Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
Posted by: Peynus
Posting time: 4.9 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
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[–] RedditDead2005-2015 0 points 1 point 1 point (+1|-0) ago
The best way to learn about the stock market is to start reading the financial news online or watching CNBC and other financial news shows on TV. If you don't have the time to follow them, then you shouldn't be trading stocks. You should just stick the money into a mutual fund.
First of all, which country are you in? In the U.S., there's places like E-Trade and other online discount brokerages. A 3% commission sounds too high even for a full service brokerage. Usually, people just getting into the stock market should stay away from individual stocks and stick with index stocks that follow a particular market index like DJIA, Nasdaq 100, S&P 500, etc.
[–] Peynus [S] ago
I'm UK atm. Move about Europe a bit. Any suggestions, then? Also; is there a free service of people monitoring stock prices?
[–] RedditDead2005-2015 ago
The free stock monitoring sites usually show prices which are delayed 5 minutes so it's not that useful for trading. I don't have the bookmarks with me right now, but you can find places of Yahoo Finance, Bloomberg, CNBC, etc. for them. This place is also good for an market overview.