Before you decide to invest in the capital market and trade stocks, the basic thing you must have is the willingness to learn about stocks and identify your investment risk profile type. Learning about stocks is easy especially with the ease of getting current information. Be diligent in reading information from the internet, books, financial magazines, the results of financial institution research or consulting with investment advisers, like the Mago do mercado . Never buy investment products that you don’t understand that will only hurt you.
Here are the things you should pay attention to:
Consultation Before Buying Shares is necessary
Before investing in shares, you must understand how to buy shares on the stock market. How you first open a stock account in your name. Opening of a stock account is carried out to a securities company (brokerage company or stock brokerage company). Technically, opening a stock account is similar to opening a savings account.
Another process, you will be asked to fill in the investor account opening application form by attaching the identity data of your residential address, business or employment data, heir data, and a copy of your savings book account. The sale and purchase of shares are carried out through an intermediary called a securities company. Once you have a stock account, you can start buying the shares you want. Consult when you choose stocks before making a purchase.
Monitor Company Stock Information
Before you buy shares, learn a simple fundamental analysis of the condition of the stock company that you choose. Monitor the news related to the company. The intention of monitoring is to see the situation of the company whether it is developing healthily and gaining profits or vice versa.
Perform Technical Analysis
You need to learn how to do a simple technical analysis of the stocks that you choose. The goal, so that the stock you buy has the best buy and sale prices. Also, you must observe the movement of stock prices by looking at its charts. This will affect the decision of buying or selling transactions, if the stock price of the company that you are targeting is cheap, and you believe the stock has good prospects later, then this is the right time or time to buy it.