I remember hearing about a game called Scratch and its premise was that there was a computer and an internet connection that would make you rich if you could master this game before you died. There is something very strange going on with the stock market that involves this game. I am not going to talk about how to play this game, you can find many different tutorials online. I am just going to tell you how I play the stock market.
I have played the stock market game for about seven years now. I do have a few hints for you, and they are for the beginning. I do say beginning because once you get a little experience under your belt you can easily master these techniques.
With that said, it's a good idea to get used to the idea of the stock market. The truth is that the stock market is not as scary as most people think it is. As you get used to playing the stock market, you will see that it is actually quite simple. There are only a few things to watch out for. One of the things you need to watch out for is scammers. Scammers, like the stock market itself, are not very complex and are mostly just people who are trying to take your money.
Here are my two most important tips for playing the stock market.
1. You should carefully check for stock market updates on the minute-by-minute basis. You will probably find the market goes up and down five times a day, sometimes upwards of ten times a day. This is not a complicated system, as long as you are looking for it every minute-by-minute basis. The minute-by-minute basis is not the only way to check the market. You can also check the stock market alerts.
One of the stock alerts I check every night is the rumor alert. The rumor alert will notify you that the stock market is reporting some news that could make you money. This is not an all-inclusive list of every service you can look into. If you use this list alone, you will also find that a lot of those services will not let you check the stock market without first getting their approval.
2. I do look at charts a few times a day to give me an idea of the momentum the market is showing me. I use this to figure out which stocks I should invest in the following day. It is important to know where the market is in relation to you when you decide to buy stocks. If the market is low, and you are bullish on a particular stock, the stock will do well the following day, if you buy stocks in the low priced stock.
So in order to make an informed buy of the stocks you need to do the stock market news check before you make your actual buy. This will also help you out if you decide to take some cash out of the market. You will understand whether you should be bearish or bullish on a particular stock, based on the previous day's price action.