Looking at buying and selling stocks... can you help?

Question

I'm 22 and still in school. I'm interested in investing in stocks. I have no idea what I'm doing, but I know that it is a good idea to invest. I'm just looking for any tips, hints or even what types of stocks have worked best for you.... Thanks!

CS

Answer 1

http://www.SharkInvesting.com

Get his book "Invest Like a Shark"

One of the best books I have in my library concerning stock investing.

Hope this helps.

Answer 2

I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.

If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.

Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.

Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.

For me "All stocks are equally worthless”

I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.

I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their

online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It's easy to see why trading the open is the market's prime time for profiting from other online traders.

The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points

in minutes OTHER than during the first hour the stock market is open. That's why I love trading the open so much.

I trade only when I have an edge and that means "only the first hour the market is open".

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can carry on with the advises about how to make money trading, but if you ask me:

"What is the best thing you can do for me?

I will say:

Give yourself a BIG favor and go to this "Top Secret" site and learn how to get the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen, all by yourself...

www.onehourtrading.com

After you review this site you won´t need system, strategy, book, software or mentor to tell you what to do,

you will be able to profit HUGE every day.

Good luck and good trading,

John Fontaine

Answer 3

try trading in Your own country.

if You don't know nothing about trading check out this site http://www.investopedia.com/university/

If You are looking broker fees then I suggest http://www.stockbrokersnet.com/Default.a...

it's a bit raw but everything is there what you need to find.

good luck,

Answer 4

Buy low, sell high.

Answer 5

you can start out by reading yahoo finance. then join a training mentor program. best is stockmarketmentor.com.  Start out by practicing paper stock before you do cash.

Answer 6

Some are speculating that the banking industry is a good market to invest in now because of the state of the economy. They almost always rebound in the long run. If you can get on board now, while the price is low, you could make some money.

I have a few stocks of General Electric. They're trading in the high 20s and usually fluctuate between there and the mid 30s. GE makes lots of goods, most importantly, they make industial and farm equipment. These two classes of goods are highly coveted in developing nations, especially in Northern Africa, Malaysia, China, and Vietnam.

The best advice I can give though, is to not listen to what anyone has to say about stock investment (myself included). Do your own research, because that's the best way to get unbiased information. BBC is a good news source, and "The Economist" magazine is an outstanding publication (read it for free at your local library).

And, if you do buy stocks, keep them for at least 10 years because if the prices do fluctuate, then you'll most likely see returns in the long run.

Answer 7

Before you go down that path (and it is a good one), be sure to remember that you should only invest money that you don't need.  That means, if you need that money to live, eat, or have any plans for it in the next few years, investing in anything other than money market or CD is too much risk.

Stock market will go up but that is only guaranteed if you can see it in long (at least several years) time frame.  When you use the money you need, you are very likely to panic or need to cash in without having an ability to ride out the short term ups and downs.  You are pretty much guaranteed to lose money this way.

With that said, if you don't know anything about investing, I can recommend you a good book.  It is called "One up on Wall Street" by Peter Lynch.  It explains stock investing in everyday English.  

If you are still in school, perhaps you should stick with Money Market Funds from mutual fund companies.  The return rate is very low at 2 to 3% at the moment, but you are nearly guaranteed to not lose your investment.  With ANY stock, losing significant or all of your investment is a real possibility.