2 answers

how Do I Initially Begin Buying & Selling Stocks? Should I Look Into Day Trading Penny Stocks ? Or Should I Invest Larger Amounts Into A Few Companies & Wait Until i Can Sell The Stock For More Than I Paid ?

Asked Buffalo, New York

Im Just Now Looking To Invest In a Few Companies To Make Some Money, I Just Have No Clue Where To Start.
#stockmarket #business #hungryforinformation #entrepreneur

2 answers

Joseph’s Answer

Hello Vernon -

I would recommend focusing on research and getting overly comfortable with the markets before investing your own money. You may find it useful to open up a demo account first to help you get started.

I've included 2 links below:

1. A website with a few different options to open up a demo account.

https://www.daytrading.com/demo-accounts

2. A trading software that I personally use to chart and track the prices of different stocks.

https://www.tradingview.com/

As a final piece of advice; continue to ask questions and stay hungry for information. Focus on building your network - you will be surprised with how helpful staying in touch with people can be in the long run.

I hope this helps and wish you the best of luck with your future endeavors.

Joe

Hammdy’s Answer

Updated

I would recommend reading The Intelligent Investor by Benjamin Graham to acquire a foundation of stock-trading knowledge.

Hammdy recommends the following next steps:

  • Read The Intelligent Investor
Updated
Okay, Ill Get On it Now Hammdy Thanks Alot