Currently, corporate shares have become one of the ways to generate additional income. You can buy securities of highly liquid companies and live on dividends, or you can constantly enter into purchase and sale deals and make money on the price difference. In any case, you must first determine the starting capital and the broker, and only then become a real trader.
Instructions
Step 1
Analyze your financial capabilities and determine the amount that can be spent on the conclusion of transactions with shares. As practice shows, the vast majority of novice traders quickly lose their start-up capital. In this regard, experienced traders advise to start with a sum of money that you do not mind losing. If you decide to fully engage in earnings through shares, then you need to have in your hands not only start-up money, but also funds that will allow you to live without problems for about 2-3 years.
Step 2
Select a brokerage company through which you will carry out transactions with shares. The fact is that at present, individuals cannot independently trade on the exchange, so it is necessary to have a registered intermediary. You can also register your own brokerage company, but this comes with many risks for a beginner.
Step 3
Analyze the offers of brokers. Look for things like commissions, running seminars, providing helpers and platforms, delivering notifications, and disseminating analytics.
Step 4
It is especially important to determine the trading platform or other way of purchasing the stock. For example, a number of companies accept bids for the purchase of shares by phone or e-mail, while others allow you to independently trade through special online programs.
Step 5
Sign an agreement with a brokerage office, deposit the agreed starting amount into the account and get access to your account.
Step 6
Explore analytics and company data. Determine which stocks and at what price you would like to purchase. Submit the corresponding purchase request, which is issued at the time of the appearance of the response request.
Step 7
Receive a written report on the conclusion of the transaction and notice of the shares you hold. As a rule, securities are in non-documentary form, but if you plan to receive dividends on them, then write applications for the issuance of documents in your hands.
