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Topic: Stock market - beginning (Read 143 times)

sr. member
Activity: 854
Merit: 267
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April 03, 2020, 10:17:42 PM
#13
Don't go diving at it in the first place, do some research and learn as much as you can and then do your thing. You can practice in simulator investments like eToro, investagram.
When you think you are ready you can download Robinhood.
legendary
Activity: 2114
Merit: 2248
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April 03, 2020, 10:22:52 AM
#12
how reliable are those bot app's?
Dependent. There is no single developer who puts out bot apps and AIs, there are a variety of them at different prices and they range in how broad and reliable they are and how they can adapt in different trade situations.
This however should not be your primary interest as a novice to trading.

How successful you can be as a trader is totally dependent on you, even if you have a great bot to work with, you still have to set the parameters with which it would function and bad commands can give bad results.

Do your research. Learn more and explore different strategies and areas.
hero member
Activity: 1358
Merit: 851
April 03, 2020, 08:19:25 AM
#11
"Practice maked a man perfect."
Let me share you an experience. I was a noob trader in stock. I used to visit broker house more often at that time and I had been introduced with one old man who was trading for more than a decade at that time. One day, he was asking me to get out from market. He had sold all of his share. After one month, the market was crashed significantly. That was his speculation based on one economic factor which happened at that moment.
You have to have basic knowledge on stock trading and be experienced guy to have profit. I prefer being experienced and make large investment.
legendary
Activity: 2562
Merit: 1441
April 03, 2020, 08:12:30 AM
#10
can anyone suggest how to start trading stock market and which app's are the best?


Stock market trading carries a learning curve. It usually requires a certain amount of experience, for someone to have a chance of being profitable over the long term.

The best apps are imo stock market trading games which allow aspiring traders to gain experience without risking real money in the process.   Smiley

https://www.marketwatch.com/game
https://www.stockmarketgame.org/

They can give someone a taste of what real trading is like (without the risk).

I've heard places like khan academy, coursera and udacity offer good free online courses on investment, financial advisement and related topics. Can't comment on those having no experience with them. They would likely teach the theory of how markets and economies work. Some of which is guaranteed to be fundamentally inaccurate. Due to the political misinformation deeply ingrained in standardized curriculums.
full member
Activity: 1442
Merit: 153
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March 31, 2020, 11:23:37 AM
#9
Well this is a cryptocurrency forum so my knowledge for trading is only crypto in market. But why not invest in Bitcoin or other alts instead, its much more easier and convenient.
With a quick google search you could find something that is based in your locality, i may know about a stock exchange but only stocks from my country that you can invest in.
I also trade in stock but I trade more often with cryptocurrency like what you have said it is pretty easier to trade cryptocurrency than stock. Although both market involves risk and reward scheme, the level of two is seen different through time. What they only have in common is the characteristics that every trader, crypto or stock should possess like the patience, goal setting plans and strategy that fits their lifestyle. Both market has a story of a man that succeeds after a long journey, try to find them and learn those skills.
sr. member
Activity: 1400
Merit: 269
March 31, 2020, 07:51:15 AM
#8
Well this is a cryptocurrency forum so my knowledge for trading is only crypto in market. But why not invest in Bitcoin or other alts instead, its much more easier and convenient.
With a quick google search you could find something that is based in your locality, i may know about a stock exchange but only stocks from my country that you can invest in.
full member
Activity: 798
Merit: 104
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March 31, 2020, 06:51:36 AM
#7
I bought and sold within the stock exchange is sweet but it'll depend entirely on how you trade Now I don't do that now If the market situation is just too bad then i will be able to start again. But as you've got rightly said repeatedly the stock exchange trade depends on fortune with less fortune more investment are often made But the applications are more likely to lose if they're not copied well.
full member
Activity: 574
Merit: 108
March 31, 2020, 06:32:46 AM
#6
I would like to recommend is the use of the Etoro this is a copy trading platform that you can copy the activity of the other trader that is worth it and you know you can earn with them just copying and without doing nothing, also they have one of the most secured kyc to make sure their users are legit and reliable also you can make your own trade by the use of that as a beginner also you can use that, also we have IQoption and ExpertOption if you want too you can visit those websites I highly recommended.
Etoro is that one advertisement I always see when streaming in youtube, at first, I don't think that it's true because of how easy it would be to invest when using it but, it is real. Nowadays investing is easier because of the advancement of the technology incorporated in the industry, now, you just need your capital, small knowledge in the stock markets and a little bit of luck.
legendary
Activity: 3528
Merit: 7005
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March 30, 2020, 08:43:28 AM
#5
The second thing i wonder is hoe reliable are those bot app's?
I'm going to be honest with you: if you have no experience trading stocks and are asking the above question about bots, you're setting yourself up to lose money as soon as you start.

I don't actively trade stocks, but I do invest in them for the long term and have done so for many years.  I'd advise you to not try your hand at trading, at least until you do a lot more research.  Think about this, even mutual fund managers have a hard time getting gains that are above any of the stock indexes, like the Dow.  In other words, it's really really hard to be successful at trading, even for the professionals.

As far as what "apps" are good, that depends on what country you're in.  You're looking for an online brokerage if I'm not mistaken, and in any case that's probably where you want to start.  You could try Robinhood, which has low commissions, but again I don't know if they're available in your country.  TD Ameritrade is another popular online broker, and they have a lot of good research tools available.  Good luck.
newbie
Activity: 32
Merit: 0
March 30, 2020, 08:32:51 AM
#4
Thanks. Anybody else with stock trading experience? The second thing i wonder is hoe reliable are those bot app's?
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
March 28, 2020, 03:32:55 AM
#3
I would like to recommend is the use of the Etoro this is a copy trading platform that you can copy the activity of the other trader that is worth it and you know you can earn with them just copying and without doing nothing, also they have one of the most secured kyc to make sure their users are legit and reliable also you can make your own trade by the use of that as a beginner also you can use that, also we have IQoption and ExpertOption if you want too you can visit those websites I highly recommended.
hero member
Activity: 3150
Merit: 636
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March 27, 2020, 05:48:25 PM
#2
Etoro.

https://www.etoro.com/

I don't know if they have an app but it's a known website for trading stocks, they also have crypto trading.

In which country you live? Do you prefer to trade US stocks or your local stocks?
newbie
Activity: 32
Merit: 0
March 27, 2020, 08:43:25 AM
#1
Hello,

can anyone suggest how to start trading stock market and which app's are the best?

Regards, K.
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