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Stock trading learning resources for newbies?



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Stock trading learning resources for newbies?

Hello, everyone. I am a newbie when it comes to investing and I am currently putting funds only on index funds. I would like to learn stock trading so I can add an additional source of income.

My main concerns are not only can I make money with stock trading but what is the risk involved?

How to deal with these crazy spikes and drops in a stock's price? So tempting once you invest to just cash out too fast and that defeats the purpose of the long term earnings potential.

Really want to know more about how to create independent wealth with stock investment and how it compares against more volatile investments such as cryptocurrency.

Can you recommend books/online courses/youtube channels to learn proper trading? It would be nice if the resources are free too!
Thanks!

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kgord

I will admit this is something I don't know a great deal about since I have never done it, but I will be interested in reading others reactions to this. The commentary should be something that most of us will learn a great deal from. It should be beneficial.




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overcast

It can be learned. But the question is - if it is worth it? I personally have found out that stock trading and forex is like grinder where money goes to die. And it's not easy to work around with the stock on daily basis. So for me mutual finds work the better way. That's what I have learned so far.




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SiamSEO

Comparing active and passive investment strategies is pretty pointless, because while passive investing is obviously the way to go for many of us, active trader who is able to afford to work on that full-time will most likely earn more, and even if they ended up with similar results doing what you like beats working 9-to-5 in some dead end job anyways.




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overcast

I think the case is dependent on how you progress though. I know many freelancers who meet the dead end and have not much secure future. And they are returning to the job. So it depends on how things are executed. And how the people are focused on doing things. I personally think it works differently for people.




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kgord

Mutual funds are defintely safer if not quite as exciting. I think investing in them is a worthwhile goal. I think that many people choose them as a safer and steadier route over stock market investments.




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overcast

I think equity mutual funds are risky. And many people have lost money in it too. So I;d say if you want to work around with the positive set of investment. You just have to find out which fund may be good for long term. And always invest with long term investments in mind. That's how it works.




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EfficientNinja

I think they're quite safe because equity index funds are supposed to mature/double in 10 years. You're not supposed to lose if you just hold onto it and not give in to fear. Money Cost Averaging on an index fund is what I learned from Benjamin Graham and Warren Buffet that always work in the long term.




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overcast

Some funds in equity mature after 5 years. But at the time of maturity the market if not good then it does affect your returns. So it's always better to start with what you can do with your earning and build on that. I have found this to be true in many ways. I can tell you that equity investments are risky too but if you increase the duration the investment hold for longer pretty much evens out the risk.




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EfficientNinja

So I think 10 years is a safe duration right? Stock trading learning resources for newbies?

I'm planning to money cost average my way in index funds until retirement. I feel it's a good idea because as you say, it evens out the risk as time passes. I hope I'm not wrong with my investment plan. Stock trading learning resources for newbies?

I'm still in my early 20's and I am investing as early as I can so as I age I have investments that have already matured. Stock trading learning resources for newbies?




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overcast

For equity 5 to 10 is definitely safe. Because if you keep 1 to 3 years into equity, usually returns are low. You can check out most of the equity investment mutual fund sites and compare the charts. Equity needs to be tied to the house and the family usually.




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vinaya

I don't know about mutual funds. Can you explain me about mutual funds? I want to know about how it works and how it is different from stock investment, stock trading, and fixed deposit bank account. In our home country, the general interest for fixed deposit bank account is around 12 percent per year. Is mutual fund better than this?




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overcast

Mutual funds are like stocks but in a group. So buying mutual funds is buying stocks of mulltiple companies in a group. The return of investment is higher than the fixed deposits in the bank. So you should invest into mutual funds instead of the bank deposits.




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EfficientNinja

Yup. As overcast said, it is an instant diversification and you aren't risking a lot compared to investing all your money in a single stock. If ever one company goes bust, you won't be affected much because you hold a lot of them. Their returns could be lower than a single stock because you have a lot of stocks in a mutual fund and that averages your profit and loss.




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vinaya

So mutual funds is a joint investment in the stock of various companies when you are investing in mutual, you are buying stocks of various companies as one bond. Your profits and loss will depend on how the stock of each company performs. Thank you very much for explaining mutual funds and how it works. I will have to check this investment option.




