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How to Play The Stock Exchange

Posted by at 6:22 AM Read our previous post

1. Learn as much as you can about trading shares on a stock exchange. Read specialized books about stock trading, preferably written by successful stock market traders or investors. For more up-to-date information about stock trading, regularly access business news agencies such as Bloomberg or Thomson Reuters.
2. Open a demo account at a major stock broker and try you luck trading shares. A demo account is similar to a regular account, but the money is not real. Reputable online stockbrokers allow investors to open a demo account to try different trading platforms and test trading strategies.You can check your broker's 'legitimacy' with the U.S. Securities and Exchange Commission, which regulates the market.
3. If you are successful trading stocks on a demo account, open a live account, deposit funds and start trading. Opening an account is easy and can be done online. Deposit a relatively small amount of money. You can transfer funds to your trading account via a bank wire transfer, which typically takes about two to four days.

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