How do you get started playing the stock market?

and this is really dumb, but why doesn't everyone own stock in oil?

In the beginning â€œnewbieâ€ traders and investors DO NOT INVEST THE FIRST cent or dollar. No amount of money.

In the beginning you LEARN HOW:
A] the stock market works.

B] to invest in many, many various ways.

C] to properly trade

D] many other concepts and aspects.

Beginning or novice ['newbies"] investors and traders ALWAYS make mistakes. In fact, throughout a person's avocation or hobby to do trading, he/she will make mistakes.

In the very beginning, you READ AND LEARN about the market and how it works:
Read "Investing for Dummies"
As you are reading and doing research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before.

You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to Investopediaâ€™s dictionary.

http://investopedia.com is a free site. Itâ€™s recognized by Y! A as a "Featured Knowledge Partner".

It probably wonâ€™t be long when youâ€™ll feel youâ€™re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. It also has a free, paper trading platform. You can set up a virtual account and almost trade as though you were trading with real money.

http://finance.yahoo.com is also recognized by Y! A as a "Featured Knowledge Partner"
END E-MAIL #1
The thought processes are:
1] to have more successful trades than failing trades.
2] to minimize the losses of those losing trades.
3] "To live to trade another day." Having enough money in the trading account to return to the market.

ALL this is accomplished by a few true expressions used on Wall Street:
Some trading expressions come to mind:
A] "On Wall Street there aren't any gifts."
No one gives anyone else anything - not even stock tips.

B] BUlls [BUyers] earn money.
BEars [SEllers] earn money.
Pigs get fat.
Hogs [Greedy Traders] get slaughtered. They lose the money in their trading accounts.

C] "Trees don't grow to Heaven. Neither do stocks or any other investments."
In other words: What goes up, MUST come down!

D] "Plan your trade. THEN trade your plan!"
Have a trading plan with rules for that plan for each strategy.

I want everyone to know I DO NOT own any portion of this manâ€™s estate, nor am I associated with him or any one else connected with him in any way. I am not part of the publishing company or an agent or anything else. This man does not know me from Adam AND I donâ€™t know him. I know of him and the wonderful book he wrote. THIS IS NOT SPAM.
You should buy a copy of this book:
â€œThe Richest Man in Babylonâ€ by George S. Classon. You can get the book on http://amazon.com
Its very easy to read. Its very easy to follow. You can write in it. You can make notes in it. All you have to do is to read five [5] pages - Letâ€™s count
1 - 2 - 3 - 4 - 5 pages of this book - or any book - each and every day.
OR You can leave it sit on the shelf, on a table or on the floor and let it collect dust.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

First you want to do research on stock terms and meanings.

Second you want to know how much you can afford to lose as in starting capital cash on hand IE 5K US Dollars.

Third find a reputable broker that will charge low fees per stock trade.

Fourth always exercise caution when buying stock and assume the worst..

Good luck ,, Knowledge is power, but in stocks common sense goes a long way.

The only sane people that dable in stocks are those that can afford to lose the money.
Don't waste your time. If you want to do some saving do it in the bank and buy a block of land or house as soon as you can within your price range.

Dealing in stocks is the same as gambling. The house usually wins and not the players.

It's not as simple as owning stock in oil. You have to own stock in an oil company. You also have to buy the stock at a time when the price is low so that as the price of the stock increases, you'll sell it at a higher price than you bought it and make a profit.

Buying stock requires money and a fair amount of research if you want to be any good at it. Any of the well recognized online stock trading websites are a good way to get started doing this kind of research.

You can get started through websites like scottrade.com or zecco.com or ameritrade.com. Some require minimum amounts like scottrade requires you start with 500 dollars but zecco.com can be opened with 1 dollar.

Oil stock is not a good stock. First it is high and cant be afforded by everyone. It is at 64 dollars a share.With the economy falling and oil becoming harder to find oil stock is falling.

If you want to get into stock you need to remember that longterm is how to make money and that all stock will gain over a ten year period if it doesn't go bankrupt.

You probably don't have enough time to do your own research on stocks so I would suggest subscribing to a magazine that publishes a monthly issue with stock suggestions and details. I subscribe to the rulebreakers from www.fool.com.

Day trading is risky and profitable but any expert will tell you that you need $20k to make any noticable profit.

try http://www.goldenbullstocks.com

First you get allthe money that you never plan on seeing again and give to Shwab then they will invest it. But remember stocks are a gamble, you don't always get what you thought you paid for

Go to an investment broker.

Get some shares in a company.
And stock in oil is become really expensive nowadays since its running out, not every1 can afford it...

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