How to trade stocks online for beginners?

Is it better to trade stocks that follow the market or stocks that don't?

  • Hello, I'm new to trading stocks, I watch the emini S&P to see how the overall market is doing. Well, In the morning when I see how the emini s&p is doing, the stocks that I watch will gap up or down depending on what the market does. During the day I have noticed that individual stocks will do what they want, but for the most part follow the market. I'm just wondering if it is best to trade stocks that are not influenced by the overall market? If the market is having a bad day, then the stocks that I have been watching do as well. It seems like watching the overall market is the most important thing to consider when trading stocks.

  • Answer:

    It is not the most important but one of the most important thing you can look at the understand the market condition from the macro-perspective before you trade. When dealing with individual stock, you can either invest based on fundamental or technical analysis or both. Conventionally we all use the fundamental analysis such as EPS analysis below: http://financialindependent.blogspot.com/2011/10/using-earning-per-share-eps-to-analyse.html Hope this helps.

discover... at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

Ehhh... stay out of the stock market right now. There's no rule of law. Just look at the MF Global scandal if you need proof... customers' accounts were stolen and nobody has been arrested. The bond markets are a complete mess, too. Right now we're at a very wild junction in history where 3 main currencies (the pound, the dollar and the euro) are all tanking at once, and there are no safe havens other than metals and trade goods. The last of the safe haven currencies just disappeared... the Swiss decided to debase their currency by pegging it to the euro. Right now... the only thing you really can do is preserve your wealth by purchasing silver and gold and storing them yourself.

revsuzanne

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.