Stock marketing - Need help

Okay so i'm sixteen, Ive been into grand exchange price manipulation and over the past few days i've been looking at stock marketing, funny how GE inspired me, but you really have to study graphs and learn pretty much everything before you invest so i'm looking into it. Would anyone suggest any sites/info to read ? i'm really interested in making profits along with a day job sounds quite clever.^_^

 

Well you can't really translate the GE into real life, but you should sign up to one of the various stock market simulation games and try your hand at them. They generally have forums that are very noob friendly and will help you learn, as well as tuts.

 

I actually looked into stock markets around 16 or 17 years old myself. I found that as for the day-trader type, (I'm assuming you want short trades like the G.E. is concerned, get in at a low price, when it goes up a bit, get out with your profits) it just wasn't easy to turn profits after your broker got his/her cut. Most any online site I could find would have a base value to trade and some even a commission rate after that. What this means is that when you "bought" into a particular option/company you owed your "broker" which online would be the site platform you choose, a flat rate for buying the stock on your behalf. When you "sell" your stock, this flat rate is applied again for handling the stock for you while you sit behind a computer.

The problem I found is that the lowest flat rate I ever came across was $5. This means that for any particular trade you owed your broker $10 after you bought and resold. Unless you know some inside game-changing information on a particular stock, the rate isn't going to double or triple over night. This means that to just surpass the $10 commission fee you have to invest quite a lot to take advantage of the small gain each unit of stock displays. It's not that the companies are trying to jip you, they just want semi-serious traders. They aren't looking for $10 and $20 trades, most minimum deposits to start an account are $500 and up. You don't have to trade all $500 at once of course, but just making you deposit that much to start trading means they expect larger trades than (at least I'm comfortable with).

I have another post if you want to take a look, it talks about Forex (currency) trading. As for the "small time guy" attitude like myself, it seems alot more noob-friendly, they broker commission is taken out different so that they make money whether you trade small or large. I hope I helped, good luck if you should choose to pursue stocks anyways, let us know how it goes!

 

your fuckin retarded comparing ge to real life stock differences
1. real life= you cant just bot for money and maniupulate stocks
2. if a stock falls a big percent it wont just go back up 3 days later