I realized that by starting to trade on the stock exchange

We all watched movies about the brokers, who earn a lot of money in the stock and currency markets, drive cool cars and talking in a strange language. I was always attracted this area, but it happened that I got a technical education and about finance, stock, futures, bonds, fundamental and technical analysis is only heard on TV or in the movies. Now I work in a large firm and have an average salary by the standards of Moscow, which allows to save money.

And last year, I still decided to enter into the magic world of trading at the stock exchange. The whole process will not be described, but will focus on the main points that I for myself have issued during the year.

1. Technically, it is easy to

Indeed, it is no more difficult than to have a map in the bank. The process is almost identical.

1. Choose a reliable broker. Some banks may also be brokers. You can choose with the help of sites with ratings on the Internet. Some brokers allow to register the account remotely - through the "Public services".
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2. Defines the tariffs for service. Usually they are all the same - a percentage of the transaction (buy / sell) financial instruments (shares, bonds, futures, currency) at the exchange.
3. Make a purchase and sale through the terminal on the computer or in the application on the mobile phone.

The entire history of operations is stored in a brokerage account. The difference between the sale price and the purchase will be the expected profit as it can be added to the dividend or coupon interest, and the more interest you pay to the broker for the deal. Here I will not go into details as nuanced enough. But to fear is not worth it. Keep in mind the analogy of buying a phone on the internet: the actual purchase - this is not a problem, but to find the perfect machine with all the desired characteristics can take a lot of time.

2. have to learn

As I mentioned above, to buy or sell is not a financial instrument of labor. But what instrument to choose - this is the main question. And then - exactly when to buy and when to sell. Or keep, to gain income from dividends or coupons.

It is necessary to understand how the world economy. Why is everyone talking about the price of oil. Why gold is used as a means of insurance, when the stock exchange panic. how to financial Accounting. On which companies hold sectoral economy. How to read the financial statements of the company. What is the trend models and moving averages.

And the deeper you dive all the more you realize you do not know anything. Here come to the aid of the Internet, books, articles, videos, recommendations, friends, moms, dads, grandparents (though the latter would think that, most likely, you come down scrip and dealing with any financial pyramid).

3. Emotionally, it is hard to

If you suddenly decide to buy risky instruments, be prepared that this approach will make you nervous and constantly check, raise or fall in the price of your favorite stocks. It seems like shopaholic monitor sales and are afraid to miss the great discounts.

Will experience: "I had to buy before," "We had to sell before", "may now sell", "What ?!".

To reduce the emotional pressure, invest in trading on the stock exchange the amount of money you are not afraid to lose. And as your experience grows and the strategy can be increased and the amount used in the transactions.

4. No one knows what will happen

Whatever anyone says about the future, in fact, nobody knows for sure. Although analysts can make predictions, based on his experience, market conditions and the political situation, there is a probability that the price will change that way and not otherwise.

Study such version is useful, as it informs about the mood in the markets and helps decisions to buy or sell. But absolute guarantee no one ever gives.

5. This exciting

Trading on the stock exchange is really addictive. In this there is an element of excitement and competition time, and a sense of belonging to something mysterious about what your friends and acquaintances heard only on television.

The main thing here - do not lose your head. It can be in a casino, where you can leave without his pants. A means may be earnings and savings in a detailed and responsible approach.

6. develop responsibility

To trade on the stock exchange need money. Free money that you were not afraid of losing them and then starve. It motivates to reconsider the attitude to finances, look for ways to increase earnings or reduce costs. Developing financial literacy and responsibility: you probably think about it before you commit to a spontaneous purchase.

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I spoke briefly about the Insight, which was the first year of trading on the stock exchange. Since I chose a rather risky options and more gained experience, the year ended with a small net. However, it will be covered by the tax net of IIS (individual investment account), and in fact I will be in the black. It's better than if the money were lying under my mattress.

Exchange was not such a terrible monster. Yes, there is a lot to lose, but you can also buy a lot. The main thing - to sink gradually into all the nuances and subtleties, and patient approach, responsibility, effort, and perhaps a modicum of luck, you will succeed. And then, maybe, about you will be removed next film with DiCaprio in the title role. :)