/biz/ - Business & Finance

>>29391691

Basically stocks is betting (predicting) that something will go up or down.

> BUY = Stock will go up
> SELL = Stock will go down

Buying/Selling a stock is known as opening a position, ending the trade is called closing the position, the objective is to open a position and correctly predict whether the stock will go up, or down, and then closing the position at a profit.

Doing really quick trades (over the course of minutes) for small amounts of profits is called 'Scalping' and can be very risky if you dont know about the company, doing trades over the course of a day is known as day trading, and having trades that go on for months or even years is called 'position trading', heres some minor bits of advice to help.

> Due diligence
Due diligence (DD) is basically the act of you doing research before choosing to buy or sell a stock, you can Google a company, use analytical data (boring) or just ask about a company here and be lied to by shills.

> Call options/Put options
These are long term trades where you essentially bet that a company will go up by a certain amount by a certain date, it's high risk high reward, Put options is the same but betting it'll go down

Theres lots more but that's the basics of the basics