Seeking for Advice .

hector99b6 · Joined: 23 Feb 2007 Posts: 4

Hi
I am a newbie in the stock market and wanted to know that is it the right way to earn money. How can I make good money with that? What are the things that are required to be kept in mind? This is necessary to take the right step in right time.

brooklyn_3p3 · Joined: 17 Feb 2007 Posts: 5

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BigBen · Joined: 09 Jul 2007 Posts: 4

hi hector99b6,

first thing first, define your financial goal, then only looks for investing methods which suit you the most. you'll be surprised how this can help your investing strategy in your way forward.

if you are new to stock investing, try not to trade the stock first. trading stock is like a business than investment to me. you have to monitor the stocks, keep news delivered to you and you might need to buy expensive software to chart your price movement.

try look into long-term investment. when you have enough experience (especially in controlling your emotion), you can 'diversify' your portfolio into stock trading.

Hopes it helps...
Wink