Good morning.
I am a novice. I have never invested. I don't have a broker. I have little to no knowledge.
I am a 23 hear old student and film maker with a desire for a financially productive interest. I am more than intrigued by the prospect of learning about trading.
Because of the perceived small investment one can put in penny stocks, penny stocks caught my interest first. I know it is essentially like gambling.
I wish to learn about all the essentials of trading.
Do you all have any recommendations? Book recommendations?
Thank you for your time and any advice.
I would recommend that you spend at least a year learning on various apps and websites. Such as "Stock Wars", Howthemarketworks.com, and Wall Street Survivor. Book,..."Stock Investing For Dummies."
I used those along with a few more for 4 whole years before I ever began live trading, and I still feel like a total beginner. If you plan to jump in head first AND do penny stocks, well, not to be a jerk but you're going to lose all your $$$. Nobody, except NOBODY, jumps in with no education and makes $$$.
Best of luck to you!
Brand New to trading
Get the APP "Stock Wars."
Go to...
www.howthemarketworks.com
www.wallstreetsurvivor.com
There's a ton more, but those three were the most helpful to me personally. But everyone learns differently.
Hope this helps!
Good Luck, and Happy Trading!
Glad to help Valerie!
You might also want to check out the website and APP called Investopedia.
www.investopedia.com
Hi Gregg, I would recommend Reminiscences of a Stock Operator by Edwin Lef?vre, and Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis M. Faith. Also Twotif's suggestions are good and investopedia is definitely a good source for a new beginners. Good luck and give us a shout if we could be of help. It's always great to exchange some knowledge.