Hi there,

I'm 20, and have always been interested in the sudden changes, the software, trading, and dual monitors of stock trading, but don't really know the ins and outs.

If one was to start out small, wanting to buy and sell stocks for profit, can one have any advice of where to start, what books to read, and how to prepare? I am very much successful at NFL betting, and wondered how this differed, (sports betting) to normal day trading through forex and indicies.

Josh

Answer
DO NOT READ "INVESTING IN STOCKS FOR DUMMIES" AND "THE INTELLIGENT INVESTOR". Especially the intelligent investor because over half of it is about bonds and its 500+ pages of BORINGNESS and you'll probably give up on investing after 100 pages. I would recommend "technical analysis by Dr.Kirkpatric 2nd edition" because it tells/shows you how to interpret stock charts. By the end of the book you'll be able to make trades simply off of good looking charts and timing the entry with indicators for stock charts and even play a breakout. You probly wont be profitable just reading this book, but chart reading and analyzing them is a huge factor and stocks that have good stock charts usually have good fundamentals. If you wanna get into fundamentals I would recommend FIRE YOUR STOCK ANALYST.

forex trading dummy accounts?

hi suzane i like your ans on Forex trading but may i know the sites in which i can open dummy accounts and practice forex trading
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appriciate your quick response.

Answer
there are thousands of broker which make it more difficult to select one among them. it would be better if you can read some reviews about different broker on dailyforex.com here you will find the facility and features of different brokers and about the things they don't have.