Tuesday, June 26, 2012

Share Dealing For Novices - Questions To Answer



"Share Dealing For Novices - Questions To Answer"," Naturally, most of these goals will be set by the amount of capital the investor is willing to risk within share dealing.
 Once done, it is time to find a shared trading brokerage firm to help you begin.
 Do you think that you have the edge to speculate properly, or perhaps you think this is a get rich investment area?

What are your long term share trading goals? Have you actually thought about where you want to be in five years? Have you created a financial plan which this has plotted out? It is important that you realize that you will have many ups and downs, gains and losses that over time should allow you to reach your long term financial gains.
 Are you using your short term share trading goals to invest in more trading which will eventually lead to your long term share dealing goals?

Have you put aside enough cash to cover your living expenses? Believe it or not, this is a very important factor that many new investors do not consider.
 You should only risk the money which you can afford to lose, your short term goals should take this into consideration.
 Make sure you do not trade in too many markets as this can be confusing even to the seasoned trader.
 You should find an experienced stock broker, one that will be available to help you along the way if you have any questions



No comments:

Post a Comment