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overcast

Yes that is pretty much the same with mutual fund. You can see that trading is not going to be that easy. So the mutual fund seems to be lot better in that case. I have learned that things would be easier as it can be in that case.




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overcast

In case of the company going burst you may have some loss. But loss being distributed. You'd lose few shares on that. And you'd have to invest into another company and that is already being done for you. So things like that managed behind the scenes. So it seems like a much better option.




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vinaya

Mutual funds are not much popular here in my home country. I don't hear people talking about mutual funds here, however, when ever shares are issued, people rush to buy shares. It does not matter whether it is a start up company or already established company, people are interested in share trading. However, I do not have much experience with stock trading. I have invested on some microfinance companies, and I am yet to buy shares in the big companies.




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kgord

I think it really depends quite a bit on which funds you invest in. Some may be higher and some may be lower, but in general you are going to get a better rate of return on mutual fund investments.




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overcast

Yes lot of factors. Type of fund. Type of the fund house. The market condition. And many small yet interesting variables that does have some impact on the fund returns. Some of the time it can be that hard in that context.




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kgord

Well I suppose some people make money or it would die out pretty soon. I think that there are far more unsuccesful traders than those who are successful though. I just think that it is one of the options that are out there for people to do.




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overcast

Yes success in any form of trading market is harder. Timing the market is one of the biggest gamble. And people avoid doing that whenever they can. And so the success becomes lot harder. I find trading to be more of brain and time intensive.




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kgord

Yes, around these parts they refer to this as day trading, and many people have lost their shirts with this kind of process. It is just one of the unsafest ways to try to make money quickly, and it is simply too risky for most people to do.




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overcast

I agree. Day trading is kind of the big monster that tempts people for big money. But that usually does not happen. And people have to be really understanding of how they handle the stocks and the trades. So it all depends on how we learn and execute in stocks.




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kgord

Yes, I think it is best to stick with mutual funds or those in which the risk is less. I mean if you can afford to lose money, than maybe a certain amount of stock market play is good but if you are intent on keeping your money, then you must look for a less riskier option I think.




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overcast

Mutual funds carry risks too. You have to really good with the fund finding. And you have to understand things a bit different through such perspective. I have realized that some people learn to make their own investment through practice. So learn about equity and then invest.




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esteban123

I honestly I don't have any knowledge about stock trading but I heard that a lot of people are making a huge money out of it if you just only knows the right strategy and techniques that will be used in the day to day trading. Even I myself are interested to gain some knowledge and expertise about stock trading because I am optimistic that it could be a good source of a decent income. Maybe it will take me years to see the results of acquiring an expertise regarding stock trading since I think the best teacher for it is the actual experience itself.




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overcast

I think pretty much all of us are clueless on that point. You can see that some of the time stock trading has it's set of the limitations. And you have to focus on what you can extract from the trading experience. For that you have to constantly work around on those things.




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EfficientNinja

I agree that experience plays a huge role when increasing your knowledge about stock trading. However, we should risk as small as possible when starting out. We should do paper trading first then start small with real money once confident with our trading strategy.




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jaymish

Hi. You have not mentioned what time frame you are looking at. If you're young just put your money in a bunch of stocks for 5 to 10 years. In the long term the stock market goes up. Don't worry if it crushes it will go up eventually. Trading is a skill you have to learn. They are many courses on it in Udemy. For more advise I'm reading Tonny Robbins, Money Master the Game: 7 steps to Financial Freedom. You may want to try this as it gives you investement strategies.




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EfficientNinja

Hi @jaymish. I'm sorry I didn't indicate the timeframe. I'm already investing in index funds and what I would want to learn is to do swing trading. I'd like to take a portion of my money and do some swing trading on an uptrend stock on the side. Stock trading learning resources for newbies?




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Barida

I've read the benefits of investment by Brian which was a good book as long as you're looking at making the needed investments decision. What I would have to say is the need for you to invest on firms that has got a good management team that are passionate to see that the company grow to higher grounds. This is the best way that you can get to enjoy great dividends at the end of each calender year.




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DarthHazard

Where did you get this book? I might have a look at it later especially if you think that it was a good book and a good book to read if we are interested in stock trading and investing.

In terms of a good management team, yes I do believe that this is extremely important especially if you are looking into investing into that business/company. A business without a good management team will make a lot of mistakes and will only result in a very poor valuation.




