January 1, 2011

Beginning Stock Trading?

By Planet Wealth

I’m just beginning to trade in stocks.What would be the right approach for a beginner like me ?
Should I go in for Intra day Trading or take delivery of the stocks and wait.

Topics: Uncategorized | 6 Comments »

6 Responses to “Beginning Stock Trading?”

  1. Kenny Says:
    January 1st, 2011 at 10:21 am

    Intraday trading is not really for beginners as most lose money when they start.

    Try it out with the virtual stock market first to see, you will soon find if you can make money from it with out risking your real money.

  2. Gnom Says:
    January 1st, 2011 at 10:21 am

    That depends on how much money you can allocate to your trading business. Intraday trading requires more funds. If you have limited funds you may need to stick with lower trading frequencies. In any case practice trading first using trading simulator.

  3. Alberto Fernandez Says:
    January 1st, 2011 at 10:21 am

    The first thing I suggest that you do is arm yourself with as much info as you can. There is a lot of free information on the Internet. Take advantage of it!

    http://onlinestocktraders.org/

  4. Kaza Says:
    January 1st, 2011 at 10:21 am

    Everyone has different goals, tolerances to risk and different levels of patience….That means you need to find what strategy works for you individually.

    My suggestion is that you try out different strategies on paper first to see what you can make money with and what will lose you money.

    Try virtual trading each strategy without risk so that you can concentrate on finding what works.

  5. John Says:
    January 1st, 2011 at 10:21 am

    Buy low, sell high

  6. P Says:
    January 1st, 2011 at 10:21 am

    I was right guessing from your last query that you are new to trading and left an advice for not day trading. Invest money in excellent stocks on delivery and invest systematically with some research or professional guidance behind. This way your money will grow safely and steadily if you buy the RIGHT STOCKS AT RIGHT PRICES!!

    Read an article on day trading @ http://www.winfromus.com/?page_id=398

    Excellent Luck!

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