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Chances are, if you're new at trying something-- everything from tying your shoes to performing surgery. Like everything else you could possibly do, trading stocks take practice. You won't be good right away and that's perfectly acceptable.
That being said, mistakes are to be expected, but the mistakes are with your money. You have to be cautious with how quickly you jump into the stock market ocean; too quickly and you have a high chance to lose a lot of your well-earned money, too quickly and you may lose your chance to buy the perfect stock at the perfect price.
There are tons of variables that go into buying, selling, and trading stocks that many people don't consider when they first enter into the game. Luckily, you were smart enough to download this book before diving in head first.
The first chapter covers the basics that everyone needs to know when they first enter the stock market. The sections are divided up into commonly asked questions to better help you, the reader, find the answers or information you're looking for.
First thing's first...
What are Stocks?
The companies offer up little bits of ownership (called stocks) to anyone who wants to buy them. When someone buys stocks, the company is then allowed to use that money to do with as they please (usually this money goes to products, or property, or other assets the company needs to grow).
Two basic things happen when someone invests in a company and buys stock:
1. The buyer legally owns a small portion of the company
a. Usually, a single stock is worth very, very little of the company's overall ownership.
b. Rather than "owning some of a company," the buyer owns stocks in said company.
2. The company or business gains money from the sale to use to improve their company.
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