Monday, October 09, 2006

How to Get Started with Investing

1.) First I would recommend you just start reading about how the market operates and what drives everything in the stock market.
A recommended book would be: Trade Your Way to Financial Freedom by Van K. Tharp

2.) Next, I would recommend testing some strategies that you've learned from the reading material before you put any real money into the market. It's always beneficial to learn through experience, and when it's virtual money, you only have knowledge to gain
I recommend Virtual Stock Exchange:

A simulated stock market game to test strategies.

That's all for now, but I've got more to come with blogs of successful traders and how they make $$ thousands of dollars each day due to studying the market and using clear indicators of what could happen, always using protective stops of course.

“There is no such thing as Luck, only Success, and it is what happens when preparation meets opportunity.”

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