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Barida

@DarthHazard, this book and many others are on the internet which you can get by simply using the google search engine. I've got a whole lot of them on my laptop that is having some battery issues now, if not I would have suggested some of them for you but, making deep research we bring up most of the books that can help you in learning more how to make better financial investment decisions.




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DarthHazard

Oh alright, thanks for letting me know. I'll have a quick look later on Google and see if I can find it myself as well. I actually thought it might be a physical book that you ordered from somewhere which is why I asked.




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jaybee19

Exactly @Barida. It's better to research first and inquire about the companies or businesses as well as stocks that you want to invest with, I also believe that it's better to ask advise from people especially investors with the same level for a proper education about investments.




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DarthHazard

I think the most important thing that you need to do is to find a resource about stock trading that is good for newbies that is also free. If you ever come across any sites or books that promise you they will teach you everything you need to know about stock trading or promise you that you can make millions, leave it straight away. Those are lies and they are only after your money!




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SiamSEO

You're not completely wrong, but just because something is being sold doesn't mean that it would be a total cashgrab. Think of it this way: if you spend literally decades learning the in's and out's of something, wouldn't it be justified for you to get some sort of reward for sharing all the knowledge you have gathered over the years?




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aeon

You're right. these people only wants your money. Self study is still the best way to learn this. Gather all the information as long as you can, It's really hard to invest on something we don't know, specially if you just get this idea from other people and give a promise to you that, you will earn million by investing this particular amount.




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SiamSEO

If someone promises you any returns, stay away from them. You can easily calculate realistic ROI and see how much you'd need to save and earn in order to reach your personal goal. For example just yesterday I did do some calculations in regards to how long I'd need to save and earn with relatively aggressive method to be able to afford my own apartment, came down to about 20 years.




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aeon

Yeah, it's very easy to recognize these people. But honestly I do invest in some HYIP sites. But not to those more than 5 days old. Sometimes I earned x3 of my investment, and that's enough for me. This one is for risk takers only because they will become scam after 5 or 10 days.




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SiamSEO

They do work like that if you're in early enough, but personally I wouldn't like to profit off of other's misery, as they're bound to lose their money en masse. I just feel that it's wrong, and considering how pyramid schemes in general are illegal in most countries, taking part in them even if you can profit seems wrong to me.




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aeon

Yes, it's illegal, and honestly most of the victims are also greedy. That's why they still want to invest even they know it's illegal, and they are willing to lose. The only problem is they are still willing to invest even HYIP is more than 10 days old, they really don't know how it works.




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DarthHazard

I think you've hit it right on the spot aeon. I think the best thing about the internet nowadays is how much information is available right now. You can easily find most of the information being sold in those "premium e-books" on the internet for free on many different blogs.




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aeon

You're right, e-books, blogs and reviews are very helpful, and actually everything that we want to know is already in the internet, all we have to do is to read. Its easy to find the information and details, but we should be vigilant about the other sites who give the wrong information.




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EfficientNinja

Yup. I've also seen people in my country who offer mentorship but with an unbelievably high fee. Good thing I stayed away from those because there's no guarantee that I'd be able to profit from their techniques or if they will really teach me all their methods.




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DarthHazard

A lot of them will just give you the basics that are almost no help really. And they will charge extremely high fees which is disgusting really. It's the same with a lot of different niches and topics really, not just stock trading, it's the same with online money making sites. A lot of promise ebooks or help that will help you get rich but most of the information is useless!




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Larryl332

There are certainly a lot of resources out there that can help you learn the ins and outs, and then when it comes to picking companies and things like that you will just have to do your research. Seems that the hot talk today is all index funds and avoiding the fees, so I would start there maybe if you are new to the whole idea.




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EfficientNinja

Hi there Larryl332, I am currently investing in index funds and I am looking to learn about swing trading. I've read about the Intelligent Investor of Ben Graham and I would like to invest a portion of my money in stock trading/speculating. Stock trading learning resources for newbies?




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Kakashi2020

For people who wants to learn about stock trading I would recommend studying a 2 to 5 year stock price data, in which you could see the lows and highs of stocks being traded in a monthly basis, this would greatly help you in identifying what are the good stocks to invest in.




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aeon

I think you should try the sparkprofit or TIQL sites. You can earn from that sites by predicting something. It's looks like stock trading also. All you have to do there is just to predict if the price of particular item will up or down. In the TIQL you have to invest $5 and use it to trade.




