Stock trading is not for everyone. In order to be a good
stock trader you must first understand market fundamentals
and then build upon that knowledge to make good stock picks.
You must know how the markets move. You must know the
various indexes and how they perform. You must know how
different types of stock classes i.e. blue chips, small
caps, equities, etc respond to real world events.
You must understand how interest rates impact the various stock classes.
You must be able to recognize buy and sell signs. And this list
is just for starters.
In other words, stock trading is not for the naive and
inexperienced. Before you go and plunk down money in the
stock market you must know your stock trading ABC's or have
your lunch ate.
There are several ways to gain the education you need to
become a good stock trader. You can take a stock trading
course at your local community college or courses given by local
business groups. You can load up on stock trading books at
Amazon.com or from your local library and study them religiously.
You can attend stock investment seminars given in your local area.
And of course you can search the Internet where there is tons of
valuable information on the subject of stock trading.
But your best bet when it comes to stock trading maybe to
turn it all over to a professional. Good stock brokers
are worth their weight in gold. With a good stock broker you can
avoid the stock trading learning curve which is fraught with pitfalls.
Indeed, hiring a broker might be the best course of action because
stock trading is a serious business that takes no prisoners.
By: George Stark
