Tips for beginners
Buying stock online can give you career with no boss, no fixed work time, no office and no fixed work place.This can give you a career which is dynamic, and exciting and offer high profits in exchange to little work. For most traders it doesn’t even feel like work – it’s more like fun.
Here are some tips for beginners
•But stock trading can also be extremely risky, frightening and hopeless
•Investing can be confusing, especially for the beginner. Getting some basic tips can help a beginning investor to make informed choices that fit their needs.
•Before you go into buying stocks you need to decide what your trading style is going to be. There are hundreds of strategies and tactics but in general everything falls into two main categories – buying stocks for long term or day trading stocks.
•Day trading means to trade actively every day and try to extract profits from the every minute changes of the stock prices. This means you can buy and sell different stocks several times per day. The day trader usually doesn’t care about the value of the stocks as long as he can predict a price change in the next minutes or next hour.
• On the other hand the long term investor less aggressive. He doesn’t need to trade many times per day and many days he doesn’t trade at all. The focus of the stock investor is on stocks which supposingly have long term value. The long term stock investor is not worried if a stock lose a percentage of its price for a day or even few months.
•The first rule in investing is that "there are no set rules for investing". There are no guarantees and no perfect way to invest.
•Never keep more than 20% of your portfolio in a single stock.
•Spread out your risk. You should not put all your money in high risk stocks. Try some lower risks and some higher risks. This is the best way to protect your money.
•Always look at the value of the stock than the price . Low cost stocks may be low for a reason. Look at the whole picture.
•DO NOT buy stocks with money that are intented for food or otherexpenses. Trading stocks is a risky business and it’s even riskier when you are a beginner.
•Be careful when you choose your stock agency.Donot choose a company just becase they charge less transaction fees.
•Avoid making average, when stock is coming down.
•Don’t watch or trade too many stocks at once

