What You Need To Know When Playing On The Stock Exchange

Table of contents:

What You Need To Know When Playing On The Stock Exchange
What You Need To Know When Playing On The Stock Exchange

Video: What You Need To Know When Playing On The Stock Exchange

Video: What You Need To Know When Playing On The Stock Exchange
Video: How does the stock market work? - Oliver Elfenbaum 2024, April
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In the past two decades, the concept of exchanges has entered the life of Russians, many have learned that they can be played and even profitable. For the uninitiated, the exchange seems like a source of easy money, but professional traders learn their business for years, absorbing and analyzing large amounts of information.

What you need to know when playing on the stock exchange
What you need to know when playing on the stock exchange

Instructions

Step 1

First of all, it is worth understanding that on the exchange you can not only win big money quickly, but also quickly lose everything that is available. Every bet is a risk, even if the gambler thinks the deal is 100% winning. Even professionals make mistakes and fail on a regular basis, although they rarely do so. Hence the conclusion: without good preparation, investing money in the game on the stock exchange is too risky. Better to put them on a deposit and study everything thoroughly. The second conclusion - when investing in the game on the stock exchange, do not risk all your capital with every trade. Experts advise to play in such a way that the loss does not exceed 1% of the amount of capital on short trades and 10% on long ones.

Step 2

Study the mechanism of the exchange you are going to play on, the rules for buying and selling assets, select the bank, brokerage firm or dealing center with which you are going to trade. Almost all dealing centers have training courses where you can get a basic set of knowledge for trading on the stock exchange. To visit them or not is everyone's business, because on the Internet you can find the same information completely free of charge.

Step 3

Learn fundamental and technical analysis of stock quotes. Fundamental analysis is the prediction of price changes based on various financial events, economic news, which can, in one way or another, affect the price of an asset. Technical analysis - forecasting price changes based on mathematical patterns, charts, indicators and oscillators.

Step 4

Read analytical reviews and financial forecasts that are compiled by analysts and posted on the websites of many brokerage firms and dealing centers. You should not trust them, otherwise these financial analysts would long ago have made a fortune on their advice. Learn to make predictions yourself, based on your knowledge and experience. As soon as the forecasts begin to come true with a probability of more than 50%, you can start stock trading.

Step 5

For interest, download from the Federal Stock Market Commission website the requirements for a candidate wishing to pass the exam for the certificate of a professional trader. These requirements contain the amount of knowledge that is good for a professional stock speculator to know. There is no need for an individual to take exams for this certificate, but the information will be very useful.

Step 6

Study tax laws. When trading, for example, in the stock market, the tax on profits from trading is 13%. Even if a bank or broker, which is a tax agent, independently transfers taxes by debiting them from a deposit account, you will still have to file a tax return. In tax offices, as a rule, there are very few specialists in stock transactions, and they will not help fill out the declaration. You will have to master it yourself or contact private consultants for a fee.

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