What is the minimum amount can you start with stocks? What time do Stock Markets open around the world?
Tell
2009-06-15 17:43:33 UTC
Is it realistic to start with $50 dollar and end up with $75,000 at the end of the year?
Nine answers:
beancounter
2009-06-15 18:09:58 UTC
$1K - $2K should be your absolute minimum. With lesser amounts transaction fees eat into too much of any potential profit. You'd be better off in a CD or money market account.
"Is it realistic to start with $50 dollar and end up with $75,000 at the end of the year?"
No - not at all. 20% returns are considered extremely good - that would grow your $50 to $60.
guru_matt
2009-06-16 18:17:57 UTC
No - that is just silly.
If it was that easy, everyone would be doing it.
If you create an account with an online broker - which is the cheapest way to buy stocks - you will pay commissions of around $10 per trade.
Leaving you $40 to buy shares.
$500 would be a sensible small stake - but if you end up with $600 after a year you will be doing great - that's a 20% annual return.
Have a look at this free newsletter for trading ideas & which market segments are worth looking at - http://www.thedailytradingreport.com
Lyndsie
2014-10-05 07:45:10 UTC
How does Trading Work? I can say you that take a look at this site ( http://forexsignal.kyma.info ) may be it can help you. It 's one of the best course about trading. It seems like Trading is almost totally based on Macro-economics. It also strikes me that since there are not nearly as many currencies as there are stocks/bonds/derivatives etc etc, there must be a large number of market players in each currency bracket. So logically, currencies must be very liquid true? Also, what is the risk of Currency trading, high or low? When I read the business section every day I notice that the Canadian loonie moves hardly a tenth of a cent on a regular basis (in comparison to the US dollar). So it seems like theres very little room for growth in currencies unless you leverage. On that note, whats the maximum leverage permitted for forex trading. I know in stocks its x2, and in derivatives its x10. Anyway the only way to know how to start a profitable buisness is by following some methods like the one that I suggested.
anonymous
2016-02-14 02:00:13 UTC
Here you will find a step by step guide which will hopefully give you a better and deeper insight into how it is possible for you to make money from Binary Options trading https://tr.im/Ist65
You will first need to know what exactly Binary Options trading is, whilst this may seem like common sense many people just have a vague idea of what is involved and the exact risks attached to any trade, so make sure you fully understand the difference for example between actually buying a fixed asset and trading in Binary Options as the two could not be more different.
Next you will need to become something of an investigative journalist when you start trading in Binary Options and by this we mean you need to have a nose for a news story that is going to have a dramatic effect on whatever it is you intend to trade, and one way for you to do this is to keep fully abreast of all the daily financial news stories as this is the only way you are going to be able to make an informed decision on the movement of any Binary Options you are trading.
anonymous
2009-06-15 17:51:34 UTC
Start with the amount that you are prepared to lose - because you probably will.
Have you heard of time zones?
There will be a stock market open somewhere at all times.
Badsha 1
2009-06-16 09:52:31 UTC
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Best of luck, Hope that helps
anonymous
2014-12-19 09:49:57 UTC
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
anonymous
2009-06-19 10:22:43 UTC
Sounds a good plan.
Main markets are UK (8.00-16.30 local), US (14.30-21.00 GMT), Japan (Google it) and HongKong (likewise). Japan and Hong Kong are open between US/UK.
anonymous
2009-06-15 20:36:30 UTC
Yes man, trust me you can dream realistic of earning more even with this starting Capital ...
Regards,
http://www.dodjit.com
ⓘ
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