| There's nothing more exciting than playing the stock | | | | up and down in regular intervals. They volley |
| market. Playing is the key word here. When you can | | | | between two prices. If you find one that does, pick |
| invest $1000 and within 24 hours make it become | | | | a number close to its bottom price and put in a limit |
| $1500, then you develop a hunger for the game. If | | | | order. You can then go about your business and |
| you dream of doing this, but are afraid to take your | | | | when it hits that price, you automatically bought it. If |
| first step into the world of stock trading, don't | | | | the price is lower, you got it for the lower price. The |
| worry. Here's a little stock market trading tutorial that | | | | share trading education doesn't end there. As soon |
| should whet your appetite enough to open a | | | | as you find you bought the stock, put in a sell limit |
| brokerage account. | | | | order for the upper end of the cycle, and go watch |
| Every stock market trading tutorial needs to begin | | | | television or eat lunch. The transaction takes place |
| with the language of the trade. Of course, you know | | | | when it hits that price. Do you always make as much |
| what the stock symbol is; it's the letters that | | | | as you can? Absolutely not, but you didn't have |
| represent the company. You should know what | | | | expend all the effort either. This stock market |
| stock shares are. If you don't, it's actually part | | | | trading tutorial gives some share trading education |
| ownership in a company. | | | | that doesn't require a lot of effort. |
| When you make a trade, there are two types. The | | | | Lesson three of the stock market trading tutorial |
| first type is the market trade; you buy or sell the | | | | involves knowing how much you want to make on |
| stocks for the going rate, whatever it is at the | | | | the trade. "What a silly lesson for a stock market |
| moment. The second is a limit trade and one of the | | | | trading tutorial." You say. "I want to make as much |
| most important types in the stock market trading | | | | as possible." Sorry, wrong answer. You need to find a |
| tutorial. Here you set the price to you'll buy or sell the | | | | comfortable profit and not get greedy. Remember, |
| shares. When you trade penny stock, you ALWAYS | | | | much of the money you make is in just a few days |
| use a limit order. If you remember nothing else from | | | | if you're a short-term investor. If you made $50 the |
| this share market education, remember that. If you | | | | first day and then added it to you investment and |
| want to buy shares for .001 per share and have | | | | made $60 on that the second day and kept adding |
| $1000 to do that, plus the cost of the trade, and | | | | and increasing your return, the numbers grow |
| order 1,000,000 shares but use the market price you | | | | geometrically and just like the penny doubled every |
| find out very quickly that you don't always get what | | | | day for one year, you soon make a huge sum. If |
| you think you'll get. Market makers, the men that | | | | you try to guess at exactly when to trade, you |
| control the shares of specific companies, can decide | | | | often end up losing all profit. Investing shares for |
| that they really want .01 a share and suddenly you | | | | beginners quote, "A profit, like cash, makes no |
| owe $10,000. Even if there is no foul play, the | | | | enemies." Keep that in mind from this stock market |
| market moves swiftly and a tenth of a penny can | | | | trading tutorial. |
| make the difference between a profit and a loss. So, | | | | A quick review of the three lessons from the stock |
| lesson one of the stock trading tutorial is use the limit | | | | market trading tutorial: |
| order and decide ahead of time how much you want | | | | 1. Use a limit order particularly with penny stocks. |
| to pay and what price you want from the stock. | | | | 2. Look for trends and set buy and sell limits with |
| Lesson two of the stock market tutorial goes with | | | | them and don't be a slave to the market. |
| the limit order. You don't need to be a slave to the | | | | 3. Know how much profit is comfortable and sell |
| market. Look for stocks with trends. Some prices go | | | | when you reach it. |