Buy these 3 stocks | Ready for 🔥

Open your Trading account in mintues with Zerodha

Iron condors give you a great way to make money in a sideways market. Yet most new traders who attempt to trade it wind up broke.

Life is all about achieving financial independence. Investing is a twenty-year college course that will then see you through till you go West. For now, I am just into my first year.

When it comes to the complex world of invest vehicles, knowing which stocks to “drive” down the road to financial success means you have to know the stock market basics. But what if you’re a novice to the stock market? How can you make any money when you don’t know a bull market from a bull pen, or you think that a NASDAQ is a fruity tropical drink that’s served with crushed ice and a mini umbrella?

When people see the term “Penny stocks” this refers to stocks of companies that are priced at extremely small values. Lots of people are intrigued to these stocks since they use a small initial cash outlay, however it’s important to note that there can be a high risk of the share value tumbling to zilch.

One of the fastest growing and exciting means to make extra cash these days is day trading. There are those who do it for a full time job and others use it as a means to earn extra money. With its huge money-making potential and the charge it can provide, it’s no surprise more individuals are taking advantage of day trading.

I believe that you must trust yourself when to buy stock and go with your instincts. The trick is how to find that hot stock pick. The stock pick isn’t nearly as important as the direction of the overall market.

Costly mistakes left unattended will eventually put any stock trader out of business. As important as it is to know what not to do after making mistakes course correction along the way is equally important. Setting up a system with inherent safety mechanisms helps avoid costly mistakes long term.

Unless you’re a Wall Street pro or somebody with just a little too much spare time on your hands, you probably think the phrase “easy to read stock charts” is akin to “summarizing the IRS tax code in ten words or less” or “do-it-yourself brain surgery.” All those numbers and graphs, and those squiggly lines that look like an EKG of a heart on crystal meth are enough to make the average investor or investor wannabe reach for the Valium.

In today’s topsy-turvy stock market, you’ve probably come to realize that you can’t make it alone when it comes to picking stocks. But you don’t want to go to a stock broker (if you can still find one who hasn’t yet flung him or herself from the ledge of their high-rise Wall Street office building). You may have heard about stock trading software, but the big question you have is “What is the best stock trading software for me?”

Whether you’re a serious stock investor or somebody who just dabbles in day trading, you’ve probably read lots of reviews of stock trading software, all of which promise to make you a millionaire just by clicking your computer mouse a couple times a day while you lounge on the deck of your mansion in Cancun. With so many software products out there, how do you know which ones can really make you money and which ones will leave you cursing at your computer screen like it’s the neighbor’s dog after he left his “calling card” right in the middle of your petunias?