How To Trade Stocks
Welcome to how to trade stocks. The website that aims to help you improve your trading and tell you the truth about the stock market.
We do our best to demystify the often confusing world of stocks and shares. It doesn’t have to be complicated, we go through it all in easy steps without all the unnecessary jargon.
We also compare different online stock brokers so you can be sure you are getting the best possible deal for your money.
Learn The Basics Before Trading Stocks
It is no secret, most people trading stocks lose money, especially new traders. I was certainly no exception.
The reason for this is often a lack of understanding of the stock market basics. It’s important to take your time to learn about different brokers, different trading styles, risk management, strategy and much more.
I was all too eager to get started trading at first, I didn’t spend anywhere near enough time learning how to trade stocks.
This website’s aim is to provide helpful tutorials on the stock market basics to help you get started. Some of these I have written personally and others have been submitted by other visitors to the site.
If you have an article you feel will help the community here learn about stocks, please send it for inclusion on the site.
We also offer honest reviews on the stock trading courses out there. If they are less than stellar, we tell you rather than writing a bias review just to gain a few bucks commission!
We can help you find the right stock broker for your trading needs. The best stock broker for you can be completely dependant on your trading style. We aim to provide impartial reviews on these.
For many traders a discount stock broker is most suitable. A few of these offer trades for less than $5. However, some claim to be cheap but have hidden charges you may only discover after you have signed up and funded your account.
These kind of fees really annoy me, so I have spoken to many brokers over the phone and live person to find out all their fees. I have included my findings in the online stock broker reviews section of the site.
The amount of money you give to your stock broker when you purchase stocks can have a massive effect on your trading results. You definitely want to be spending as little as possible on brokerage commissions whilst still ensuring you are getting an acceptable level of service.
Your Stock Trading System
As well finding a broker that gives you cheap stock trades, you need to use a good trading system. No system is perfect and wins all of the time, but a good strategy will consistently make you a profit in the long term.
When buying stocks, it is always imperative to be realistic and take a long term view. You are highly unlikely to get rich over night trading the stock market, but you have a great chance of being successful in the long term.
One final note
Before you start reading my stock trading site or begin trading, I just feel it’s very important to mention that I strongly recommend that you only buy stocks with money you can comfortably afford to lose. This is not to say you will lose money, but it’s better safe than sorry, right?