online shares
By silkk24
@silkk24 (8)
January 17, 2009 7:33pm CST
I am not sure on the online stock market. I have seen a few sites where you can buy and trade shares online, however I would like to know how to do it. Can anyone tell me if they do it? Also if it is worth doing? Any opinions and help would be much appreciated!
1 response
@1fastcat (80)
• United States
21 Feb 09
I am not going to try to tell you how to do it. I have been doing it for ten years and I feel like I am still learning all the time.
What I will tell you is that it is not easy and not an easy way to make money. If you really don't know anything, you should probably try something else. Either that or trade for pretend first. Like make a list of when you would buy something and see how it would have turned out. Unless you are in a raging bull market where about everything goes up, you will probably find it more challenging that you expected. Or maybe you are a natural born genius and will make a fortune.
Over the years there have been many studies that found even the professionals cannot consistently outperform things like the following methods or stock picking:
Throwing darts at stock market newspapers
Letting 5 year olds pick stocks
Letting birds pick stocks