Can anons teach me how to start stock trading? I have zero, zero, clue about any of the terms, half of the information i see of it on the web is related to what comes after you've got an account. I don't live in the US, so I'd appreciate if you guys knew an international thing, because it seems sketch. Thanks everybody, if you could help! I have zero idea about any, any part of the process, so please let me know about your experience and how I guess I could make it!
>spoonfeed menothe stock market is just long-term gambling with extra steps
>>33872240Don't live in the us, can't help. I already know you'd have to incur foreign fees if you'd buy us stocks.But for guys in the USA, dump into the the SPY and QQQ. You can make small bets later
>>33872427>>33872437I have no idea about how to even get started i have just heard of the terms so is it similar worldwide
>>33872240Here is what you are getting into: You are going to lose all of your money, probably several times, guaranteed. People who succeed in trading have done it for 10+ years and lost their money over and over again, and even then only a few gifted individuals ever found success.If you just want to make money investing, all you need to know is to put all your money into VTSAX and never sell it. This outperforms 90% of stock traders.
>>33872598Yeah, but I've never begun it, I have no idea about what steps I should take before ever getting into it
>>33872240almost everyone fails to beat the market over a long enough time span, you're not one of the special ones, especially not if you need to ask about the very basics of itjust buy a global index and enjoy beating 99% of retail "traders" (gamblers)
>>33873209Yeah but I've no idea how to even start it, I always hear about what I could do or what could happen, but what I should do to start>>33873369Over
>>338725601) get a stock broker (app or through your bank)2) read up about one or several theories on how to predict future market development3) buy when you believe that the stock is undervalued, sell when you believe it's overvalued, pay attention to political happenings like war etcIf you're lazy, get yourself an MSCI world ETF and whatever you do: Do not emotionally buy or sell.
>>33875542Finally, thank you anon! Are there stock brokers that are more trustable than the others? Can you teach me more on the terms and the process? Anything I'd need?
>>33872240Bump
1. spend your money on vtsaxthat's it. that's all there is. don't trade its already the best>t. 8% in August, 4% in September and October
>>33879012Has it been good historically? How can I start?
>>33872240I'm doing it for 5 years and the biggest issue for me is emotional buying/selling. Like selling the second the stock goes down more than 5%. You can look up all the theory, but that you can't just learn without experiencing it. And there's also way too many "experts" out there (if you search on youtube/tiktok or whatever), who just waste your time.
>>33872240buy something safe and forget about it for some yearsany other way to trade is gambling
>>33879727a lot of those "experts" on youtube are profitable traders. Not all of them, but many of them. The main flaw most stock traders have is they are terrible teachers. That's why its important to learn from a large variety of people and not just hone in one person.Plan out your actions in advance and stick to them. If you plan to sell when it goes down 5% then do that, but its better to make your buy/sell points actually meaningful locations on the chart.
>>33879727If you can't stick to your plan then your size is too big.
>>33879728That way when you're 60 you can buy the best hip surgery money can afford.
>>33879731I just tend to try to time the market. I got googl in april and it's up 70%. Now I feel like I need to sell, because I try to avoid a possible AI bubble burst. I treat it too much like gambling.
>>33879766Some swing traders get very in tune with the current market. I have no idea how they do that. Stop treating it like gambling. Learn setups, track them, track your performance on those trades. Look for statistical advantage.
>>33879766Just sell. You made 70%. That's a ridiculously good gain.
>>33872240I wrote you a post to offer help but mods deleted it
>>33879731profitable traders don't need to make views on youtube. they work for firms that win on those markets or they make money quietly with a method that's -EV to discloseyou can generalize this in the following way, which is always true:>people who sell a metohd to make money are actually making money by selling the method, because the method isn't profitable in itself.see also: poker coaches, andrew tate, etc.
>>33879823you don't know anything. The most profit in trading comes from liquidity that is too small for giant firms to take.
>>33879823Most of the people in firms don't know anything about the retail trading world. They're trying to trade stocks where volume is $200,000,000.
>>33879823No one knows if disclosing methods is -EV. Hypothetically it arbitrages away profits, but everyone and their mother knows what a breakout is and its still a profitable strategy.
>>33872240individual stocks are a waste of time and options are literally just sports betting but instead of sports teams it's companies. best risk/reward ratio is probably investing in some type of fund of which index funds are the most popular. that being said, a high yield savings account isn't much worse and there's literally no risk.tldr, have a shit ton of money already (leverage), otherwise fuck off because you aren't making anything on stocks without taking on outsized amounts of risk on 1k dollars or whatever.
>>33872240Ask >>>/biz/ to expain it to you but do not invest in anything they shill
>>33872240youre not gonna make any actual money anyway. and its all fake bullshit
Every advice here is so fucking bad lmao if you are a real person don‘t do any of this
>>33872240Put everything into the world economy (vanguard ftse all world or msci world etf) on a monthly base, grind and hodl for a decade, be millionaire.
