Don’t know how and where to start in investing in the stock market? This online course will teach beginners the basics of investing in the stock market, with concise and informative videos.
The starting point for online trading is to have the tools you can use proficiently and be able to access without hassles.
The first and main primary tool will be to have an account with an online broker. Considerations will be the commissions these brokers charge and the reliability of their services. From experience, I prefer going through established banks rather than the brokers offering lower commissions. I find that the lower commission brokers are not as reliable, for example, they may not have any stock inventory if you want to short a certain equity (we will be talking about these concepts in later lessons). This is all up to you and how comfortable you are with the product
Other tools – Access to charts, real-time and historical as well as company earnings history are essential. The internet is filled with this kind of information, I would recommend you to find a charting and company information from a place that you find intuitive and has a good look and field. Most brokers will have this information bundled with their desktop/phone software as well. For our upcoming videos we will use a TDAmericatrade paper account to demo the basics of trading with the charting and earnings data but any platform can be used.
This is everything when it comes to investing in the stock market. Everyone has a different plan, some are successful, some are disastrous and some people have no plan at all. From experience, I have been guilty of the latter and smartened up and made a plan that I was able to stick to.
When developing a plan I feel it is necessary to gauge how aggressive you will be and target profit % you want. It is important not to put all your eggs in one basket. Then of course deciding what to buy and when. We will talk about the things you need to consider when developing a plan in mind we will talk about the strategies and ways to make money in the stock market.
What you need to know when Trading
Ok, you have a game plan and are ready to trade. Let’s get familiar with the terms and concepts when investing and trading stocks. What is a PUT option? How do you do a straddle? What’s scalping? Those are some of many questions and concepts we will introduce, we will demo these strategies in our video series.
Please visit https://www.marketcoyote.com to register for a low introductory price of $189