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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.
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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!
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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!
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Glad to help Valerie!
You might also want to check out the website and APP called Investopedia.
www.investopedia.com
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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.
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