Can anybody guide me for the successful and proven way of trading the stocks ?
148019
I'm a trader myself and I successfully skim off a profit from market movements regularly for a living.\n\nOne of the books the other answerer mentioned was: One Up On Wall Street( By Peter Lynch) - A VERY GOOD BOOK if you are an investor but not a trader.\n\nI trade the forex markets as well as stocks. The only difference is that forex markets tend to move faster and are open 24 hours a day. \n\nThe successful and proven way of trading stocks is to formulate a trading plan and then stick to it. Don't let emotions rule your trade. Ride the trend - don't gamble against it. Use stop losses and the market is always right. Let your profits run and cut your losses\n\nThere is no secret to trading but greed for money usually kills off the amateur trader.
170958
There are really no "better sites" for that. Just pick one of the big names like ameritrade or scottrade. As far as making money, when you short a stock you are betting that the value of the stock will decrease over time. So if you think company x is going to do poorly and you short(sell) them at 10 dollars a share and then later buy them back at 5 dollars a share you will have made 5 dollars a share minus trading costs.
372074
An answer would take volumes to provide, so let me suggest some literature: \n\nI would recommend William O'Neil's "The Successful Investor" as a good starting point. Follow that up with Peter Lynch's "Beating the Street". That should provide you with two strategies that you can learn from in building your own investment strategy.\n\nOther good books include "The Motley Fool Investment Guide" by Tom and Dave Gardner or "Real Money" by James Cramer.\n\nI have read all the books above and devised a strategy that adopts a bit from each one. \n\nAnother thing you can do is invest using a fictional portfolio. Let that run for a few months to see if you are ready to take on wall street. In the meantime, let a professional look after your money (ie, mutual funds). Once you are ready, sell the fund and invest on your own.\n\nRemember, the time spend learning about investing is far less then the money lost by not being prepared.\n\nGood luck.
810393
There are a lot of good brokererages depending on what you like and how you trade.\n\nBarron's Online has a great article on brokerages that they publish each year. (I'll try to find you the link for the March 6,2006 article)\n\nFor basic stuff, E*Trade, Ameritrade, and Scottrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers. \n\nBased on what you put in your question, I'd recommend one of the first three, but all are very good. Cheapest probably is scottrade (of the larger online firms). Yes there are cheaper like interactivebrokers, but you'll have to get used to their software based platform (which is doable). They're only about $1/contract on options!\n\nBrokerages like Fidelity are horrible for anyone with any decent experience. \n\nSo, decide what's important to you as a trader and compare the brokers! You can use the article, or go to each website as they all seem to have comparison charts! \n\nAnd if there are particular things that you want to mention as being most important to you (such as executions, cust svc, cheapest trade - which you mentioned, flexibility on allowing you to do certain types of trades, stop and stop limit orders, contingent orders, great graphing, what if scenarios, training, etc), I'll be glad to help discuss this with you too!\n\nIf you have any questions, let me know.\n\nHope that helps!
959328
I just wanted to share my experience using the FreedomRocks \nFOREX Trading System. I’ve been using the system for several months now and have averaged around 20-30% ROI on a monthly basis.\n\nI LOVE earning interest daily, especially when I can earn interest on 400 Times my money! Its great watching my balance grow each and every day\n\nBenefits of the FREEDOMROCKS SYSTEM:\n• Requires no prior trading experience \n• Requires no research \n• No charts or graphs to read \n• Analyzes your positions and provides you BUY & SELL points\n• Not having to really understand and just let the software do 95% of the work for you\n• Practice with live trades in the market, without risking a penny \n• No cost to utilize a trading platform for execution of trades.\n• Includes step-by-step instructions and screenshots showing exactly what your trades will look like \n• Takes just a few minutes per week to manage a portfolio of any size \n• Provides structure to your trading approach, helping you set up a balanced portfolio & suggesting BUY & SELL points for your positions. \n• The Simplicity of a "set it and forget it" type of approach to trading without having to watch multiple charts on my monitor on an ongoing basis\n• Alerts you by text message or email when your trades execute, so there is no need to monitor your progress throughout the day and there is no risk of you missing a trading opportunity. \n• Allows you to balance your portfolio to earn varying rates of interest on your account. \n• BEST OF ALL YOU CAN SIGN UP FOR A FREE DEMO ACCOUNT TO TEST THE SYSTEM OUT FOR YOURSELF!!\n\nCheck out www.simple4xinvesting.com\n\nTo Get Your Free Demo Account, CLICK ON: Get Started (Customer-Free Trial)\n\nTo Your Success!\n\n-Chris Thomas\nPh: (541)554-8140\nwww.simple4xinvesting.com
597148
try charles schwab, e-trade, or ameritrade
808033
I suggest http://www.Top10Traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.\nGood luck !
103298
Try www.oanda.com. They have spreads as tight as 1.5 pips. And I really like their trading platform too.
657657
1. read vociferously\n\n2. find a good teacher; save yourself a lot of money in losses and invest it in a proper education of trading
1005059
Here is my day trading tip.  Don't do it.  It is a good way to loose money.  Try investing instead.  Select solid companies with good prospects.
786877
It seems like Google(GOOG) accoring to http://www.Top10Traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios as well as the most widely held stocks:\nhttp://www.top10traders.com/StockInfo.aspx
593866
Try investopedia.com.  They have a great way of explaining the ways of the stockmarket.  They also have tutorials and an investing game thats allows u to virtually buy stock and sell American and Canadian stocks in real market conditions.  You are gived USD 100,000 to start off with and its upto u how u grow it.  This is a great learning process. And best of all, all of this is free on ivestopedia.com.  So why not give it a shot?!?!?
546035
Open an online brokerage account with Ameritrade, Scottrade, Tradeking etc and buy shares for say 2000 USD. Sell it after you have gained atleast twice of commission (say 10*2) by looking at ur balances every day. It may go down initially butdon't lose heart on that. It eventually will go up (2min, 2days, 2 years...). Stock investing is basically finding a safe stock which doesnot give you a loss after your waiting period and investing in it. \nTo a beginner like you a safe stock could be EWD
886195
I use Scottrade.com, but you might want to also consider Sharebuilder.com.  \n\nIf you are looking for investment ideas, the first thing you should do is see what the best traders are buying and selling.  This is the idea behind http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money.  Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.  You can also read posts on investing from the best traders, as well as share your own investing ideas.\n\nHere are this month's best traders:\n\nhttp://www.top10traders.com/Top10Standings.aspx \n\nGood luck!
111211
http://www.fidelity.com\n\nhttp://www.etrade.com
94243
You can do  that by many ways.Buy and sell share, by spaculate a good price, you can invest in lands or buildings, which you will sell later for a bigger price, you can do some retail trade, you can offer some information for people how have no time to spend for search.
1016706
First, try trading virtual money on a Simulator real time at Investopedia.com\n\nLook into the Investor platform at TerraNovaOnline.com\nI think this one is free if you open an account there. I use the full-blown package called RealTick for $250/mo. The Investor platform is the same software, sized down to one screen. I use five monitors. This is very technologically advanced softwarefrom Townsend Analytics, the one that digitized the entire Nasdaq last year. Cutting edge technology. If you make some money, then definately upgrade to RealTick.