Post by angusburger on Oct 11, 2015 1:25:20 GMT
Introduction
Get acquainted with terminology
How do I practice?
How do I go live and start trading?
How do I track my overall performance?
How do I find the next company?
**Remember the value of your stocks will always go up and down, the only time you will lose or profit is when you SELL.**
Introduction
I purposely “dumbed down” this guide, no offense. There is much more depth to trading then this guide makes it seem. Here are few things to consider that only you will be able to answer:
• Do I really want to suck dick the rest of my life?
• How much risk am I willing to buy?
Get acquainted with terminology
13,000 Words -www.investopedia.com/dictionary/
Common Words:
• S&P 500 – A collection of 500 companies in different sectors used gauge how the market is doing overall on average.
• Share Price – The value of stock on the market
• Beta – A measure of stability of share price – measured against the market average. Betas below 0.0 are fairly stable not moving up or down often this makes it less risky. Higher Betas have share prices that move up and down often. You can be poor fag one second then be rich bitch next, only to become a dick sucking homeless fag the next.
• Volume – Amount of shares traded in a given amount of time. Higher volumes = easier to sell/buy. Lower volumes= it may take time to sell your shares.
• Market Cap - SmallCap/Mid Cap/Large Cap – Generally speaking the size of any one company www.investopedia.com/terms/m/marketcapitalization.asp (0:1:50min vid)
• Exchange-Traded Fund (ETF) – When you don’t want to go through the trouble of picking out individual stocks you can buy ETFs shares. ETFs have different profile “personality” types that can meet your ideal investing needs. www.investopedia.com/terms/e/etf.asp -(0:1.48min vid) ETFs have pros and cons
• 10-K, Annual Report – 10-K gives you an illustration on how a company is doing. It will let you know their financials, their spending, and their current and future strategies to make more shekels, their risk factors and other things. For those who don’t like walls of text go to “Investor Relations” section of any companies’ websites and find “Annual Report” presentation. Some companies make these things tricky to find – go to SEC Edgar database search: www.sec.gov/edgar/searchedgar/companysearch.html
• Penny/Over the counter (OTC) stocks – Any stock under a dollar make sure you double and triple check everything you hear. Common sense, do you have it? Don’t follow the herd do your own research first before you put up your money.
• Quarterly Earnings– You can join in and listen/interact with a companies’ leadership to go over how they are doing against their plan
How do I practice?
• Pen/paper
• Investopedia Stock Simulator - www.investopedia.com/simulator/
• Google: stock simulator - lmgtfy.com/?q=Stock+simulator
How do I go live and start trading?
1. Open your trading account with a broker.
2. Link it to your bank account so you can xfer funds.
3. Profit???
How do I track my overall performance?
• Google Portfolio = amazing!!! Get a complete overview and performance on all your different accounts on a single console. It comes with green and red text, It gives you specific news to what you own are have on watch list, gives you graphs and shit Seriously go check it out. You can set a bookmarked widget in your phone’s home screen and see it live. – 0:3:53min vid
• Excel
• Pen paper?
Honestly, I haven’t tried others
• You can watch live market/after market share price here: www.nasdaq.com/
How do I find the next company?
• /Biz/
• Screeners
screener.finance.yahoo.com/stocks.html
www.google.com/finance/stockscreener
• ETF Screeners
etfdb.com/screener/
• The News, Word of mouth??
• Stocktwits – See what is trending stocktwits.com/
Shameless plug:
There you have it, you are on your way to catch up to Warren Buffet's net-worth. Feel free to toss a few bitcoin bit shekels my way when you make it as a thank you
Get acquainted with terminology
How do I practice?
How do I go live and start trading?
How do I track my overall performance?
How do I find the next company?
**Remember the value of your stocks will always go up and down, the only time you will lose or profit is when you SELL.**
Introduction
I purposely “dumbed down” this guide, no offense. There is much more depth to trading then this guide makes it seem. Here are few things to consider that only you will be able to answer:
• Do I really want to suck dick the rest of my life?
• How much risk am I willing to buy?
Get acquainted with terminology
13,000 Words -www.investopedia.com/dictionary/
Common Words:
• S&P 500 – A collection of 500 companies in different sectors used gauge how the market is doing overall on average.
• Share Price – The value of stock on the market
• Beta – A measure of stability of share price – measured against the market average. Betas below 0.0 are fairly stable not moving up or down often this makes it less risky. Higher Betas have share prices that move up and down often. You can be poor fag one second then be rich bitch next, only to become a dick sucking homeless fag the next.
• Volume – Amount of shares traded in a given amount of time. Higher volumes = easier to sell/buy. Lower volumes= it may take time to sell your shares.
• Market Cap - SmallCap/Mid Cap/Large Cap – Generally speaking the size of any one company www.investopedia.com/terms/m/marketcapitalization.asp (0:1:50min vid)
• Exchange-Traded Fund (ETF) – When you don’t want to go through the trouble of picking out individual stocks you can buy ETFs shares. ETFs have different profile “personality” types that can meet your ideal investing needs. www.investopedia.com/terms/e/etf.asp -(0:1.48min vid) ETFs have pros and cons
• 10-K, Annual Report – 10-K gives you an illustration on how a company is doing. It will let you know their financials, their spending, and their current and future strategies to make more shekels, their risk factors and other things. For those who don’t like walls of text go to “Investor Relations” section of any companies’ websites and find “Annual Report” presentation. Some companies make these things tricky to find – go to SEC Edgar database search: www.sec.gov/edgar/searchedgar/companysearch.html
• Penny/Over the counter (OTC) stocks – Any stock under a dollar make sure you double and triple check everything you hear. Common sense, do you have it? Don’t follow the herd do your own research first before you put up your money.
• Quarterly Earnings– You can join in and listen/interact with a companies’ leadership to go over how they are doing against their plan
How do I practice?
• Pen/paper
• Investopedia Stock Simulator - www.investopedia.com/simulator/
• Google: stock simulator - lmgtfy.com/?q=Stock+simulator
How do I go live and start trading?
1. Open your trading account with a broker.
2. Link it to your bank account so you can xfer funds.
3. Profit???
Robinhood | |
Pros: • Free sell/buy trades (HUGE) • Mobile • Decent watch list • Watch your portfolio climb or fall live! | Cons: • Android/Apple only (No website account) • No portfolio related news • Emotions can kick in and make you sell when you see the line trending down • Slow orders |
Etrade, Scottstrade, Don’t lmgtfu:) | |
Pros: • The offer useful tools • They offer advice / buying programs • Your employer may use these to give you stock options. Free money anyone? • Speedy transactions • Let you buy on margin “borrowed money” | Cons: • They charge you $7.00-$10.00 for every trade • Seriously, every trade |
How do I track my overall performance?
• Google Portfolio = amazing!!! Get a complete overview and performance on all your different accounts on a single console. It comes with green and red text, It gives you specific news to what you own are have on watch list, gives you graphs and shit Seriously go check it out. You can set a bookmarked widget in your phone’s home screen and see it live. – 0:3:53min vid
• Excel
• Pen paper?
Honestly, I haven’t tried others
• You can watch live market/after market share price here: www.nasdaq.com/
How do I find the next company?
• /Biz/
• Screeners
screener.finance.yahoo.com/stocks.html
www.google.com/finance/stockscreener
• ETF Screeners
etfdb.com/screener/
• The News, Word of mouth??
• Stocktwits – See what is trending stocktwits.com/
Shameless plug:
There you have it, you are on your way to catch up to Warren Buffet's net-worth. Feel free to toss a few bitcoin bit shekels my way when you make it as a thank you