Begginner in the Stock Market?

I would like to get into the stock market, but I really don't know much about it at all. I go to Yahoo Finance to check on Stocks but I just end up getting really lost, can anyone suggest a book for me that might help me get started. Is there a "For Dummies" book on the stock market? If so, is it any good? Advice from those experienced in the Stock Market would really be appreciated.
Thank You.

I hope this will help:

Investopedia - Yahoo Answer Knowledge Partner
http://www.investopedia.com/

Stock Investment Made Easy - Step by Step Guide
http://www.stock-investment-made-easy.com/

As a novice you should never buy stocks trading at their 52 week high or even closer to it, remember only professionals with years of experience behind them buy at such levels. But a level much lower to its 52 week high doesn't guarantee profits. So if you are finding this baffling, you should understand how much more you need to learn.

Hi

I have found that there is no better tool than your own gut feeling and experience.

To get this go to Borders or Barnes and noble and read the books for your investing interest as there are dozens of types and become informed about those. I started by going on several of those free investment courses that are advertized on TV which gives you the basics, I then went on a course with one of them for 3 days in a hotel for further enhancement cost $2500.00 but I thought it was worth it. They wanted me to spend thousands more to specialize but I decided I knew enough to practice myself with a small sum at stake.

I used Etrade broker as It was the one that allowed the smallest opening balance of $2,000.00 and would allow me to practice on level 2 as well as getting level 2 live quotes for BB and PK stocks that a friend was having some success with. Lost money the 1st year $8K but made it back after 10 months and am now well ahead, try paper trading at first with yahoo then you won't lose cash when learning.

BB & PK stocks are not a good way to learn due to the immediate volotility of them and lack of regulation, PK stocks are mainly just scam shell compies trading up & down on insignificant news, once you know the scam story you can jump in & out fast. just so long as you know it's just another BS story.

I practised news stories, good or bad and developed a strategy to enter and exit based on gut feelings about the type of story, size of company, share price and the type of news.

I like to enter once the share price has started to move with emphasis that the Volume must be above half a million shares or above a million shares on those $2 and $3 stocks to enter immediately news comes out. When shorting I like to see a good increase in volume too.

Another strategy is to follow a big decliner on news for 1-3 days and watch the charts for a bounce opportunity as it begins to happen, this sort of play is usually after at lest a 40% drop in price.

I like to follow FDA good or Bad News, Volume + Year Lows, Buyouts, Share Buyback, product launch's. Gaps up or down at market open.

The courses that I went on were teach me to trade by Russ whitney but there are many others out there. I would not go on the more advanced courses as they are too expensive, the free and taster courses ar the best value.

I use yahoo's free top leaders board in yahoo finance, Knobias Raidar for live streaming News and etarde for level 2 live quotes.

Michael Parness has a great book (rule the freakin markets)and great web site for new investors. he was just like you and me, getting ripped off by the brokers so he decided he would learn how to do it himself so he did and made $millions.

The Wize trade link below was a free course that my wife liked, ($150 cost for the 2nd course) this has a programme that highlights stocks that are about to break out on a swing trade, sounds like this may be the type of program you asked about, can't vouch for it personally but do a search for wizetrade on the internet to collect opinion. If you like this program you can pick it up on ebay almost new for a fraction of the cost once you have been on the cheap courses. Cheap and free courses are a definite must if you only have a basic understanding of trading stocks, do this if nothing else.

Good Luck

Links
http://www.trendfund.com/
http://finance.yahoo.com/actives?e=o...
http://www.daytrading.nu/
http://www.knobias.com/
https://us.etrade.com/e/t/home
http://www.investorshub.com/boards/defau...
http://tmtt.com/
http://new.wizetrade.com/

The "for dummies" book isn't that good. "Getting Started in Stocks" is the best book I found. It has a bunch of information and it is easy to read and understand.

I highly recommend the Morningstar.com classroom section. That's where I learned alot when I got started.

Note: Morningstar is very biased towards value investing style. You probably would want to read additional books on growth investing as well.

There are a few good Dummies books.

If you are a beginner, you may want to consider starting in mutual funds. For good books about them:

- Mutual Funds for Dummies or Investing for Dummies, both by Eric Tyson, are highly recommended.

- My free downloadable book at http://www.invest-for-retirement.com

- The Boglehead's Guide to Investing

If you are interested in individual stocks, here are some good books:

- The Five Rules of Successful Stock Investing, by Pat Dorsey

- A Random Walk Down Wall Street, by Burton Malkiel

- Stock Investing for Dummies, by Paul Mladjenovic is pretty good, but not as good as the two books above

You should read http://fool.com . It is called the Motley Fool and it is written towards beginners and explains the stock market and strategies to make money. Good luck in your endeavors!

Read books, and try not to pay attention to the message boards. Paper trade as much as u can, the experience is the best tool to develope...

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