Stock market? ?

Question

what all do I need to know about the stock market before i open an account? what websites can I go to to understand more about it?

Answer 1

Very good move, learning what to do, before you do it.

Here are some information that will help you to learn why you will be doing before you do it and how to do it before you do it

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.

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.

Good luck, you are starting on the right track, keep up the good work, study hard and you'll invest even better.

Answer 2

https://www.share.com/ has lots of beginners tips. You can also practice investing with their practice account.

Answer 3

Listen to me carefully if u do u will be rich. this is the only strategy u will ever need for buying stocks.

Go to prophet.net

Go to java charts

Pull up rsi14 change the 14 to 2

Buy stocks when the rsi falls below 1.0(0.11 is a good low rsi2 reading for example)

Sell the stock once the rsi2 starts to rise back above 50.00

Happy Trading

Answer 4

get a dummees book or tri the library.