5 Great ways to learn trading and investing in the stock market
Trading and investing in stocks are considered as a profitable venture by many people. Stock trading gives you a lot of trading options that you can choose depending upon your priorities and risk appetite.
Stock trading refers to mass buying and selling of the shares of publicly traded companies. Some
popular stocks include Apple, Facebook, Microsoft, and Amazon.
However, stock trading is easier said than done. You must have a comprehensive knowledge of
market behaviour, performance of different companies and an accurate sense of their behaviour in
the future. In addition, you should be up to date with the latest financial strategies and trends in the
Fortunately, there are many guided trading courses for beginners that can help you chart new
territories. You can also add to your stock trading skills through various other ways mentioned
1. Opening a stock broker account: To begin with, a stock trading practice requires you to
contact an online broker who can negotiate the sale and purchase of different stocks for
you. These days, individual brokers are being replaced by brokerage platforms that offer a
multitude of tools and services like seamless design and excellent research. You should do
your research to select a brokerage platform that is easy to use and offers good research
2. Going through books and trading blogs: Books and online blogs on stock trading are an
inexpensive way of gaining expertise on the subject. There are a host of other textual
resources available on the internet such as webinars and educational DVDs. If you are
confused about choosing a suitable option from a wide range of resources, you can
approach an experienced stockbroker for recommendations.
3. Connecting with an experienced mentor: A good mentor is crucial for your learning journey
to become a stockbroker. Most stock trading courses from trading schools assign a mentor
to guide you on trading essentials. A good mentor can answer your queries, provide
assistance to understand complex strategies, recommend useful trading tools and resources
and motivate and encourage you to keep practicing your trade. If you have not joined a
trading school, you can also approach any friend, family, or colleague who is an experienced
stock trader themselves to mentor you.
4. Studying successful investor stories and news sites: Another way to motivate you is to
carefully study the experience and strategies of famed stock investors like Warren Buffet.
You can learn from their experience about which stocks to buy and what to do when the
market is down. You should also keep a close eye on trading news on channels like CNBC,
Wall Street Journal and Bloomberg. This can expose you to the current market trends, third-party analysis of trading factors and general trading jargon.
Other ways to improve your trading skills include closely following the stock market and practicing
your trades through a simulator app or platform.
Becoming an expert stock trader allows you to achieve financial independence in a short period of
time and put your money into other interesting ventures. Therefore, you should look at investing in
an appropriate trading programme today to begin your stock trading journey.