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Let me ask you a question? if you had $5,000 dollars what would
you do with it? spend it, invest in the stock market is what i
rarely hear anybody say those words enough.
First step is the Capitol, meaning your play money not your rent
money those what professional gambler's call rookies out when they
gamble there life savings, then cry when they go home because
they have no money to pay the bills, or put food on the table.
Second step is to open an account depending on your budget i
like http://stocktrade.com because you don't need capital to open
one. And you don't need $5,000 dollars to open one besides i
don't have the minimum for professional broker firm which is
in the $50,000 dollars range.
Knowing what to buy,sell or hold a stock is important learning the
basic is easier then learning the hard way. It takes time to be an
expert in the field if not you will guaranteed to loose your money.
For example if you invested $5,000 dollars in a stock called xyz
and its worth $25 dollars those are 200 shares you have and sell it
for $26 dollars you made an extra $200 dollars just remember to subtract
comm buy and sell comm . Follow the same process when the stock gets lower
buy at .50 cents below what you want to sell it at meaning you will make
a $100 dollars a sell minus commission..
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