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February 2012
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Any experts help on the stock market?

(I am currently new to the stock market and have not really done anything with it before. I was wondering if anyone could give me some ideas to get me started in the stock market because I am aware that the market is obviously done right now, therefore I want to buy stocks at cheaper prices but I am not sure how it all works, which 1′s are a smart pick, and how much I should invest in each stock. Help!)

Answer:
We are , or will be starting a rally very soon. To trade stocks you need a broker. You can sign up online with www.tdameritrade.com or www.scottrade.com. Before you buy a stock, you need a strategy. To get a strategy, you will need to read a book. I suggest Wallstreet Money Machine by Wade Cooke. (Cheap on www.amazon.com). His system works. Electronic trading is the same as a full service broker, but much cheaper. Make your own stock picks. Once you have a strategy, finding stocks that meet your strategy is where the work is. Two good sites to look at stocks in in your yahoo browser under finance. Another good site is www.bloomberg.com. Third site is www.clearstation.com. Warning!!! This market rally will be fast and furious. You can make a lot of money. BUT, all the spending the Obama is implementing, will hit us hard before the end of the year. I suggest getting all your money out by Sept. 15. The one rule in stock trading that never loses is: Buy low and sell high. good luck. It costs about $10. to buy or sell a stock. The software is user friendly. You add the stock symbol eg: F for Ford. You will get the symbol from the sites above. Put in the quantity. eg: 100 shares Price $2.00 and the type of bye. Market…that will execute at the next sale. or Limit you name the price. If you choose market, you will not put in the price.

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