• inodat 11:04 am on January 23, 2010

    Hi Frankie,
    There are quite a few websites that you can go to for info. But if your just starting out I would suggest Yahoo finance page. From there you can browse through the listings on the left hand side. Go slow and learn the basics day by day. Before you drop one cent into the market, I strongly urge you to test you new found "skills" by paper-trading. This is trading without money. There are a number of sites that allow you to do paper-trading, virtualstockexchange.com being one. This will teach you discipline which you must have or you will lose your shirt & pants and underwear. Do this type of trading for at least 60 days. Iknow I know, you want to make money now. Be patient, this will be the best education you will ever get for trading. It’s sorta like the difference between reading a book on swimming or getting in the water and you apply what you read, once your comfortable wading a bit, then you can go to deeper waters,(real cash).
    Go into each trade with a set goal of profit AND loss objective. Always use real or mental stops. Stops are prices you set for closing out the trade, both for profit AND loss, you can place them at the same time you place your order or any point after, I prefer the latter.
    Also, be highly skeptical of get rich quick schemes, programs and books/tapes, if their formulas were so great, why are they trying to make a few bucks from you buying them? I doubt it’s because they really, truly love you, and they are hoping to receive the NOBLE PRIZE for humanitarianism.
    I also suggest you spend some time reviewing the info the exchanges have on their websites, invaluable. And let’s not forget our boys at the SEC. They have a great wealth of info on particular stocks and companies, a must site.
    That being said, I wish you the best of luck, cause you will need it, and always remember, your trading points not dollars, this will keep you from getting too emotional, but you will anyways.
    See ya at the bank…(hopefully not the blood bank)

  • Querier 11:04 am on January 23, 2010

    howstuffworks.com

  • VaTreasures 11:04 am on January 23, 2010

    Motley Fool gives a good amount of advice for the beginning/intermediate investor. You can also check out the Yahoo Finance Center.

  • Tomel 11:04 am on January 23, 2010

    Your local community college.

  • deymond 11:04 am on January 23, 2010

    I started out by reading Kiplinger’s Personal Finance magazine and Morningstar.com.