I have a faint idea about what the stock market is, shareholders, share prices, and so forth, but how can I, as someone with no business or stock handling experience, go about getting myself involved in this "trade"?
Do I have to hire someone to help? Sign a membership? Can I just show up? How can I buy stock and sell it, in order to make money?
Another thing to clarify is that though I may not be able to predict stock changes as accurately as the experts, just paying attention to the news and events in the world can influence prices and when to buy/sell, or at least that's an amateur take on trends (new Apple product announced, Apple share price rises; Samsung phones blowing up and being recalled, price lowers; brand new thorium deposits discovered in the middle of nowhere, some thorium company prices increase; oil field in the Middle East goes up in flames, price of oil down; needless to say, I'm simplifying things).
I've searched on the subreddit, but they're more general stuff; I would like some help in the actual transactions part and the steps themselves.
I tried asking on /r/eli5, but it was too specific of a question, so I would like to hear you guys,
Submitted November 10, 2016 at 06:24PM by EmperorOfNothing https://www.reddit.com/r/StockMarket/comments/5cb56g/eli5_how_do_i_go_about_buying_and_selling_stock/?utm_source=ifttt
No comments:
Post a Comment