15 Years Old And Want To Learn About The Stock Market?

Question

I have always wanted to know about the stock market and i wonna know, since im 15 where should i start?

Answer 1

The best way is to do it, but with play money and a demo account.

Set up a free demo account with a trade house/security house or forex house and learn what methodologies will work for you. There are thousands of trading methodologies which you may adhere to. However, don't box yourself into a corner by just trading stock as you want volitile markets such as currencies and commodities to add into your choices. I use to trades stocks and then it got boring for me after I reach my first million in profits as I doubled my profits in half the time when I graduated up to Forex and futures. Before I ever started with my first trade though, I spent one year on a simulated trading account as it takes about this long to figure out what software you like in which each house has set up differently.

Answer 2

Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs.

Here is some reading material that can get you started in the right direction, The first book you should read is Rich Dad Poor Dad by Robert Kiyosaki

Then try some of these

What Works on Wall Street by James O'Shaunessey

Beating the Street by Peter Lynch

One Up on Wall Street by Peter Lynch

The Warren Buffett Way by Robert Hagstrom

How to Make Money in Stocks” and 24 Essential Lessons for Investment Success both by  William O’Neil

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners. If any site offers free information, take it.

Other website that can provide instructions and help with procedures and terminology are

Investopedia - http://www.investopedia.com/  Stock Charts - http://stockcharts.com/

http://www.investorshub.com/  http://www.1source4stocks.com/



Visit some of the more professional websites like Zacks - http://www.zacks.com/

Smart Money - http://www.smartmoney.com/  Schaeffer’s – http://www.schaeffersresearch.com/

Some of these web sites will have advertisers who are worth looking into also.  And remember, if they offer free information, get it.

I started when I was twelve (a very long time ago), but just do some studying on your own, take your time, and if you really want to learn you will, AND don't ever let anyone tell you're too young or you shouldn't be investing.

Good luck, go for it,  

Answer 3

do you not hear this tumbling noise? This is your stock market

Answer 4

Start at your local library.  The resources there are free!!!  Most libraries should have a financial section.  Pick out a book to get you started.  I find it admirable that you are interested in getting started with saving at an early age.  Good luck.

Answer 5

Go to www.investopedia.com and study.  It is deceptively simple--you buy a piece or part of a company.  VERY difficult to do well.

Answer 6

if you are in a hurry to learn and trade stocks.. be careful, open a simulation account in www.investopedia.com star trading blind and you will See how much you can lose with no experience, while you do that, keep learning on INTERNET and books.