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Tronia

I would personally recommend two books that helped me out when I was completely new. The first one is called "Stock Investing for Dummies" by Paul Mladjenovic. This book is so, so good if you're brand new and feeling lost. It will explain EVERYTHING. From the basic terms, strategies and more. And another one is called "How to Make Money in Stocks" by William O'Neill.

I'm pretty sure that you can easily find both of these on any Amazon or even your library.




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DarthHazard

Thank you very much for sharing the books that you have used. I will have a quick look at them to see whether they might be a good idea for me. Do you think that maybe someone who is new to the idea of stock trading should get both books? Or is just getting one of them good enough because it seems both books seem pretty similar and will contain ideas that both books have.




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DenisP

The number one tip that most people would recommend is opening a stock broker account. Open an account with an online stock broker and use the trading tools they provide to get yourself familiarized with the process of trading. You'll have a distinct advantage as a client.

Reading books on the subject is obviously incredibly important as well. Some recommended reading materials include How to Make Money in Stock by William O'Neil and One Up On Wall St by Peter Lynch.

It also wouldn't hurt to find a mentor. In fact, it could make the difference between getting rich and going broke. I familiarized myself with trading thanks to the guidance of a friend who was already well versed in the practice.




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overcast

I find stock trading really risky. I don't have patience for day trading to be honest. I am into long term trading. And I find it really hard to work around with the stock trading in random ways. I guess if you consider the trading resources there are many out there. And there seems to be a lot of resources that are not much earning money for many. So it depends on how you study and execute. That's what makes more sense for sure.




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EfficientNinja

I find your comment very accurate. I think there are lots of resources and even books that are not profitable as they say. I'll try to find myself a reliable mentor that could help me learn and execute good trades too.




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overcast

There are lot of scams in trading world. So there does not seem to be much point in find mentor. Learn as you go. And that approach is going to help you in many ways. I think another issue is that newbies are treated with misinformation in trading. So I am sure if we go on our own but slow that may help.




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EfficientNinja

I also hear about mentorship programs that do not give much value to their trainees. Some are just getting their lessons from popular books. Some are also just average traders that earn more from the training programs they offer than trading equities.




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overcast

I think some mentors are not much into teaching. And they are more focused on earning from it. So their courses and the programs don't make much sense. I'd say in such context you should focus on the training which is more or less result centric.




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DarthHazard

It's a very high risk/high reward which isn't great for everyone because of the fact that not everyone has the money to risk on investments. If you have the knowledge, expertise and experience then I'm sure stock trading can be a great way to turn what you have right now into way more money but it's not the best for a lot of people especially those with very little knowledge of stock markets.




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overcast

Mutual fund is the only high risk and high reward system that's worth for all. Because any other way like direct shares is not a good idea. Because here you can't time the market. And so you have to rely on the mutual fund type of the system. That's how many people are managing.




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SiamSEO

I don't really see much point in day trading unless you can really focus on that in full. The thing is that like most things, the stock market is controlled by computer programs, so trying to win against them manually is very hard to begin with, and if you try to add some sort of time delay to that you're basically guaranteed to lose.




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manmad

You can find a lot of e-books online if that's what's best for you, however there's probably a lot of detailed information that's been shortened so it's not as long as a book made by some people, which you could most likely find on Google. Another thing you can do is just youtube some videos, in 2018 there are videos about every subject and there should definitely be a lot of information about stock trading.




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SiamSEO

in 2018 there are videos about every subject and there should definitely be a lot of information about stock trading.
Sadly the grand majority of them are absolutely useless, and even those with actual, factual information tend to waste time with completely irrelevant things. Maybe I'm old enough to prefer text to read over quickly instead of watching a half an hour of video of someone explaining what can be communicated in text in fraction of that, but in most cases I don't see YouTube videos as a very good way to spend time learning.




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manmad

You can learn a lot of basic information that can help out a newbie from videos, to get more into the whole sphere of things, you're definitely going to have to read a lot more information, however for a start you can start by reading articles and watching YouTube videos. You should just find the right sources.




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aeon

You're right. Actually most of the time I used to watch YouTube videos just to get the information I needed instead of reading it in some articles, But most they will just give you the basic things you need, and will explain a lot and waste your time for the none sense things, but some video bloggers are great.




