How to Begin Stocks
For beginner traders wanting to learn how to trade the stock trading market which is a complex market, the question is how to start? - The best technique to learn is to first put away your money open a practice trading account this way you can start trading online without any deposit, meanwhile, train by reading online tutorials available on various sites available on the internet, although we would highly recommend just sticking to the one and only top, best, recommended Stocks Trading guide web-site - this web site, but feel free to go anywhere else & waste time on those other sites.
How to Open a Practice Account
This site covers all Stocks Trading training lessons - the quickest method of how to start is to follow the following steps:
- Find a free online guide for beginners guide - this site
- Find one of the best online brokers
- Download the free platform software
- Open a free demo - A demo is meant for practice, with this demo you can begin practicing without depositing or investing money, on this stock account you trade the real stocks market only that you will be transacting with virtual money.
- After registering for a free Demo, come back to this site & on the homepage follow steps to begin studying the trading lessons.
After following the above steps, you're ready to start, begin with the free tutorial as displayed above.
Learning these tutorial concepts will take at-least a few days to a few weeks of more, some concepts can be very confusing for beginners at first, but here we have simplified them for you, but we will not to lie to you, some of them at first will be very confusing. For example, you'll get knowledge about buy stop, buy limit, sell stop, sell limit, entry limit stocks order, entry stop stocks orders, I can feel some heads spinning, especially for novices, wait until you open the platform software and you'll freeze & stare at your screen for 10 minutes trying to figure out what is what. Don't worry within the next ten minutes this training course will teach you the whole stocks platform with two simple lessons and you will know the platform software and operate it with the ease that you operate Microsoft Word: MT4 Stocks Platform Guide
The software that is used for stocks transactions is called MT4 stock platform or just MT4
The screenshot below shows user inter-face of this platform.
Stocks Trading Software for Online Trading & Placing Orders
After this you're completely setup, navigate to the top navigation menu and access the tutorials explaining the terms used in the global stocks market and other basic stocks concepts & strategies.
Stocks Trading Software Platforms:
What is a platform? This is software used to connect to the stocks market by connecting traders to the broker so that they can place trade transactions via the internet (online).
Online Stocks Trading Brokers:
Traders must place transactions through a broker: you cannot trade stocks trading without a broker. Brokers do not charge you anything to open an account, i.e. There is no setup fees. The stocks broker only charges if you make stocks trades, if you do not transact you're not charged. The brokers make money by charging a few dollars for every transaction this is known as the spread.
Stocks Charts:
Stocks Prices are analyzed through graphs that are commonly referred to as stocks charts, in the basics guide at the top navigation menu of this web site, you'll learn these charts & how to interpret these charts to generate buy & sell signals.
Learn Basics - Stock Charts and Technical Analysis
It is best to begin stock trading with a demo first, then after you start making profits on the demo you can then open a live account and deposit any amount you want, but before you do that make sure you read these three topics, stocks money management, stocks leverage and margin, stock trading plan. Beginners request the question how much money to start Stocks Trading with? The answer is more money you've in your real account the better the risk management, because you'll not be undercapitalized.
How Much Money to Start Stock Trading?
Do not start with $10 dollars, even if your stock broker tells you that you can begin with that amount, in fact don't begin trading with $100 as this is not enough to trade with. It's best to save and begin stocks trading when you have $10,000 which is the minimum amount recommended to begin investing with.
- If you want to begin with $10,000 dollars, open a micro stocks account & only open micro lots
- If you want to start with $100,000 dollars, open a standard stocks account and open standard lots
There are 2 types of stock trading accounts that traders can open: micro & standard. For each recommended beginning capital is specified above.
How to Use Practice Stocks Trading Accounts
However, for beginners there is a practice stocks account provided for practice and this way beginners can start without any investment & practice risk free on the demo until they learn the basics and the various methods used in trading the stock market. It is recommended for beginners to follow this method where first they start by practicing without depositing real money as they take time to learn what is required to trade profitably.
Follow these steps:Learn to practice with a free demo for 30 days then open a real account
Technical Analysis & Stocks Trading Key Concepts Training:
Know all about technical analysis and how to combine trading technical indicators to form a complete system which you can use to profitably generate signals. Read all the guides to make sure you have all the required knowledge.
Finally, be ready to study & do a lot of hard work - study each and every topic here & practice these concepts on a free practice account.
We go beyond what most traders know when it comes to explaining what Stocks Trading is and how the online stocks market works and provide you with as many tools as possible. We go into in-depth analysis of stocks prices.
The data on this website answers the question, how does Stocks Trading work? & has more info than what you'll ever find on any other online training web site or book, the screen shots, pictures and image examples make the explanations so easy such that we have compressed years of experience on a single web site. Be ready to study from these tutorials until you know how to make profits in the Stock Market.