How to get started in playing the stock market?

Submitted by Craig Strzelecki on Mon, 03/04/2006 - 13:20

You are young - so I guess you have a riskier trading profile than older people - And please don't call it "playing".

I am a 17 year old teenager and i want some tips on how to get started in playing the stock market?

You are young - so I guess you have a riskier trading profile than older people. You have the time to earn back money you lose - so perhaps most of your "playing" would be high risk high return ventures / trading. Have a look at CFDs (http://www.mysharetrading.com/trading-topics/derivatives-cfds) and other derivatives for a little leverage.

And please don't call it "playing". It is either - trading or investing. Trading is a serious endeavour and you can lose your hat. Have a plan - a plan to enter and exit the market. And don't ever gamble or let your emotions play you.

$550 FREE Brokerage - Save money on Commissions!
ANZ E*Trade is offering you $550 worth of free brokerage.
invest.etrade.com.au

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <blockquote> <h2> <h3>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
4 + 13 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

E*Trade - $550 FREE Brokerage!