If you want to expand your arsenal of sources of income, not wanting to be limited to a salary or interest on savings, then you can master transactions with securities. By buying and selling shares of successful companies, you can acquire skills in playing on the stock exchange and significantly increase your income. It is only important to learn how to correctly assess the market situation and not succumb to emotions.
It is necessary
- - passport;
- - free funds;
- - Personal Computer;
- - software for trading stocks.
Instructions
Step 1
Assess your financial condition. To buy shares, you need to have a certain amount that you can afford to lose without affecting your family budget. To open a brokerage account, you will need an initial payment, which can amount to several tens of thousands of rubles. And to create a reliable diversified portfolio of investments, it will take a much more impressive amount.
Step 2
Identify those sectors of the economy in which you are most versed. You should not invest in the securities of those companies about the activities of which you have no idea.
Step 3
Get your initial securities trading skills by mastering the terminology and understanding the basic concepts. There are many popular trader's guides available in electronic form today.
Step 4
Choose the right stock trading strategy for you. Remember that you can make a profit not only when the value of stocks increases, but also when the market crashes. Those who play on the rise in value are called “bulls” in professional jargon, and those who base their strategy on the fall of the market are called “bears”. By combining both strategies competently, you will be able to receive a stable income in any development of the market situation.
Step 5
Determine the period for which you will purchase shares. Distinguish between long-term and speculative transactions with securities. In the first case, you buy shares for more than a year and hold them with the expectation of an increase in the market value of assets. Speculative trading is more dynamic and more risky. Purchase and sale transactions here can be completed for only a few days or even hours.
Step 6
Choose a broker, that is, a company that provides intermediary services to individuals in securities transactions. Choosing the right broker is the key to success. Be guided by the established business reputation of the company, customer reviews and ratings conducted by independent experts. Consider when choosing the amount of commission that you will have to pay for mediation.
Step 7
Sign a brokerage agreement. After that, the broker will open a personal account for you, to which you can transfer the amount required to buy shares of the company you have chosen. The paperwork procedure in a reputable institution can take several days.
Step 8
Install on your personal computer the special software required to participate in the auction. The client usually receives the distribution kit of the trading platform when drawing up a package of documents. The software comes with a personal login and password, which you can change later. If necessary, you can also configure a digital signature creation program on your computer to guarantee the security of your trading account.
Step 9
After studying the features of the trading system, proceed with the purchase of shares. As a rule, the client can independently choose whose shares to buy, in what quantity and on what conditions. In this case, the brokerage company will take into account all transactions automatically, transferring funds received from successful transactions to your personal account.
Step 10
If you are not interested in active operations with shares, and you only want to become a holder of securities in the expectation of increasing their market value, give a written instruction to the broker to buy certain shares for you, indicating their number, par value and other data that are essential for the transaction. The brokerage company will carry out the purchase of shares at your request.
