Get a Free Stock Market for Beginners Advice ,If you want to invest in the stock market and you are a beginner, there are many stock market for beginners books and e-books available for sale that will guide you in investing.
There are also free online website dedicated to guiding beginners. The stock market is not a risk free investment, stock prices fluctuates daily either going up or down. You should equip yourself with basic technical chart reading to guide you in technical analysis and also do research on the company that you want to invest in. There are also several free website that provides comprehensive tutorials on chart reading and how to identify price entry and exit points. Most online stock brokerage also offer a free dummy trading account wherein you could do mock trading first basing on actual market data to give you a feel on how the stock market works, they also provide access to real time charting tools that will guide you in making your decisions.
Useful Info About Stock Market for Beginners
Here are some useful information about stock market for beginners. Before you try investing in the stock market, you should understand how the stock market works. Basically you open an online account with a licensed online broker. Then you can do your trades online through the internet or you can register the traditional way. You open an account with an existing brokerage house and you place your order by calling your broker over the phone. You profit from the stock market by purchasing certain stocks at current prices then selling them once prices are higher than your acquired price. You could also profit from a declining stock market. This is done by short selling; you sell the stock at current price and wait for the stock price to drop then buy back. Theoretically in short selling, you “”borrow”” the stock that you are selling and you replace the borrowed stocks by purchasing the same number of stocks at a much lower price, the difference in the price is your profit.
How the Stock Market Works From the Inside
The stock market may sound enticing because of the chances of earning big and growing your assets rapidly over a short period of time, but in reality it is a dog-eat-dog world in there. Most people have no idea how the stock market works from the inside, so all they see are the pretty suits and the possibility of growing rich overnight.
To be realistic about it, investing is a serious business. In fact, it is one of the most crucial and complicated lines of work in the planet. In order to make it big in the stock market, you need to have a particular set of skills such as flawless risk assessment, perfect timing, the knack to identify patterns and trends, and accurate financial forecasting. A high aptitude in math and statistics is just a bonus!
So before you start buying stocks or making investments, be sure that you know what you are doing. The stock market is not the casino, and investing is definitely not a hobby.
Here are some FREE books that will help you :
1. Killer Patterns
This eBook shows how to use the MACD histograms to generate trading buy and sell signals.
2. Options Trading 101
This 101 page eBook shows the basics of trading options.
3. Introduction to Forex
This eBook explains what the Forex market is all about an how to get started trading it.
4. The Trader Business Plan
In this eBook, Christopher Terry explains how to put together a trading plan including methodologies, goal setting, and record keeping.
5. Independent Investor Ebook
This is five ground breaking reports EWI has ever published in the 27 year history of Elliott Wave International compiled into one 75-page eBook.
6. Charting Made Easy
This is a great primer for new traders. This eBook covers all forms of technical analysis including support/resistance, trend lines, and chart patterns.
7. The Truth About Fibonacci Trading
Want to learn more about Fibonacci? Here, Bill Poulos takes you step by step into the world of Fibonacci including retracements and extensions.
8. The eBook of Technical Market Indicators
This eBook contains a wealth of information on market indicators including advance/decline indicators, short sale statistics, and sentiment
9. A Practical Guide To Swing Trading
Larry Swing teaches you all about swing trading in this eBook. In it you will learn about candlesticks, trends, moving averages and much more.
10. Secrets of Millionaire Traders
This covers 25 secrets that were collected from interviews with millionaire traders. There is some great wisdom contained in this eBook.
11. Day Trading Mind
This eBook offers some great tips to stay focused on your trading. Mainly for day traders.
12. Pattern Cycles
Here Alan Farley talks about bottom reversals, breakouts, trends, and even Elliott Wave theory.
13. Swing Trading Using Candlestick Charting
In this eBook, John Person explains candlestick charting and pivot point analysis.
14. Keys To Top Trading Profits
18 trading champions share their keys to trading profits. Includes interviews with George Lane (stochastics), Larry Williams, and Linda Bradford Raschke.
15. Three Swing Trading Examples
Alan Farley shows three swing trading examples with charts, instructions, and definitions to get you started.
16. 7 Habits Of A Highly Successful Traders
Here Mark Crisp discusses the seven habits that successful traders have.
Well, that should keep you busy for awhile…