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How do I start on the Stock/Share market?

I have been interested in the Stock market. Reading Business newspaper. I can understand the jargon butI dont understand How to start. I would like to start soon and need to know a detailed and straight forward answer.

Public Comments

  1. Investing in the stock market is basically this--you buy stocks at a low price, then sell it at a higher price. If that position does not perform as you expected, then you may have to close that at a loss. Investing is about putting your hard earned money to work for you. You can read all the books on investing, but nothing beats doing it yourself. Go to updown.com and open a virtual trading account. Trade that account until you learn how to pick stocks. When you find yourself profitable for three months in a row, then you can open a live trading account with your broker. In the beginning, trade only with money you can afford to lose. It is different trading a demo account from a live account. With a live account, where your money is involved, your ego and emotions run wild. Uncontrolled, they often lead to failure in this line of business. Only when you are able to trade that live account and show profits three months in a row can you add more funds to your live account. http://homeruntrades.blogspot.com
  2. First, get yourself a brokerage account - probably an online one. Then you can start buying! And remember, buy low and sell high! Read the business news religiously so that you know what's going on.
  3. The best thing is the forex market
  4. Start with making objectives and a plan.
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  8. One, you learn whatever you can about fundamental analysis and technical analysis and maybe read up on either warren buffett or benjamin graham.You also need to know how to read annual reports and all the terminology. Two, you get either a broker or buy into a mutual fund. you will need a trading account. Better to do it alone and get a broker, but you take all the risks. On the other hand, a mutual fund is slightly safer but you make less in bullish markets. Three, good luck and all the best. Sell high and try to buy low (that's the hardest bit). You will need discipline. Cheers!
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