Tips for beginner

Discussion in 'Penny Stocks' started by Jesus Cervantes, Nov 18, 2019.

  1. Jesus Cervantes

    Jesus Cervantes New Member

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    What are some trading tips for beginners when choosing a stock ?
     
  2. StockJock-e

    StockJock-e Brew Master
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    I realize this is a common question, and there are plenty of great answers on this forum, but its like asking "how do i drive a car?"

    Its going to take pages and pages of text to explain it all!

    You gotta do some of your own research first, then come here with a more finely tuned question, like what are the best dividend paying stocks to own in an inflationary environment?
     
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  3. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    In my opinion, there are no shortcuts to choosing a stock. As a beginner some decades ago, here's what I did:

    1) Read as much as I could about investing, primarily borrowing stacks of books from the personal finance section of the library.
    2) Paper traded different types of stocks: blue chips, growth, high-risk speculative, etc in different markets (up, down, sideways).
     
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  4. StockJock-e

    StockJock-e Brew Master
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    I remember when I first asked the same question, I asked my neighbor who was a trader.

    He said "Go watch CNBC."

    and...?

    Thats it, thats all he said to me. LOL
     
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