| If yes, then look no further because in this 'stock | | | | companies survived through the Great Depression |
| market basic' article, you'll learn a number of tricks | | | | and will survive the current economic downturn no |
| that can get you up and running within a few days | | | | matter what; meaning they'll be around for a long |
| starting today. Therefore, follow the steps below to | | | | time to come. |
| begin your way to a successful stock trading career. | | | | The main advantage of buying these DEFENSIVE |
| 1. Create a portfolio with or - This will allow you to | | | | stocks is that you can sleep at night knowing your |
| trade stock without using real money; which means | | | | money is doing well. However, there are NO |
| you get to practice as much as you want and see | | | | guarantees that you won't lose money; it's just that |
| how you do without using real money before | | | | these stocks are the best and safest for people like |
| jumping into the real deal. You can start by giving | | | | you who are looking for tips on stock market basics. |
| yourself as much money as you $200, sometimes | | | | In addition, they pay good dividends too which is the |
| more, to try out the market. | | | | main thing. |
| 2. Start Testing and the Stock Market - Now that | | | | 3. Step 3: It's Time to Start Buying Stocks - Once |
| you've created your account with no real money, | | | | you've tested the stock trading waters and are |
| you may commence buying 'dummy stocks' | | | | comfortable, you can finally put in some real money |
| straightaway. Since this is 'Stock Market Basics', the | | | | to buy real stocks. A good place to start is at (or |
| stocks you want to focus your buying power on are | | | | similar) because they're excellent stock trading |
| consumer staples, consumer discretionary, and | | | | platforms for beginners. |
| healthcare; things people use on daily basis. These are | | | | In conclusion, here are a couple of advices for you |
| known as "DEFENSIVE" stocks that will survive | | | | here: Since you're reading "stock trading basics", |
| through good and bad times in the economy. | | | | chances are you're new; so DON'T DAY TRADE. If |
| Examples of such stocks are: 3M, Procter & | | | | you do, you'll end of being a rookie in a world of |
| Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco | | | | professionals. Also, day trading involves a lot of |
| and more. | | | | commissions to the broker. With all the commissions |
| The underlining principle here is that everybody's got | | | | deducted from each trade, you'll be lucky if you only |
| to eat and clean up regardless of the state of | | | | lose half your money. |
| economy, right? You bet! Anyway, many of these | | | | |