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wallet

I do not work in stock trading, but a friend of mine does, he earns a lot of money every month. How is he doing this? It has experience of more than 10 years, at the beginning he lost a lot of money but with time he started to earn very well.
I think that experience is what you need.




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aeon

Agree with that. Not necessary but that's what happening in trading if you want to earn from that, you need to lose a lot of money before earn something, and most of the people in stock trading are risk taker. They are all willing to lose and it's looks like nothing.




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vinaya

Only experience will teach you how to make money from stock trading. The beginners are prone to make loss. If you are a beginner, you should not start trading stock until you are equipped with a good knowledge on the stock market. You should have knowledge on how to market goes up and how it goes down. You should be able to predict the market fluctuations. You should be able to distinguish between good investment and the bad investment. You should also know on how to diversify your investment.




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Martinsx1

I believe that stock trading is different from forex trading because from my understanding about forex trading, it's more of buying and selling of hard currency as well as bitcoin online and trading it in the open market.

I tried learning about forex trading 8 years ago but I wasn't successful in mastering it, so I had to give up on it. Although, I have people who are trying to introduce me into it once more.




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vinaya

Stock trading is you buy and sell stocks/bonds. Forex trading is you buy and sell foreign currency, crypto currency is buying and selling digital currenct like bitcoins, litecoins, etehreum etc. Whether it is stock trading, forex trading or crypto tradding, all kinds of tradings are risky. You don't know whether you will make profits or lose your investment. However, you will never benefit if you do not take risk of investment. taking risk means taking reasonable risk.




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Kakashi2020

I would suggest going to dummies.com and search "How to trade stocks online", it's one good resource for people who want to get started in Online Stock Trading. Also dummies.com has gives you a lot of recommendations in this subject.




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EfficientNinja

Thanks for reminding me of the "For Dummies" books. I used to read topics that I know nothing about using these books because it is both fun and informative at the same time. I guess I'm gonna have to resort to them again. Stock trading learning resources for newbies?




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Martinsx1

I have heard about this site before, thanks for bringing it up here to the notice of all members. I'm definitely going to look at it and see the information I would acquire from there and kn how useful it's going to be with respect to learning how to trade in stock markets.




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vhinz

This is one thing that I would like to learn also. Investing in stocks is a long-term goal. It could be 5-10 years period. I'm living in the Philippines and one of the great investors and mentor here when it comes to stock market is Bo Sanchez. He taught his maid how to invest in stock market. His maid now has million (Philippine peso) in stocks and knows how to play well in the stock market.




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aeon

I heard the story about this Bo sanchez too, but honestly, I'm not interested before, because of the weak information of the media or any source of information about the stock market thing. Media in our country didn't provide us good information about the possibilities of become successful in investing in stock market, but good thing is, this internet provide us enough information to learn.




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EfficientNinja

Bo Sanchez has a bad reputation among PSE traders. He treats his stock pickings as a business and made an MLM out of it. Worst is he's also a pastor. I really don't think you should combine being a pastor and an MLM advertiser/stock picker. I tried his service before but I refunded when I found out he just copies the stock picks from COL Financial's list which you can get for free.

Although his book is what inspired me to learn about investing. I thank him very much for that. But you should stay away from his Truly Rich Club. Or you can decide for yourself too after experiencing joining it yourself.




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vinaya

Investing in stock can make you millionaires, however, you can also go bankrupt even if you are a billionaire. Making money from stock trading is not for everyone. You might have a thorough knowledge of the stock market and may even be right with your predictions, yet it is not certain that you are going to make money. I know about people who lost their entire wealth in the stock market. Diversifying investment is a great way to limit the risk associated with stock trading.




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treecko142

While there are a lot of good suggestions on websites or books in here that will help you learn about stock trading, it is also important to take your country's situation and the businesses in the stock market into account as things like politics, current events both local and global an affect your situation and can tell you if its a good time to invest in certain industries.




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EfficientNinja

I agree that when there's a news that concerns the company critically, there will be a complete 180-degree turn in the company's stock price. It could be a catalyst for either a downtrend or an uptrend. It might go against your price movement prediction and your money will burn. So it is very dangerous if you aren't up to date with current events.




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treecko142

That's one thing most people don't know about investing or stock trading - it could get really stressful every day because you have to be constantly on the lookout and be ready to sell stocks when they are expected to crash by the next day or buy before the prices get too high.




