Can any one tell me how to start trading work and what is the minimum amount I can invest to run that trading business, Please suggest, thanks.
You want to trade stock online? There are many sites for that if that is what you are wondering. I'm not sure what the minimums are but I know people that started off with $500 US
To trade stock online you need to open an account with a brokerage firm and have at least $500 in it.
Since you into stock trading,its depend on how you trade. If you trade penny stock,then a few thousand is enough. While if you trade blue chip stock,you'll need at least $20k.
depends on which country your from. In the US you would need about 500-1000 dollars in your account to start a new account. (Depends on the broker, some brokers could accept lower sums check scottrade.com etc.). Every time you trade your broker would charge a commission (could be a fixed sum $5-10 or could be a percentage of the transaction value). To open a new account you need to fill up the forms required by a broker and would probably need to give details about SSID etc (check sites of brokers for details). If you are not in the US you need to find brokers from your country. And register with them. Trading in stocks of another country usually isn't easy and I don't think its worth the hassle if your investing small sums (less that a million dollars maybe).
Stock trading is Easy , u just need prefect time to enter and exit. no minimum capital is required . u can even buy 1 share.
Before you even attempt to start trading you have to gain knowledge of the subject and it can take time to gain that experiance to trade,regarding how much you require to trade various but you have to understand that the money that you trade with often called the 'pot' in the trade is a totally differant from the amount you place on each trade and i will expand on that one if you say have an amount of $1000 that does not mean you invest all of that amount on either one specific trade or infact all at the same time as that would be totally crazy. If you want to stay in the game you have to only invest a specific amount on each trade i usually work on the basis of 5-10% of your total investment amount on each trade and then only upto a maximum of 40% of your investment amount at any one time and then the added safety net of adding a stoploss to each of those trades.This may seem way over the top in alot of peoples eyes but trust me in the real world trades go against you and we all think we are invincible but we are not and when the trade does go against you you will be saved by the stoploss and you will live to fight another day. I 1st started trading back in 1989 trading what i call penny stocks on the UK market these trades had to be phoned into the dealers and the commision was rather large i then went onto realtime access in late 1999 and currently have been with CMC based out of london for about 6 years using there Marketmaking platform and currently trading cable and ukx and sometimes spx The bright lights and razzamatazz that they show you with all people who trade driving around in Ferraris is total rubbish as it aint like that in the real world as the amount of people who still trade after 6 months is very very small. Good luckl
The minimum is usually $500. However, your profits are going to be tiny on such a small investment even if you get in on something great. If you get lucky and it goes up 10%, you are walking away with $40 profit max (and that's assuming cheap $5 trades). You need to have enough money so that your positions are not only diverse, but high enough to give you a decent return.
Day trading capability helps a lot. However, it requires min $25,000. Besides the margin account that you can have with $100,000+ buying power, having the capability of buying and selling for penny profits X # of shares could add up to be a good chunk of money by the end of the day. My not-so-greedy friend trades daily until noon only. He buys penny stocks that is quite volatile but with some experience you can really take advantage and make good money. Eg. $5.00 stock; $25,000 account (buying without margin) = 5000 shares Buy at $5.00 and sell at $5.01 $0.01 * 5000 = $50 Do this 10 to 20 times before you go to lunch. It can get really exciting.