Saturday, 20 November 2021

How to Trade Stocks for Beginners

Rintokusmiran.com | How to trade stocks for beginners - Investing in stocks is not as difficult as most people think. There are many stock trading methods that beginners can try, such as online trading from a personal smartphone. In addition, the vast amount of information available can also prepare you to study market patterns and conditions. It's never too late to start trading stocks.

So what do you need to do when and before you start? Check out the following information so you don't go wrong when trading stocks!

Choose the correct arrow pointer

There are 22 types of stock indices listed on the Indonesia Stock Exchange (IDX). Learn about the types that are commonly used by stock operators. For example, you can choose LQ45 or IDX30, both of which are highly liquid and backed by reliable quality companies. LQ45 itself is an index of the stock market of the Indonesian Stock Exchange, which includes 45 companies. Meanwhile, the IDX30 is the 30 most liquid stocks.

Choose the right security

When you buy shares, you will be using a public company broker or stockbroker who charges a commission on every transaction. Choose a security with a lower commission percentage, for example 0.20% of the total purchase of shares. This is done in order to increase profits and provide a better way to trade your stocks.

Plan a stock trading period

There are two ways to trade stocks depending on the period: long-term and short-term. In the short term, the risk of loss is greater, but there is an opportunity to make a profit faster.

On the other hand, with long-term stock trading, there is a better chance of making a profit. If the stock has a good reputation, fundamentals and good performance

Do it patiently

Not all stock trading methods will be effective without patience. It is recommended that a beginner use a little capital and increase the amount as you understand.

How to Trade Stocks for Beginners
 How to Trade Stocks for Beginners
Likewise, when faced with losses, consider them with a clear mind and make an average recession by buying stocks that are falling in value. You can profit even when market conditions stabilize again

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