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vinaya

You make an interesting point and I agree with you. Every country has its own stock exchange market. These stock exchange markets have own unique traits. If you learn about stock exchange in the US and you are in India, your knowledge may not work properly. In order to profit from India's stock market, you need to understand the Indian stock market and not the US stock market. You also need to avoid investing when the market is volatile.




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treecko142

Yup, stick to your local businesses when starting to invest, it would be much easier and considerably less stressful to follow the stock market when not dealing with global brands. The trends also tend to be more predictable.




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vinaya

I also think trading with the local stock market is less risky than with international stock. You will have a better understanding of your local stock market compared to the international market. While trading, you should consider a number of factors, for instance, the trading value of the last six months, stock value, market interest etc.




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treecko142

There are indeed a lot of factors to consider when trading, so limiting your variables to just the local scene can help those who want to start out on stock trading, since you already have more or less a background of your country's situation and it would be more understandable for you compared to the international market.




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vinaya

In my opinion, the best way to get started with stock trading is investing in start-up companies or small companies. When you are investing in a start-up company or small company stock, you should always do a background check of the promotor and executive body of these companies. You should always avoid companies that have promotors and executive bodies with shadow personality or have been associated with bad things.




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treecko142

It will help you get to understand the market, but the background check might take longer if you're doing this alone since smaller companies/ startups generally have less presence online so it will be harder for you to decide if it's worth investing on (it's easy to eliminate those with shadowy executives, but also hard to determine if the business will be good).




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vinaya

You have a point. If you are trading stock, you should always go to the stock exchange of your town/city. The real trading happens on the stock exchange. You can also trade stock online, however, you never know whether it is legit or not. While buying stocks, you should always check the status of the company. You might have to invest a lot of money while trading stock of established companies, however, this is less risky. You can invest in a lot of stock in new companies, however, it is risky.




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treecko142

Yup, I always tell my friends that investing is just educated gambling, and you have to know how much risk you are willing to take in your investments. If you don't want to risk at all or don't want to research, you can always start investing through your banks via UITFs.




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vinaya

You have coined a very interesting term for stock trading: educated gambling. Yes, stock trading is in a way a gambling. You gamble your money and you never know whether you will make profits or loss. Linke in gambling, calculation also does not work in stock trading. No matter how you calculate the risk, you might make a huge loss. Just like in gambling, you are depended on your luck in stock trading.




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Martinsx1

"... it is also important to take your country's situation and the businesses in the stock market..."

This is so very true, when you have better knowledge of how your country's business sector is doing, it would give you a better idea of when to invest in the stock market or wait.

There are newspapers and magazines on stock market being published everyday and also stock market news. If one could avail oneself to these informative channels, such person would know when it's really right to invest in the stock market.




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treecko142

Yeah, I used to wonder why there are business sections on newspapers when I was younger (I just read the front page, sports section, and comics strip haha), and it offers a lot of information on the current stock market situation and other news pertinent to trading.




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aeon

I do trading in the cryptocurrency but not in the stock market. There are so many factor that you need to consider, specially the current events or news in other country that could affect the trading. In cryptocurrency trading the favorite line is buy low, and sell high.




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vinaya

I am interested in cryptocurrency trading, however, I have never done this. If you have experience on this, can you share on how to get started? I mean how much minimum funds do you need, where to trade, which currency to choose etc. How to decide when to buy and when to sell. Is it good to hold or sell when the tides are high?
Inputs will be appreciated.




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aeon

I do trading in bittrex and there was no minimum amount of deposit before, but right now, I don't know. I deposited 0.003 btc to use for my trading, and honestly it's really hard to predict how high or low will reach the particular cryptocurrency. I'm looking at the graph and analyze the price of particular crypto. Example, the price of the ripple yesterday was $2, and today is $0.6 so, I will trade my btc to ripple, and wait until it reach even $1. and look for another cryptocurrency to trade in again, depends on their price. Well they said we should watch out the Ripple, monero and steem.




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Martinsx1

I have invested in company bonds over the years and it actually paid me well but there came a period when I felt the company would be in a serious financial crisis, so I had to sell off my bond.

Now, cryptocurrency is among the leading online investment people are going into lately and personally I wasn't going to allow myself to be left behind. I have invested in Bitcoin and Etherum.




