Posted in Stock Trading Mental Game on Dec 26th, 2009
With the new year just around the corner, I think it would be a good time to set some stock trading goals for 2010. Hopefully the only use I’ll have for my brand new heart monitor is to maximize my exercise time. I don’t want to have to monitor my stress while trading stocks. That’s [...]
Posted in Uncategorized on Dec 21st, 2009
Selling stock is just as important if not more important than when to buy stock. If you follow the basic outlines of what we advocate here at practice stock trading systems, you will already have a sell target when you first enter a position. If you find yourself owning a stock and asking yourself when [...]
Posted in Strategy on Dec 17th, 2009
There are two types of stock trading programs common to the trading world. One type is the stock trading program that does everything for you automatically. You either purchase some software or subscribe to a service and all of your stock trading decisions are automated. The other type of stock trading program is just a [...]
Posted in Beginners, Stock Trading on Dec 17th, 2009
Although it is sometimes a bit intimidating to get involved with stock trading, the mechanics of buying shares of stock are really fairly simple. At the very least we can get you started down the road to making the process easily understandable.
How to Buy Shares Step One
The first thing you need to do [...]
Posted in Beginners on Dec 15th, 2009
The cheapest online stock trading sites vary for each individual. There are so many factors that add up to the cost of trading stocks online that it is impossible to say that “broker x” is the cheapest stock trading site. Anyone who is an active trader or is looking into becoming a day trader must [...]
Posted in Stock Trading on Dec 10th, 2009
In order to develop your own stock trading regimen, you will need a free stock trading software package. The basic idea is to have a place where you can go to test out certain trading strategies and be able to analyze the results. There are a couple of different ways to go about obtaining stock [...]
Posted in Stock Trading, Strategy on Dec 10th, 2009
What are the best stocks to buy? I’ve been asked this question by family and friends and my answer is always the same… “It depends”. There is no best stock to buy. At least there is no best stock for everyone. It’s like asking what are the best shoes to buy? If you are going [...]
Posted in Stock Trading Mental Game, Strategy on Dec 9th, 2009
In order to become a better stock trader you must put yourself through some sort of stock trading training program. There are many courses available to purchase from respected instructors. You can learn to trade stocks by watching someone explain their methods on a dvd. Some instructors will actually let you “look over their shoulder” [...]
Posted in Beginners on Dec 9th, 2009
The easiest investment strategy in the stock market is simply to buy stock in companies that have a profitable outlook. Stock buying is simple, and with a long term horizon is a more stable investment than stock trading. Those of you who don’t have a lot of experience buying stocks might want to consider contacting [...]
Posted in Beginners on Dec 8th, 2009
The easiest way to learn how to buy stock is to open a practice trading account and try out all the different methods for placing an order. Most of the big online brokers offer these free practice accounts. It doesn’t matter if you ever plan on using that broker to actually make a purchase, you [...]