Beginners taking their first steps towards learning the basics of stock trading should have access to multiple sources of quality education. Just like riding a bike, trial and error, coupled with the ability to keep pressing forth, will eventually lead to success.
One great advantage of stock trading lies in the fact that the game itself lasts a lifetime. Investors have years to develop and hone their skills. Strategies used twenty years ago are still utilized today.
When I made my first stock trade and purchased shares of stock, I was only 14 years old. Over 1,000 stock trades later, I am now 33 years old and still learning new lessons.
What is Stock Trading?
First things first, let’s quickly define stock trading. Stock trading is buying and selling shares of publicly traded companies. Popular stocks most Americans know include Apple (AAPL), Facebook (FB), Disney (DIS), Microsoft (MSFT), Amazon (AMZN), Google (GOOGL), Netflix (NFLX), and more recently listed companies such as Uber (UBER) and Pinterest (PINS).
In the stock market, for each purchaser, there is a merchant. At the point when you purchase 100 portions of stock, somebody is offering 100 offers to you. So also, when you go to sell your portions of stock, somebody needs to get them. In the event that there are a greater number of purchasers than merchants (request), at that point the stock cost will go up. On the other hand, if there are a greater number of dealers than purchasers (an excessive amount of flexibly), the cost will fall.