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aeon

Ethereum and litecoin are gonna be the next big thing, but the problem about these two cryptos like the bitcoin. their price is already high. So, If I'm going to invest in these two cryptos I need more money, and most of the time in that price, it's possible that it will fall. Well for me, much better to start in less $1 price of crypto, but the good thing about the Ethereum, the news said Russia will invest in that crypto, so it's possible that the Ethereum will take place the bitcoin.




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Kakashi2020

You can try reading good blogs like The Penny Hoarder, there's plenty of articles and tips there with regard to stock trading. It also depends if you're going for local trading or international trading.




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EfficientNinja

I think it's really expensive if you go international trading because of the larger fees, right? So, I think I'll be going to do it locally first so it is much less costly. Stock trading learning resources for newbies?

Is the Penny Hoarder blog about penny stocks? I hear it's much more risky to trade because of its very high volatility.




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Martinsx1

To be honest with you, I don't have good knowledge about how stock business is carried out. What I normally do is go through a subsidiary who runs everything for me and all I just need to do is pay when I'm instructed to do so. And also recieve and confirm my return of investment.




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vinaya

I have never invested in stocks, bonds or debentures, therefore, I don't have first hand experience to share. However, based on my reading, understanding and observation, you need a lot of money to profits from stock trading.You also need to have a power to hold your stocks for a long time, until there is very high ROI. Instead of putting your entire money on the stocks of one company, you have t diversify your investment.




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jaybee19

Does investment really require a lot of money @vinaya? I actually know someone from my country which is the Philippines and she's a house helper and according to a documentary report about her which I've seen from TV, she said that she only invested 2,000 php or approximately $40 per investment and just after a year or two her money investments increased to a whooping 1 million php or approximately $55,415.




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treecko142

You don't really require a lot of money, but having a good amount of money for investing at the start can help you get results much quicker. It depends on the prices of the company's stocks, and larger companies tend to have more expensive stocks. If you have a small budget, you only get to invest in the smaller companies or the startup businesses, so you have to research depending on your country's situation which industries will increase in value over the following years, and which of the companies in that industry has the most potential to be successful. The person you saw on TV could've just been lucky with her investments; not everyone who spends $40 gains that amount of return.




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jaybee19

Thank you so much for enlightening me about this @treecko142. I really guess that house helper just got lucky especially that according to my research, the one who helped her find good investments are her rich and influential employers.




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treecko142

In that case, the luck of the house helper was in working for a very kind employer. They must have a good understanding of a stock market and on which businesses to invest in. To be fair, aiding your house help through teaching how to invest is much better than just giving them money.




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jaybee19

Exactly. They're very good employers. I hope employers around the world who have knowledge about stock market are like this so that their house helpers won't retire with just nothing but an over-worked body. I mean, such things shouldn't be categorized as 'too complex' for normal citizens, especially to those who have only graduated from high school or elementary, that people who know about it won't teach those persons about it. They need it and it might help them improve their way of living.




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fishbate

All i know about stocks is that its a long term investment. Although there are stocks firms that take care of your account and basically all you have to do is wait, the guarantee is lower. For those who are professional in stock trading, they have the option to manually drive their account whether to buy or sell their stocks. The risk is high but if your good in analysis the profit is high and could be a life changer.




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EfficientNinja

There is also something called short-term trading and medium-term trading. In short-term trading, you could buy and sell within the day. Medium-term could last two days to a few weeks. Long-term is for a few months to years.




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jaybee19

@EfficientNinja, I didn't know this kind of things existed tho. All I know is that investments can bring you money or can also make you lose a lot of money. I didn't know you can put a time frame for your investment. May I ask if what investment is the best out of the three?




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aeon

Yeah, that's right. But it's really hard to invest in just short term or medium kind of trading. You're prediction should be accurate to earn, because you only have 24 to 48 hours to wait and change the market favor to your side. You don't have enough time to take it back your investment.




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mildredtabitha

I would recommend you take some classes. For example in my country, there is a 6 months course for learning forex trading. This means you will be good to invest on your own after the experience. So I won't advice you to learn it online. You need someone to teach and guide you practically.




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fishbate

I agree, with full knowledge and know how the success rate is much higher. It's better to take it slow and learn before going into something. Although there are consultants that usually guides an investor within the firm that you want to invest in , its better to be well aware of the the pros and cons in forex trading to avoid any problem along the way.




