Trade Forex Trading

How to Begin Stocks

For new traders wanting to learn how to trade the market which is a complex market, the question is how to start? - The best technique to learn is to first put away your money open a practice account this way you can start trading online without any deposit, meanwhile, train by reading online tutorials available on various sites available on the internet, although we would highly recommend just sticking to the one and only top, best, recommended Stocks guide web-site - this web site, but feel free to go anywhere else and waste time on those other web sites.

How Do I Open Demo MT4 Account in MT4?

How to Open Practice Account

This site covers all Stocks training lessons - the quickest method of how to start is to follow the following steps:

  1. Find a free online guide for beginners guide - this site
  2. Find one of the best online brokers
  3. Download the free software
  4. Open a free demo - A demo is meant for practice, with this demo you can begin practicing without depositing or investing money, on this stock account you trade the real market only that you will be transacting with virtual money.
  5. After registering for a free Demo, come back to this site & on the homepage follow steps to start learning the lessons.

After following the above steps, you're ready to start, start with the free tutorial as displayed above.

Learning these tutorial concepts will take at-least a few days to a few weeks of more, some concepts can be very confusing for new traders at first, but here we have simplified them for you, but we will not to lie to you, some of them at first will be very confusing. For example, you'll get knowledge about buy stop, buy limit, sell stop, sell limit, entry limit order, entry stop orders, I can feel some heads spinning, especially for novices, wait until you open the platform software and you'll freeze & stare at your screen for 10 minutes trying to figure out what is what. Don't worry within the next ten minutes this training course will teach you the whole stocks platform with two simple lessons & you'll know the software and operate it with the ease that you operate MS Word ApplicationSoftware: MT4 Platform Tutorial

The software that is used for stocks transactions is called Meta Trader 4 platform or just MetaTrader 4

The screenshot below shows user inter-face of this platform.

Stock Software for Online Trading and Placing Orders - How to Set a Order in Stocks Software

Stocks Software for Online Trading & Placing Orders

Online Stocks Broker

After this you are completely setup, go to the top navigation menu & access the tutorials explaining the terms used in the global market and other basic stocks concepts & strategies.

Stocks Softwares:

What's a platform? This is the software used to connect to the market by connecting traders to the broker so that they can place trade transactions via the internet (online).

Online Stocks Brokers:

Traders must place transactions through a broker: you can not trade stocks without a broker. Brokers don't charge you anything to open an account, i.e. There is no setup fees. The stocks broker only charges if you make stocks trades, if you don't transact you are not charged. The brokers make money by charging a few dollars for each transaction this is known as the spread.

Charts:

Prices are analyzed through graphs that are commonly referred to as charts, in the basics guide at the top navigation menu of this web site, you'll learn these charts & how to interpret these charts to generate buy & sell signals.

Trading Basics Tutorials

Learn Basics - Charts & Analysis

It is best to start stock trading with a demo first, then after you start making profits on the demo you can then open a live account and deposit any amount you want, but before you do that make sure you read these three topics, money management, stocks leverage and margin, trading plan. New Traders request the question how much money to start Stocks with? The answer is more money you have in your real account the better the risk management, because you'll not be undercapitalized.

How Much Money to Start Stock Trading?

Do not start with $10 dollars, even if your broker tells you that you can start with that amount, in fact don't begin trading with $100 as this is not enough to trade with. It's best to save and start stocks trading when you have $10,000 which is the minimum amount recommended to begin investing with.

  • If you want to begin with $10,000 dollars, open a micro account and only open micro lots
  • If you want to start with $100,000 dollars, open a standard account and open standard lots

There are 2 types of stock accounts that traders can open: micro and standard. For each recommended beginning capital is specified above.

How to Use Practice Stocks Accounts

However, for new traders there's a practice stocks account provided for practice and this way beginner traders can start without any investment and practice risk free on the demo trading until they learn the basics & the various methods used in trading the market. It is recommended for new traders to follow this method where first they start by practicing without depositing real money as they take time to learn what's required to trade profitably.

Follow these steps:Learn to practice with a free demo for 30 days then open a real account

Analysis & Key Concepts Training:

Know all about analysis & how to combine trading indicators to form a complete system which you can use to profitably generate signals. Read all the tutorials to make sure you have all the needed knowledge.

Finally, be ready to study & do a lot of hard work - study each and every topic here & practice these concepts on a free practice account.

We go beyond what most traders know when it comes to explaining what Stocks is and how the online stocks market works & provide you with as many tools as possible. We go into in-depth analysis of prices.

The data on this website answers the question, how does Stocks work? & has more info than what you'll ever find on any other online training web site or book, the screen shots, pictures and image examples make the explanations so easy such that we have compressed years of experience on one web site. Be ready to study from these tutorials until you know how to make profits in the Market.