> How can i do stock trading live?

How can i do stock trading live?

Posted at: 2014-12-05 
You mean just start trading, like riding a bike? You'll fall off. Then you'll fall off again, broke and broken. Until you learn something, until you learn to go slow and balance risk, you'll only crash and burn.

Trade a simulator while you learn. Use Investopedia or Wiki to define financial terms while you develop a trade plan. You really need to learn more about investing before trading and before choosing a system.

http://www.investopedia.com/simulator/

You'll learn that the real world doesn't care much about what you want. It costs money to do business, and going through a broker is part of that cost. If you gamble and treat the simulator like another mythological and fantasy video game, the one-armed bandit will take your money. Develop a plan a test your plan methodically, precisely as you would trade with real money, not with a million dollars, and not just pushing buttons at random.

Learn about investing first. Adhere to good trading strategy and market maxims and axioms. Focus on risk first, not mythological profits. Develop good money management techniques. Learn the art of limiting loss and using stops and position size to reduce risk. Learn the lessons of probability and liquidity. You are a long way from opening an account by any standard. Learn to become consistent, then you might be ready to branch out into trading in a year or two. Actively doing anything the wrong way without knowledge is futile, pointless, and counterproductive.

Since you are in college, you should already know the best way to learn is from a good book or three on the subject. Read Investing for Dummies and The Millionaire Next Door to get a feel for the markets. They are available for free at your local library. If you're still interested in trading, you'll need to read another dozen books to dig out the specifics, strategies, and psychological deficiencies every human indulges.

Stocks Basics: Introduction

http://www.investopedia.com/university/s...

Getting Started In Stocks

http://www.investopedia.com/articles/bas...

Five Minute Investing: How To Evaluate A Trading Strategy

http://www.investopedia.com/university/f...

The Cardinal Sin Of Beginning Investing -- And How To Avoid It

http://www.investopedia.com/stock-analys...

Become A Day Trader?

http://www.investopedia.com/university/t...

http://www.investopedia.com/university/h...

http://www.investopedia.com/university/h...

Investing

http://www.fool.com/how-to-invest/index....

http://money.howstuffworks.com/...

I'm making good profit with penny stock. Check here http://trade-pennystock.checkhere.info

Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.

There's no way to buy without a broker - someone has to handle the transaction and will charge for that handling and recording of the transaction.

The only way to avoid that is to be a broker yourself, and that's insanely expensive. If you're concerned about fees, you're not in the market for that.

If you don't understand why, it's time to do some research before entering the market. The market consumes people who don't really know what they're doing.

I take it your clueless about trading!

I want a program on my computer that directly trades stocks for companies live meaning instantaneously. How can i do that.

Also how can i learn about common strategies. I am in college now.

I dont want to pay any third party, why should i. Nor i want to pay broker. I can research, buy, sell, set top and bottom sell/buy prices etc. And keep track of profit etc.

So is there a program that let me trade...does it cost something if so then why. Aren't all stocks traded at wall street or something.