Stock Market COMPLETE newbie HELP?

Question

I am 15 and when I hit 18 i am planning on joining the stock market. I going to buy and sell penny stocks. I am a complete newbie to the the stock market as of now. Please explain everything to me please. Terms,(reverse split etc.) when to buy and sell, how to know stuff (when a stock is doing good or when to get out et)c. any help is appreciated

Answer 1

I'm sorry son, when you turn eighteen there will be no stock market left, we will have raped the planet bare and reduced the bubble to a spot on the bathroom floor.

I despair for you young people, when all you can think about the future is that you want to be RICH, you want to be FAMOUS, and you want to live a selfish consumerist lifestyle.

REALITY CHECK>>>  this planet cannot sustain your dreams...

I don't have the answers, but my investments are in medical research, as I believe that the best of a bad set of options is the one that is helping human science develop. Consequently I don't make big profit margins, but I feel better about myself.

Answer 2

First of all, you don't join a stock market

Second, buying selling penny stocks is not the smartest thing to do

Third, there is not enough space nor time to explain everything to you about the market,

You have to take time to educate yourself, and work at learning about the various markets, the products trade in the markets, and why you participate in the markets.  

Here are some websites for you

http://moneycentral.msn.com/home.asp

http://finance.yahoo.com/

http://www.investors.com/?tn=top

http://investorshub.advfn.com/default.as...

http://www.brokerage101.com/

http://www.1source4stocks.com/

http://www.decisionpoint.com/TAcourse/TA...

http://stockcharts.com/

http://www.grahaminvestor.com/

http://www.morningstar.com/

I started investing when I was 12, and have spent over 55 years successfully investing, and spent over 40 years working in the industry, this entitles me to say that your whole approach to the market and investing is extremely immature.  If you ever want to grow up and play with the big boys, look at the market place realistically, study hard and don't expect anyone to be able to tell you what it is all about in a very short space.

Answer 3

There is not enough space in yahoo answers to tell you everything about stocks. You will need to do your own research.

Start here.

www.investopedia.com

Answer 4

well u can start only when u r 18,,now u can trade from ur dads account.Well for now u learn the basics of trading.You can check out more here:

http://www.livesharemarkets.com

the funda corner section

Answer 5

Barney gave you some good information, you may not like what he said but he's right.

Here's some books you should read if you are serious about learning to invest/trade

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 (http://moneycentral.msn.com/home.asp and Yahoo Finance http://finance.yahoo.com/ )

Answer 6

Buy books at your local bookstore and read them. Start with the "Fools" (orange) or "For Dummies" (black and yellow) books and move up from there