How Do You Become A Stock Trader?
In today’s world of online investing, becoming a stock trader is no longer an impossible task. By using an online trading account, It is possible to trade on your own without ever speaking to anyone. Many websites allow you to be a stock trader. You can trade stock online on either a part-time or full-time basis–all from the comfort of your own home. Step 1 Do some basic research and read up on investing. Many novice stock traders lose their shirts early upon entering the market because they aren’t prepared. Don’t get eaten by the sharks. In the stock market, knowledge is power. Step 2 Speak with friends who are stock traders themselves. If you have friends or colleagues who are in the market, ask questions. You may have decades of experience and insight at your fingertips. Many investors are happy to give beginners advice. Always make sure to research any suggestions you receive. Step 3 Sign up for a brokerage account. Scottrade, Tradeking, and Etrade are just a few of the many optio