Trading in stocks is a fairly popular way of investing money in securities. In this case, profit can be obtained not only in the form of dividends, but also by buying and selling on the stock exchange. To start trading stocks, you must first study the information on trading and trading strategies.
Instructions
Step 1
Explore the available stock literature. Currently, there is no need to spend money on books, all useful information can be downloaded on the Internet or read online. It is also recommended to visit the forums dedicated to stock exchange trading. Get familiar with the basic principles of trading, technical and fundamental analysis, trading strategies, and also read useful tips from experienced traders.
Step 2
Select the brokerage office through which you will carry out transactions with shares. You can buy securities on your own, but this is associated with high risks and financial costs. In the case of a broker, you will be provided with the leverage that allows you to make transactions in amounts far exceeding your deposit and to profit from the price difference.
Step 3
Check out the offers of various brokerage firms. Choose one that has a branch in your city or a nearby city, allows you to work with special trading platforms and provides analytical information. Also pay attention to commission fees and conditions for depositing and withdrawing funds from a brokerage account.
Step 4
Sign the brokerage account agreement. Make a minimum deposit and start trading stocks. To do this, you need to obtain or download software on the broker's website that will allow you to enter the stock market.
Step 5
Explore the features of the trading platform. If you come across this application for the first time, it is recommended to first try trading on a demo account. With it, you can not only get used to the program, but also test your knowledge of the stock exchange. Once you feel confident buying and selling stocks, you can switch to a live account.
