Trading Stocks From Home - The Most Important Tips

Even if the coronavirus infected the stock markets at the beginning of the year, it became clear a little later that every crash is just the...

Even if the coronavirus infected the stock markets at the beginning of the year, it became clear a little later that every crash is just the time before a new high flight. That is also the reason why more and more people are interested in trading stocks. Ultimately, the classic savings products, i.e. the savings book, overnight or fixed deposit, have become absolutely useless. So you need an alternative (s) if you want to invest your money profitably.

The zero interest rate policy, which the European Central Bank - or the ECB for short - will probably not change in the near future, is even causing savings to shrink over time. Because if you take inflation into account and if it is higher than the interest rates offered, there will be a real loss of money in the end.

If, on the other hand, you invest in stock corporations, you take a certain risk, but at least you have the opportunity to build up a fortune. With a savings account, this is impossible - at least at this point in time.

Consider test and experience reports

In the beginning, there is the question of where to open your depot. There are some online brokers who specifically target private investors with their advertisements - and even differentiate here whether you prefer beginners with a limited budget or mainly experienced investors who also bring the corresponding money. It doesn't matter whether you are a beginner or already have some experience - it has never been easier for a small investor to start trading stocks.

The only problem here is the abundance of offers. After all, which broker should you trust? It is important that you deal with different services such as fees in order to be able to find the right provider for you.

Pay attention to the custody account fees and other costs

The fees are often a problem. Because if you let yourself be inspired by the services, but do not pay attention to how expensive the broker is, you will experience a nasty surprise - especially if you only have a limited budget or the markets are not developing as desired. Because the fees naturally gnaw at the profits.

That means, if you are interested in stock trading, you should make sure to find a broker who does without high custody costs.

Don't just invest in a single public company

At some point, the question arises as to which stocks to invest in. Are there safe stocks? No. No matter how promising one or the other forecast may be, there is no guarantee that the price will develop in the same way.

However, there are a few pointers so that you can then assess for yourself how the course could develop: What do the quarterly reports look like, what is pointed out in the annual report, have there already been successful projects and what future visions does the company have?

It is also advisable to invest in several public companies that are in different industries. If one or the other joint-stock company does not develop as desired, this has negative effects on the portfolio - however, the minus can be turned into a plus through the profits of the other joint-stock companies in the portfolio.

Keep Calm

If you stick to a few tips and tricks, you can very well make an attractive profit. It is important that you invest long-term and not lose your nerve immediately if things don't go as planned. The corona crisis has shown that there can be serious crashes, but stock markets recover - and are often stronger than before.

Once it goes down, you should definitely not sell. Here it is even advisable to continue investing - this is the only way to buy cheaply and fill your depot. Because if it is foreseeable that the descent will end soon or that there will be a high flight again soon, a correspondingly attractive profit can be booked here.



iTechScroll: Trading Stocks From Home - The Most Important Tips
Trading Stocks From Home - The Most Important Tips
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content