The stock market game is a tough place to be in and hence before venturing out into the cold blooded world of stocks you will need to make sure that you know everything about the markets as well as you have had some live experience using the market data.
Now to learn the markets there are a couple of things that you need to do.
Reading about the stock exchanges and how they function is a must if you want to understand the market intricacies.
In fact it becomes imperative to read about the exchanges because of the fact that there have been several key regulations that have come about from the exchanges that have impacted the working of a lot of traders.
Another important way is to learn from the experts.
There are several trading schools which are out there.
These trainings schools have real live lesson plans which will teach everything about the stock market.
The other important thing in the market is the fact that nothing can beat the live stock market when it comes to learning about taking decisions.
That is where the virtual games come into play.
There are several companies which offer a virtual platform for playing in the stock market.
There you can actually create a dummy portfolio and use the real information to add or remove stocks from portfolio.
You can even do day trading as well as short selling in these virtual stock exchanges.
This can be a very good learning for people who have never seen what a market looks like.
These virtual places are also a good testing ground for the people who want test out their stock investing strategies without the fear of losing money.
Once you have become familiar with the stock market then it is time to open an account with the discount online brokers.
You can generally begin trading with as low as 500 dollars.
Apart from this invest some of your money in reading books by the gurus of the stock market like Warren Buffett, Benjamin Graham and Peter Lynch.
This will help you learn about how great minds think and also the fact that you may be able to imbibe some of these strategies into your own stock picking strategy.
Remember that investing in the stock market is a big gamble and you have to play your cards very well.
It takes time to become an expert at that.