I am 19 yrs old and have little knowledge about stocks,companies and how it works. I want to be a day trader.?
Can anyone plz suggest me some websites or books or article. I don’t hav a huge capital to start. I want to learn this business first rather then running behind the money( it doesn’t hurt if I earn few dollars for my living). any website which is like a blog or a community or a associations updating about stocks. Day trading !!!!!!!!!!
You should watch Mad Money on MSNBC. Jim Cramer is awesome and he doesn’t just suggest stocks but he actually teaches you how the market works and the strategies he uses to make money. Its at 3 pm Pacific Time.
buy low, sell high
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You are 19 ,Know nothing about the industry, but want to be a day trader…….
Go and be a train driver or a fireman.
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You should watch Mad Money on MSNBC. Jim Cramer is awesome and he doesn’t just suggest stocks but he actually teaches you how the market works and the strategies he uses to make money. Its at 3 pm Pacific Time.
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DON’T LISTEN TO THAT IDIOT ABOVE, ANDYNDUK. You have the right spirit and he has a lot of nerve saying that you. Guaranteed, he wants you to be a loser like himself.
Follow through with your ideas and you should do well.
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check out this website.. http://www.dlngroup.com/
maybe u will learn more b stocks
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You can find all the basic info you need on websites for free.
This site should give you a good start. And I suggest you learn the basics before visiting blog. They can be useful but should not sway you in your decision to or not to invest. Unless there is info/news that might affect price. And keep in mind that the info/news could already be priced into the current price.
http://finance.yahoo.com/education
Here are my favorite sites.
http://stockcharts.com/
Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.
https://www.fidelity.com/
Has good learning resources.
http://moneycentral.msn.com/home.asp
In addition to yahoo finance.
http://www.reuters.com/
For news and more.
http://www.marketwatch.com/default.aspx
For news and more.
http://www.valueprime.com/index.php
For rating stock risk/reward ratio and reports.
http://www.barchart.com/
For investing in more than stocks.
http://www.lightninglive.com/
For best software timing your entry/exits any time frame for day traders and long term investors.
Others worth exploring.
http://www.equis.com/
http://www.stockta.com/
http://www.secform4.com/
Best Wishes,
Burt Whitley
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I have seen a very good and usefull dicussion forum on stock market- http://www.onlimoney.com where you can disuss stock market and commodities.
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In case u want to learn more about investing fundamentals, use the website investopedia. Better start using portfolio tracker and virtual trading before hitting the stock exchanges. To reduce downside market risk, learn dollar cost averaging from any website. No need of huge capital but a vast knowledge will help you to grow. Identify current affairs and relate them with stock markets, as they have a huge impact on daily fluctuations. Learn PEST analysis to analyse international markets and interdependance of global markets. Learn to compare PE ratio to identify cheaper stocks and underperforming sectors. Learn fundamentals of a company like NPM, sales growth, EPS history and high/low prices so that u can take a calculated risk. Happy new year and happy investing.
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Hi, my suggestion would be to invest money through Reliance money. Reliance Money was the first company in India to offer free Dmat a/c to open.
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