet these days.
NO SUBSTITUTE FOR KNOWLEDGE AND EXPERIENCE
The knowledge comes from the books and from the internet; the experience comes from going out there and investing.
Educate yourself until you get to the point where you can finger a stock and give detailed reasons to buy (trends, p/e, price study) it based on your research. Once you get this knowledge you will be confident enough to buy. Don't be put off by losing money. In the long run those who learn and do their due diligence are rewarded - maybe. In short focus on a clear set of strategies you can employ at short notice once you finger a potential stock.
ALTERNATIVES
I realise that not everyone has the time and patience to study Fibonacci numbers, analyse charts and patterns and crunch numbers. The biggest problem with buying great stocks and doing your homework is that for some unknown reason they can go down even when the evidence suggests they should be rising. Check out my site to figure out an easier way of making money and picking what stocks to invest in, without the brain ache!

7 comments:

  1. This comment has been removed by the author.

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  2. Dear Visitor,
    Would like to appreciate the effort of the webmaster for creating such a wonderful blog which is very helpful for the visitors.
    Would like to add few notes here like if we are trading in Share market tips specially in NSE and BSE which are one of the most popular stock exchanges of the world then we need to take care of the few things like
    1. Always trade in limit
    2. Do not make tade on emotional basis
    3. Always try to get professional support before taking risk in stock market
    4. Rely on professional research rather than speculation.

    This is for sure if we follow above 4 points then we can always stay in good profit.
    Regards
    BIGPROFITBUZZ TEAM

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  3. Stock market is a place where many new stock market traders join the share trading league daily and trade daily in Share market tipsNSE and BSE. Intraday traders, stock market investors and market beginners should understand the meaning of the stock market for beginners cutting the learning curve

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  6. For earning good returns in stock market traders can learn about market with the help of these posts.Traders must begin trading with demo account first so that they can learn about their mistakes. Reports on stock market are served by epic research as well.

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