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Online stock trading from the scratch. email this discussion to a friend?

myLot reputation of 81/100. srmailtosr (138)3 months ago

Hey mylotters, i need serious help. I am very much interested in stock market. I understand that online trading is done nowadays. I tried to get more information but i have some unclarified doubts. I didnt get answers for it from anybody. I need a detailed description of online stock marketing from the scratch. The step by step procedure for doing online trading. I have a bank account and pan card with me. Please help me seriously.

 
 
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tags:  stock marketing, help
 
1. myLot reputation of 90/100. scififan43 (865)   3 months ago

Hi, I regreat that I realy know nothing of the stock market. Therefore I can't help you with this. you may try to find some books in the local libary or bookstore on the stockmarket, mabey that will help.

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2. myLot reputation of 98/100. dragon54u (9527)   2 months ago

I have written many articles on stock trading, so many that I'm sick of them!! familiarize yourself with the trading terms, like what a market order is, a limit order, etc. Then practice with an online trading game, they are free! It's just like the real thing and they often have real-time quotes. You can see how your judgments can make or lose money without using your real money. Find one with a chat feature where you can talk to other traders and learn from them.

When you get good at the virtual trading, find a broker--you need one, you can't trade without a broker--and start trading. But I hope you will spend at least a month in the virtual market first!

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3. myLot reputation of 89/100. CJscott (983)   2 months ago

My first advice, would be to trade fake money for at least a month before investing. But if you are willing to pay with out practice then proceed on.


My second advice is...Google is your friend "Online Stock Market Trading"

http://money.howstuffworks.com/personal-finance/financial-planning/online-trading.htm

"Online Stock Market Training for Beginners"

http://www.estocktrading.net/

And finally I wish you the best of luck.

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