How to Start in Stock Market with Zero Knowledge

HOW TO START IN STOCK MARKET?





Is it possible to invest without good income cash flow? No.

1.) Build emergency funds first equivalent to 3 months income.
2.) Check your cash flow if it's good or breakeven.
3.) Find another way to maximize your earnings by investing a portion of your income to Pag-ibig MP2 (Php500/monthly). Up to 7% ROI tax-free!
4.) Access yourself if you are a short-term trader or long-term investor (or both). Can you take volatility? "Lose some, gain more".
5.) Get your earnings from Pag-ibig MP2 and invest it to stock market. Keep capital from Pag-ibig MP2.
6.) But, if you're cash flow is good, invest in stock market as soon as possible.

You must learn the basic of reading the dashboard of your chosen online broker's platform, memorize how to cash-in funds to them, buy low, exiting from bad picked stocks by making a cut loss (a small portion of loss than losing it all), how to read O/L/H/C and candlesticks, know the volume of a trade (to know how active and attractive is the stock can be), charting (with simple indicators like Moving Average, Bollinger Bands, RSI), fundamental analyzation, being ready for your entry target everytime before market opens.

List down all blue-chips in PSEI (Philippine Stock Exchange Index), pick atleast 5 best according to you. Check the company's dividends, 52-week low, 52-week high, recent price and minimum # of shares in the Board Lot. Learn how to budget. Ex. BDO is currently @100.00 x 10 shares = P1,000.00 + fees & tax to derive for the average price PER SHARE. *Use Bullero app calculator, compute under Multiple Buys. *Use https://bit.ly/investaprime to check all stock infos in one user-friendly platform.

Don't rely on forecasts and opinion of others. Don't get into your emotion when trading, see it to yourself that you are decisive and accountable to your action.

For reliable trading, I personally recommend COL Financial, Inc. through online account creation.

There is no shortcut. Kudos for those who are willing to learn! 👍👍👍


Stock Market References:

The Beginning of My Stock Trading Journey - The Wandering Trader

Top 6 Reasons Why Stock Market is A Must Investment During Lockdown Quarantine ECQ (Covid-19 Coronavirus Pandemic Outbreak)

8 Reasons Why You Should Not Invest in Stock Market

Top 30 PSEI List to Consider Buying


Comments

Popular posts from this blog

How to Cash and Out via Coins.ph — Digital Wallet and Payment

How to Create Paymaya Account — Digital Wallet and Payment