What are the steps to playing the stock market?

Question

trautlein · Answer

The best advice I have ever been given regarding the stock market is "If you don't know who the sucker is, it's you."

Oh and "Buy low, sell high." These sound super obvious but it's surprising to see how people often become attached to certain stocks.

agentjamesbond007 · Answer

I heard you need to get a stock broker and analyse the stock history for the best benefits.

trautlein · Answer

That's definitely important as well but I would be cautious - unless you have a good amount of capital to put forward at the beginning you will probably end up losing more than you gain.

agentjamesbond007 · Answer

What are some recommendable books to read on this subject?

trautlein · Answer

I've heard great things about "A Random Walk Down Wall Street." http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393340740 Remember, there really is no easy and fast (legal) way to make a lot of money in the stock market. Be very careful!