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What is the easiest way to get started in the Stock Market?
I would like to put up about two hundred a month in the stock market just to have some forward investment’s that could teach me how to do it properly when I start making more money. I have the stocks all ready in mind that I want but should I get an e trade account or are there other places I could go to do very small trading and really control it myself.
A nobody 5:02 pm on August 20, 2010
At least you starting your journey knowing that you should learn what to do before you do it, and hopefully you will also learn why you’re doing and how to do it.
Before you open an account with a brokerage firm, please get to know what you are doing.
There are websites that serve as tutorials for novice investors as well as information for the more experienced. Such sites are Smart Money – http://www.smartmoney.com/ Winning Investing – http://www.winninginvesting.com/
There are other sites that should be viewed daily that will help you with your investment strategy like – MSN MONEY -(http://moneycentral.msn.com/home.asp) and Yahoo Finance (http://finance.yahoo.com/), that should be viewed daily
Other sites Investors Hub (http://www.investors.com/?tn=top), that provide access to various investment products as well as access to several experienced advisors, all provide a wealth of information regarding the market and the various products trade in the markets. The research and commentaries by the various writers provide a wealth of free information that serves all types of investors whether they are novices, or experienced professionals.
Here are some other websites that will help you
http://www.thestreet.com
http://www.brokerage101.com/
http://stockcharts.com/
http://www.grahaminvestor.com/
http://www.morningstar.com/
Good luck on your journey
b2fnow 5:02 pm on August 20, 2010
Broker Reviews
http://www.consumersearch.com/online-brokers/reviews
http://sharebuilder.com/
http://www.mysharetrading.com
http://www.howthemarketworks.com./
http://stockmarket.makemoneyideas.in/
http://www.top10traders.com
http://investopedia.com (for finance terms and definitions)
http://investing.sitesled.com/
http://www.stockcharts.com
http://www.freestockcharts.com
http://www.fool.com/school/basics/basics...
http://beginnersinvest.about.com/library…
Stock Trading Warrior 5:02 pm on August 20, 2010
Any of the discount brokers should work well for you. I would pick a broker that has some educational webinars to help get you started. Don’t know if e trade has that, but TDAmeritrade does and they’re pretty good.
Also, do you have a strategy and stock trading plan in place? Having that together can really help in your success. You can do really well with stocks with a good plan for strategy and risk management.
Best of luck trading/investing.