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Are you a student who is fascinated by the electronic exchange of currency that happens every single minute? If so, I am sure you are also fascinated by the amount of money you could make, and lose, by trading stock. As a recent graduate who has been unable to find a job, I have been surviving because of my earlier interests in the stock market. In my college days, I dabbled enough with stocks to learn two things: its potential profit, and its danger. As complex as the stock market may seem, the overall concept is the to maximize the profit and minimize the danger of loss (just like a business). The easiest way to learn about how to trade stock as a college student is to jump feet first into it. That is what I did Here are the steps I recommend to other college students who would like to have some extra income from stock trading: 1. Invest with real money. This is one key step that I think lead to my success. If you can afford it, do it. Of course, most people who are unfamiliar with stocks are most likely going to fail, but think of it this way, the $500 (which is also the minimum needed to open a Scottrade account) you invest with now could lead to thousands of dollars later on. That was my mindset, and now, what I have learned is helping me to survive. 2. Invest with fake money. I also tried this and failed just because it wasn't my own money. However, there are many programs that offer a free simulated, real time stock trading game where you start out with a million dollars and can choose where to invest that in. 3. Blog about your picks. My best move (after forcing myself to give up $500) was to blog about my stock picks. I would follow the market, the industry, and the companies that I though were good picks. But this helped to build my stock trading foundation because it allowed me to write down what I learned and measure my progress through my mistakes and successes. 4. Research, research, research. I cannot say how important this is. As a student, I was so focused on the importance of research that I would miss classes to find stock picks and blog about them. Of course, investing real money made the process a necessity if i wanted to ever see that $500 again! College students, high school students, at home parents, and whoever wants to learn how to beat the stock market: losing $500 and an hour or two each day is worth the agony if it gives you the power to make money later on. Opening my first account, my first stock market blog post, and actually doing the research turned water into wine. As someone who had no background with stocks, these simple steps helped me learn, and beat, the stock market.
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==== ==== Please check out Trading Pro Edge System for great tips on Stock Trading for Profit. www.tradingproedgesystem.com ==== ====