Do You Know How To Play In The Stock Market?
April 12, 2012 12:11am CST
I want to get some help here. I have been researching something about making business in the stock market. Some elite people do accummulate wealth by simply joining in this business. Sometimes, I mind looking the Stock Rate at the business section of newspaper. I do hear stocks rate oftentimes but I do not participate in it. Now, I have been receiving pieces of advice that it is one great niche where you can invest the best way. I am bothered now if I mind risking some of my savings to the stock market. How is it to really join in the said business. Anyone who can guide me here?
12 Apr 12
no experts game it. let me be honest. you just have be in the market. study it over a period of time and invest your money. i would say there is no harm in investing a small amount initially. i am telling you in advance that some portion of the investment would be lost as you are new, however, you would gain knowledge for future. i would not say i am expert....(for that matter no body can claim they are expert)...i started with a small investment in different companies. i lost in some gained in some...overall i got a profit plus good practical knowledge. i would say since i did not attend any classes to learn trading, i learnt through practical experience.
12 Apr 12
i started with opening a demat account with the bank...i am not too sure about your country's procedure. I started with an investment of $200. i invested some in gold, some in other compayies..few paid dividend as well as i held the shares for 1 year. i invested intraday..ie in and out in one day of one particular share which i studied for a while....
27 Jul 12
Stock market trading can be a tricky business and this is why most people entrust stock brokers with their stock market investments. One can none the less do the trading themselves but this will require you to be informed about the companies listed in the stock exchange and what would cause them to gain or lose in the stock market. Stock market trading requires vigilance.
30 Jul 12
Hi. Thanks for the information. That is another my problem..Should I trust a broker whom I really do not know well and to keep my eyes on the stocks flow everyday can be hard, also to me..Maybe I can try it in a little amount in the near future when I do not have any more doubt of investing to such trading. God bless...
14 Apr 12
Hi Keshlois! I have an officemate who joined into stocks. At first, she was always losing because she doesnt know how to play the game. What she did, she hired a stockbroker who is highly observant on the stocks. This made her win. In fact, she earns around 3500 in once or 2 months with this stuff. When asked how much she paid her stockbroker, she was silent... I bet... since her stockbroker is very good, his professional fee must be really high.
16 Apr 12
Hi Gracee, thanks for sharing something about this issue that I have been resolving. Yes, there was also a person who tried to ask to entrust him some amount and he will be the one to play it with the stock market. But I just cannot really give my trust. So, that made me inquire here at mylot. Thanks anyway.
• United Arab Emirates
12 Apr 12
hi think i do not have, no idea about it but i hear afew things here and there so i guess its a risky thing because you put your money at risk of lossing not only the winning and as i heared it requires really experts to do or play this stock market so what i heard
• United States
30 Jul 12
Of course i know how to play, if not, i will not put myself inside stock market. That is the trick you need to learn, if you don't play, you can't win, if you don't know, you can't play. So make sure you know the rule of the game and the risk involve, what you can afford to lose and now much you want to win. After knowing some of the basic of stock market; fundamental of stocks and all the chips within your hand, then only you can be sure you are ready!