Technically, trading on the stock exchange is a simple process. You must have a computer connected to the Internet with a program called an exchange terminal installed. You need to watch the change in stock prices in it and decide at a certain moment what to do - buy securities or sell.
It is necessary
access to the Internet
Instructions
Step 1
Select a broker, then sign an agreement with him. This is due to the fact that an individual cannot directly send orders to the exchange. For this, there are special organizations, the so-called brokers, which provide you with the opportunity to participate in trading. He must provide you with a program for work, a trading terminal, keep accounting and remove certain income tax. For this you have to pay a small commission to the broker - a share of the turnover.
Step 2
Choose the amount of commission that you need to pay to the broker. In addition to it, other deductions are possible, it depends on the cost of services. Since the commission is deducted from your turnover, its size will affect the cost of the transaction. If the commission is small, it makes it possible to conclude short trades, thereby providing a possible increase in profits.
Step 3
Select a terminal. When starting work on the exchange, this is an important point. There are different types of terminals, they also differ in the set of services provided and in the reliability of the connection. Despite this, they all provide an opportunity to view a list of current stock prices, announce a buy or sell order, draw a quote chart. At first, you will be offered only demo access to the terminal. Thanks to this, you will visually become familiar with the program. You will communicate with the broker via the Internet, there is no need to visit the office.
Step 4
Download the terminal to your PC. After that, you will have two questions - when to sell the shares and at what time to buy. There are several strategies, one of them is to play bullish. Pros - you always know your next move. Cons - it is impossible to flexibly enter the trading process.
Step 5
Watch out for losses. This is especially important when starting to play on the stock exchanges. It will be psychologically difficult for you to comprehend the monetary losses. When you buy stocks, you expect to win. To avoid losses, think in advance about the level of value at which you need to close the position. Use stop-loss - loss limitation in the terminal. In this case, the position will be closed automatically upon reaching the level set in the order.
