How to enter the stock markets?

Question

i'am 15 at the moment , my question is what do i have to do to be a big dog in the stock markets in the future?

Answer 1

Start today, and learn all you can about the market, the securities traded in the market and rules governing the market,

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

Trading For a Living by Alexander Elder

Mastering the Trade” by John Caster

How to Make Money in Stocks” by William O’Neil

The Disciplined Trader by Mark Douglas

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/

When you're reading to invest in something, have one of your parents to open a custodian account for you and start to invest very carefully

Stay in school and get an academic education, which will help you in life.

Answer 2

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Answer 3

First, do well in school. Definitely take a lot of math and other quantitatively oriented subjects like Physics while you are in high school. Get into the best college you can and study economics or business. If you want to be a rock star you could double major in math and economics. Regardless, you need to major in a quantitatively oriented subject and show a lot of skill in it.

Second, you should start reading a lot of finance books. If you enjoy them, you'll know you truly love investing. Start out with Peter Lynch's books. Beating the Street and One Up on Wall Street. Then progress into other things.

Third, you should invest on your own if you can. Save up some money and open a brokerage account at TD Ameritrade. Buy some stock in a company you like and follow it consistently. Read news reports, financial statements, etc. Maybe you have a relative who works in finance and will contribute to it for your birthday or a holiday.

Fourth, talk to anyone you know who works in investment management. Ask your parents, ask your friends. Maybe land an internship one summer (when you're a little older) and see how it goes.

Fifth, to set yourself apart, enroll yourself in the CFA program after college.

If you do all that and still like it you are probably cut out for a life of investing.

Answer 4

u can go to this blog