Practice Stocks
What is the best way to learn how to buy and sell stocks?
I dont know much about business. I’m actually a 3rd computer science student. But I’m very analytical with strong math skills. Anyways back to the question, how to learn to trade stocks? I was thinking of practicing trading stocks through a “stock market simulator” and reading up some basic investing skills on the net. What do you guys think?
In my own opinion, I think paper trading doesn’t give you the right skill set of trading stocks.
Pratice using your own money – but only a little bit – and only play with money you can lose. Then you will know how real excitment is when you’re winning, and how down and depressed you can feel if your stocks are down. Emotions play a large part in share trading. Not so much in stock investing.
You need to know your fundamentals but as a trader, charting and technical indicators are much more important.
It is good that you are mathematical and analytical. Gives you a higher chance of succeeding.
What you need next are discipline in your trading and controllin emotions.
Stock Market : Practice Stock Trading Accounts