Stock Market For Dummies/ Stock Market Basics

Some conventional wisdom you’ll often hear from financial planners and investment counselors is: You don’t get rich quickly — you get rich slowly, over time. So why are so many people turning to day trading as a way to get rich quickly? Is day trading really a way to turn a few dollars into a small fortune?

If done properly and with the right Mentor like Apextrading then YES Day Trading Is Way To Turn A Few Dollars Into A Small Fortune.

Day traders are some of the quickest-thinking and fastest-acting traders in the world.

let’s be clear about what day trading isn’t. It’s not investing, which is the process of buying a stake in an asset that will hopefully build a profit over the long term. How long is subjective, but investors generally hold assets for years, even decades. And they’re usually concerned with the businesses they invest in. They look for companies that make solid profits, pay off debts in a timely manner, have a strong pipeline of products and avoid litigation.

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As a new entrant into the stock market you will keep hearing about the terms NYSE, AMEX and NASDAQ and more of the international ones nowadays like HangSeng or the LSE or even the Luxembourg stock exchange.

These are stock exchanges where the exchange of stocks takes place between the buyers and the sellers. In effect these are the actual stock markets but the term stock market is used in a broader term to signify the overall stock holdings, indices, exchanges and everything else related to stocks.

New York Stock Exchange started in 1792 and is located at the epitome of the US financial icon street called the Wall Street. It is undoubtedly one of the largest exchanges in the country. All the companies aspire to be listed here so there shares can be traded on this exchange but before a company can be listed here they have to complete certain set of criteria in terms of financial strength as well as the industry they operate in.

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