The attractiveness of playing on the stock market is primarily due to the potential for making good money. But not every new player realizes that in the market you can not only earn, but also lose your fortune. In order to reduce the risk of losing your investments, you need to start with training, and only then try your hand at this world of serious finance.
Instructions
Step 1
Start by learning the basics of working in the stock market. Check out the relevant literature, which today can be found in both regular (paper) and electronic forms. When reading, pay attention to the specifics of pricing in the securities and derivatives markets, as well as ways of assessing the market situation, including fundamental and technical analysis.
Step 2
Take courses that give you the basic knowledge you need to work in the stock market. As a rule, reputable intermediary companies (brokers) that provide an opportunity to enter the real market organize free training. It can be full-time (seminars, master classes) and correspondence (distance learning). It is unlikely that you will receive an appropriate diploma or certificate upon graduation, but this is not required for you - it is more important to get the appropriate knowledge and practical skills in playing on the stock exchange.
Step 3
Try your hand at a demo account in the virtual securities trading mode. At the same time, you will not earn real money, but you will not be able to lose either. The main thing when making transactions on a demo trading account is to understand the technique of work, the principles of making a profit and learn how to operate the trading terminal.
Step 4
Choose a broker company through which you will enter real trading (as a rule, transactions will be made on two Russian stock exchanges - MICEX and FORTS). Review the terms of service, sign a brokerage agreement. Deposit funds into your trading account.
Step 5
Download trading equipment (a program called a trading terminal) from the broker's official website. Install the software on your computer. Now you can start making transactions in the stock market.
Step 6
As you play the market, stick to your chosen strategy, not letting your emotions get the best of your mind. Limit your financial risks by insuring transactions (hedging). Learn to manage finances, and one fine moment, you will have endless opportunities for achieving financial well-being.
