May 29, 2010
I have read and heard a lot about the stock market and trading?
Shashank asked:
How does one actually go about buying shares safely and what are the basics that need to be kept in mind ?
Santino
How does one actually go about buying shares safely and what are the basics that need to be kept in mind ?
Santino


















Comments on I have read and heard a lot about the stock market and trading?
Catherine
What have you read and heard?
To learn more, try reading “Investing for Dummies” available from your public library or independent bookseller.
Raina
The economic conditions and interest rates. Buy low and sell high during good time. Sell only during bad times.
Efrain
Unfortunately the President is determined to destroy the American economy. This can only have a negative effect on future share prices. Be wary until after the 2010 mid-term elections.
Adrien
There are different factors you need to look while buying shares. Like economic condition ( inflation, unemployment rate, GDP, Interest Rate) then you need to look into how strong company is fundamentally and its position among its competitors. Its future plans and expected growth, etc.
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Laney
I suggest you do more reading. I don’t mean to offend you if the “a lot” that you read and heard hasn’t at least taught how to buy the shares (through a broker) then you’ve been reading and hearing from the wrong sources. Might I suggest reading Jason Kelly’s “The Neatest Little Guide to Stock Market Investing”. I started with that book years ago, and I may be young (20 years old) but I can trade like the best of them. I also watch CNBC religiously, however, keep in mind that CNBC, Fox Business, and Bloomberg Telivision are generally fundamentally based investors/traders, while I am technical ( I rely on the “black magic” of charts and indicators). Good luck
Rayan
Now that you have read about the market, I suggest that you develop a set of rules of investing or trading. Think you should begin by determining whether you are going to be an investor or trader. There is no good or bad way to be involved in the market; but, I kind of think you need to join an investment club in your area which allows you to ask questions of others of various experience levels in the stock market. I would advise against joining a cyber group because they don’t have the interest in the subject to get up and meet with other humans.
Alfredo
Go to Betterinvesting.org and read up on investing. They have a non-profit Investment education that teaches individuals and investment clubs how to employ fundamental analysis to become successful long term investors.
Kyle
Don’t put more then 10% of your money in one stock, don’t listen to what people say in forums think for yourself and always put use a sell on stop. Investing is about being more worried about losing money then gaining money. eg. if you lose 50% of your money you have to get 100% profit on your remaining money to get back to even
It takes years to get good at it. I’m not sure if it works yet but I’m looking at buying etfs that trend overall markets and using the advice from mytradingsystem.net.