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aeon

That's right. Much better to go back to school and study this stock trading, instead of listening from some encouragement from other people. In our country, there're a lot of seminars and stock trading related almost every month, this one is also good source of information.




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aecel

I also wanted to learn about stock trading but I don't know where to start. They always say that if you wanted to involve in this kind of investment be prepared to lose something because it's risky and it's like a gambling. Invest in something that you can afford to lose but if you already learn the movement of trading your investment will be worth it.




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Kakashi2020

From personal experience, I would like to give you some tips.

Always Buy Low - there's no sense when you buy stocks with a high price because the risks is great. And ask yourself this question:. If I could buy low then why would I buy high? It's a common mistake by newbies.

Do your research first - another mistake in investing in stocks is believing in people that you really don't know.
Stocks are quite easy investments, but first you must do your research, by finding out the highs and lows of a stock in the past 3 years and correlate the months and look for a pattern. If Theresa pattern, then it's worth investing in because it's a stable stock.

For example if a stock has hit its lowest price in January with a price of $0.50 and peaks by August for three consecutive years with a price of $1.10 then it's safe to say that you should buy between $0.50-$0.65 and sell at $0.85-$0.95. By doing this you're eliminating risks.




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Kakashi2020

You should also choose what kind of stock investing will you be doing. This usually depends on your investment capabilities or your capital.

Would you be investing in volatile stocks which could provide you with high gains but also has high risks.
Or would you prefer minute trading as we call it here in which you earn during flactuations, buy repeatedly selling and buying stocks in a day. Or you could opt for stocks that gives the best cash or stock dividends.




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coolavender

Mutual fund investing has had mixed results for different people but sure results for fund managers because they get paid for their services regardless of the results of their clients' investments. The stock market is volatile and that is the main risk associated with stock investing or trading. Besides mutual fund, another option is the unit investment trust fund where you allow the fund managers to do the investing for you. This type of investing has performed better in the recent years but it is still subject to the vagaries of the stock market much like the mutual fund.

When you're investing, you're looking forward to profit. Some proponents of investing say that they are less nervous about the stock market because they are in it for the long haul and that the high and lows will even out in ten+ years. But what's the point of investing if you're just anticipating the market to even out? I'd suggest diversifying the portfolio by investing in government or treasury bonds. These instruments have fixed and sure interest rates which are several times higher than regular savings fund and time deposits.




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TheArticulate

I think my dad used to use a software called Thinkorswim when he was teaching himself to invest. I think they offer ways to learn about stock trading, as well as resources to actually invest your money in the stock market as well. If anything, it'd be worth checking out because they may have the resources you're looking for.




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Kakashi2020

Usually you can learn from your online broker site, most if not all of these sites have a lot of training guides and materials, all the things you need to know and other resources in their site. All you have to do is sign up in a couple of online stock broker sites and study their materials.




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Kakashi2020

There are a number of stock trading and investment forums in every country, you could join these forums to get insights from long term investors and traders. Most of the time you could get a lot of useful information from these people.




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mdayrit

Stock trading can be too overwhelming for newbies like me. I wanted to try it also but got scared of all the numbers I see when looking at sample portfolios over the net. Because of that, I ended up investing in a Mutual Fund instead since professionals in the field handles these funds. I still want to do stock trading but still finding available time when I can already attend seminars about it to equip myself with knowledge prior to jumping into it.

I saw that you are from the Philippines. Have you checked Col Financial with regards to seminars they conduct? You might want to check it out. Their website also has a little tutorial on how to do stock trading. Apart from that, Bo Sanchez is giving out tips about stocks (I am not really sure if you are familiar with him). You can find videos of them in YouTube as well.




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EfficientNinja

I was investing in Index Mutual Funds at first but I realized I could profit more if I do the trading by myself. It's because Mutual Funds in the Philippines costs more if you compare it to the selections that are offered in developed countries like the United States. Even Index Funds in the Philippines cost twice or thrice more compared to Index Funds like Vanguard.

I wouldn't trust Bo Sanchez. I've read his book about his maid investing in the Stock Market which is good. But the club he is offering is an MLM. If he really wanted to help people why wouldn't he just teach his followers how to invest instead of just giving a list of Stocks to buy every month. This list he gives for a monthly fee can even be found in COL Financial's website for free.




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