Stock Market Secrets
Anyone with any margin of success in stock market investing pays very strict attention to his stocks using technical analysis. Watching the ups and downs of stock prices is the most important element of playing the market.
Watching your stocks has to be a daily habit. Check the stock market listings in the business section of your paper daily and double check for the most up-to-the-minute prices on the internet. Keep track of the history of your stocks and follow every rise, every fall and the fluctuations in between.
It's also important to read the statements that your stock broker sends out to you every month. It will help you keep records of price trends. In between statements from your broker, the Internet will be a most valuable resource for the correct prices.
Stocks that have caught your eye should be monitored before you buy them. Monitor those stocks and watch when they go up or down. Establishing a pattern of highs and lows will make the decision to buy a little easier.
When you have a small windfall or extra cash, you'll know which stocks to top up by monitoring price trends. Those stocks that are steadily increasing in value should be added to first. Plus, diversify your portfolio of investments. You really shouldn't put all your eggs in one basket, as they say.
Keep your broker's phone number handy for when it's time to buy or sell stock. Tell him what to do and at what price. Your broker will handle the transaction and give you a transaction number when your order is placed.
Read the Wall Street Journal or Barrons and keep on top of daily news about your stocks and current events that affect the stock market.
Because the stock market is such a volatile place, you must monitor your stocks if you hope to make money. Keep a three year goal in mind and don't panic-sell if stock prices start to fall and fall hard. Evaluate your stock's performance over time.
If you're in day trading, you know how hard that constant attention can be, however, it can be very lucrative for sophisticated investors. - 23159
Watching your stocks has to be a daily habit. Check the stock market listings in the business section of your paper daily and double check for the most up-to-the-minute prices on the internet. Keep track of the history of your stocks and follow every rise, every fall and the fluctuations in between.
It's also important to read the statements that your stock broker sends out to you every month. It will help you keep records of price trends. In between statements from your broker, the Internet will be a most valuable resource for the correct prices.
Stocks that have caught your eye should be monitored before you buy them. Monitor those stocks and watch when they go up or down. Establishing a pattern of highs and lows will make the decision to buy a little easier.
When you have a small windfall or extra cash, you'll know which stocks to top up by monitoring price trends. Those stocks that are steadily increasing in value should be added to first. Plus, diversify your portfolio of investments. You really shouldn't put all your eggs in one basket, as they say.
Keep your broker's phone number handy for when it's time to buy or sell stock. Tell him what to do and at what price. Your broker will handle the transaction and give you a transaction number when your order is placed.
Read the Wall Street Journal or Barrons and keep on top of daily news about your stocks and current events that affect the stock market.
Because the stock market is such a volatile place, you must monitor your stocks if you hope to make money. Keep a three year goal in mind and don't panic-sell if stock prices start to fall and fall hard. Evaluate your stock's performance over time.
If you're in day trading, you know how hard that constant attention can be, however, it can be very lucrative for sophisticated investors. - 23159
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posted by X - Men @ 6:09 AM
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