Hey all,
I’m 14, freshman in high school and living in the US. So recently over our Christmas break I was bruising YouTube and somehow a video popped up about how Apple stock was doing well. From there, I kind of just went on clicking the next recommended video and I think this process went on until 1 or 2 am. I was still pretty clueless, all I knew was that a stock was part ownership of a corporation. Since then, I have done some reading and furthered out the basics of how trading works and how buying and selling makes you money. This topic just really interested me and I want to learn more. So, since I obviously can’t invest real money as a minor (my parents don’t trust me with their money), I got this app called MarketSim on IOS. You start with $10,000 and just try to make your way up. Be made about $100 but that’s it.
I guess I don’t really have a point here, but my question is what are the types of traders and the most successful/common strategies (long or short term)? Also, what are some good companies that look like they have a good future and how do you identify them? At this point, I’m just trying to learn more about the market and how it works. How do I identify what stocks to buy? I’m guessing blue chip for long term, but what about short? Like predicting the trend that a given stock will follow?
Thanks again
Submitted February 14, 2018 at 04:46PM by bobjohnson135 http://ift.tt/2GeG3Po
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