The stock markets offer many opportunities to make good money for both professionals and beginners. Every day, thousands of traders buy and sell shares on the MICEX, RTS (Russia), New York Stock Exchange, NASDAQ (USA) and many others. However, it takes a lot of effort to understand how these markets work and to benefit.
It is necessary
- - cash;
- - a computer with Internet access.
Instructions
Step 1
Open an account with a stock broker. Without it, you simply won't be able to trade stocks. Do your research on brokers and banks that provide similar financial services. Open an account with a brokerage office of your choice. You can read more about Russian stock exchanges on the website: stud.ibi.spb.ru/131/ruchdmit/html_files/russia_stocks.htm. Then follow the instructions of your stock broker and fund your personal account. Most of them accept bank and money transfers, deposits, and cash.
Step 2
Analyze different industries. Research the value of the stocks of the leading players in the market at the moment. Follow trends in your chosen industry to understand which companies are lagging and which are on the rise. Find out why leaders are in this position. This is necessary to understand the deep processes of the market: perhaps there will be a recession soon or this is a long-term trend. Assess the political and economic situation in the country. Think about which businesses can benefit from this.
Step 3
Find the 5 most successful companies in the top 5 manufacturing sectors. Do their in-depth financial analysis. Look at the following metrics: their profit over the past 20 months, their return on investment, their ROI, how the company is run, potential future earnings, and the overall health of the organization. The better these indicators are, the more likely the stock price will be higher. Check out the latest news about company promotions. Fix their quotes at the moment.
Step 4
Go to your broker's trading platform and follow all instructions. Buy the securities of the company that you analyzed. Check daily how much the stock price has changed. All of this can be done through your broker's website or other monitoring resources.
Step 5
Sell the stock as soon as the price is acceptable for a good profit. Go to the broker's resource again and commit the sale. Your final profit will be the difference between the price you paid for the securities and brokerage fees (fees) and the price you were able to sell them for.
