So let's get started!
1.You with out a doubt you will need a computer. It's best to have a new computer because you will need a certain level to run some programs. So you need the actual computer, keyboard and other accessories and an operating system.
2.You will also need an Internet connection. You will need a trusty Internet connection, you really don't need it going down all the time, and especially when you really need to sell or buy RIGHT NOW! Normally the highest speed is the better. However it is a good idea to have a back up Internet connect. Even the best connections will go down at some point. This might mean that you know you can in to the office and use the Internet there if you need to, or it might mean that you purchase a dial up account. You will also need a telephone line to use the dial up account, and if you need to call your broker.
3.You will also need a broker. There are many online brokerage firms that will offer you a range of different deals. You should choose a broker that offers you information, support and advice. You should also choose a broker that you can contact and that you can trust. It's not a good idea to go with a broker that operates under the raider, because you need them they probably won't be there.
4.Now once you have gotten started you need to get making money, so you should start by learning a little bit about chart reading. You can read about this on various websites. If you can read the charts you will have a good idea what is going on. So get reading!
5.You need to set up a sell amount every time you buy a stock. Never enter the game with out knowing how or when you will get out. The money that you make on the stock exchange will be when you sell not when you buy. So make good selling decisions.
6.Don't buy a sock that is falling in price because you think it will go up. You should however work towards buying stocks that are rising because then you are almost assured some sort of profit.
7.Don't follow stockbroker celebrity's advice like gospel. This isn't because they give bad advice, because normally they give good advice, it is because they give that advice to a lot of people. So once you get your hands on the advice it's old news.
8.You should look for a broker that will give you good value for money with their commission fees.
