Ok. Trading stocks is a HUGE field. The answers to your questions depend on many many many factors. Yes, you can buy stock for $300 but each stock has a different price value. While some stocks are worth $0.05 some are worth over $1000. Therefore, you could either buy a lot or you could buy very little based upon what you can afford. Of course you want to buy a stock that is trending upwards, but the market can be finicky and your stock can go down at a moment's notice too. To actually get into trading you need to get a trading platform through which you can buy and sell stocks. Some such companies are Etrade, Fidelity, or Interactive Brokers. Buy working with these companies, you have to pay a transaction fee usually ranging from $3 to $14, depending on the company you use. This in itself can make you lose money because to make any profit your stock has to gain you more money than twice the transaction fee because they will charge you to sell your stock too. I recommend holding off on the stock market. Especially since we are kind of in a squirrely economy right now. Instead save up your money and hold off until you have some more, and try not to spend it. I am pleased to see that you are interested in trading because, yes, there is a LOT of money to be made, but only if you play it right. For more information I recommend doing some research and/or going to a local financial adviser or money manager for further information.
You buy stocks from a broker there are multiple online brokers such as e trade. Majority of brokers have a minimum amount to open an account I believe the average is $500-$1000. I'd suggest going to investopedia.com they have loads of very useful information also they have games where you buy and sell stock at current prices to kinda get a feel for the stock market without the risk of loosing money and lastly read the intelligent investor by Benjamin graham.
Hello,
I've been trading the market for just a few months. My cousin actually told me about this website (http://pennystocks.toptips.org)and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
For more info: http://pennystocks.toptips.org
Bye Bye
Im 16, and I actively invest in the stock market.
Since I also have relatively low funds to play with ($5000 that I generated from ebay buying/selling for past 5 years) Im very picky about the stocks I pick. My best friend (also 16 and ran the Ebay account with me) and I run a LLC (with a parent as principle member) that we want to eventually turn into a financial firm, currently it just acts as an investment club.
I normally invest in $300 bunches (depends on the stock however), as the stocks I pick are in the $10-20 range usually.
Feel free to message me if you have any questions :)
How do you do it and can you buy stock with only $300? Should you but cheap stocks or not so cheap ones? A lot stocks or just one? I'm only a teen but I want to try to make some money before I start to work over the summer and lastly is there really a profit to be made from this?