Stock news comes in different form and it is almost omnipresent. You can update stock news from television, ticker tapes in front of financial buildings, newspaper in form of stock tables and internet. The most important one to take into account while intending to become a successful investor is to learn how to read the stock market tables as it is quite necessary for an individual to get the precise information.
Tips to Read the Stock Market Tables
While reading news paper you come across tables full of numbers, arrows and letters which is nothing but stock table which shows you the overall performance of a company on that day as well help you in comparative analysis by giving you the historical data of that company. Stock table varies from paper to paper but in general it have some basic information which are summarized as follows.
52 Week High - It shows that since 52 weeks the price for a particular stock is high. By this you can be able to analyse the trends and performance of the particular stock is well revealed through it.
52 Week Low - It shows that since 52 weeks the price for a particular stock is low. By this you can be able to analyse the trends and performance of the particular stock is well revealed through it.
Name / Symbol - Name and symbol are put up in one column. Every body know very well that name mean name of the company and symbol indicate stock symbol with three letters which is an identification of the company in stock market. Stock symbol should be known to the investors as it would be of help in predicting the performance of stock over time and while finding stock quotes through internet.
Dividend - The company pay to the share holder what profit it gets in form of dividend on annual basis.
Volume - In a single day number of shares traded constitute a volume.
Yield - Dividend divided by stock price constitute yield. Depending on the price of stock the yield of a particular stock vary on that day.
P/E Ratio - If P/E ratio is low then you can invest in that stock. It is actually the stock price divided by the company earnings per share.
Day Last - Day last is the today's stock price.
Net Change - Net change is the difference between the current stock price and stock price of the day before which are usually reported in form of percentage.
Day trading penny stock yields you a profit. Of course day trading penny stock is of highly risk so while investing one must be cautious of what stock you are about to pick. But the probability of earning revenue are made possible if you follow the tips properly. The one thing which is essential to be known is that basically penny stocks are issued by the companies facing bankruptcy or newly emerged companies. As a beginners to this trade one's mind will be in haste or hassle to take decision in such case you can seek the advice of experts who may be of help which is the one needed for a beginners who are in the middle of the sea.
The great advantage here is that you need not invest a lot of amount in it, as it is a risky one. If you feel very hard to find the stock you can drop it. Don't be deceived by email advertising penny stock. Sometimes it may mislead you. There are lot of websites you can gather all the details required for penny stock in just a few minutes by typing the appropriate key word. You can update the current details through it.
The first and foremost thing you need to do regarding this is do a thorough research through net about the company and owners and analyse precisely the following
Whether they are serious in business dealings
How about the net profit in past
What about the current earnings
Is there possibility to raise their price of stock in market
In addition to it to update the current details of the stock reading business newspaper is highly recommendable. Find out whether the company you are about to invest has a market for their products. Another way to get details is joining the forum where you can discuss with people about the company and you can get feed back also which will be very helpful for you to take the right decision. In addition you can use software which provides you the historic chart and make your work more easier. Remember well that more information you gather more safer you will be. Never fail to update the news and find the correct time to sell the stock.
It is really a surprising one that traders can avail penny stock brokers at low rate and get the guidance from brokers when they are bewildered about picking up the right stock. Brokerage firms are there with brick and mortar retail office where you can get the brokers and purchasing as well as selling of penny stock are practiced. Traders are facilitated with the lot of option, the matter lies in how they choose the broker. Depending on one's personal criteria of what all you need in brokerage firm you should choose the brokers who fits you. As a beginner to trade you might hassle in such case if you have guidance from brokers that would be an additional support to you. Even some some big guys in trade seek the guidance of brokers.
While commencing a trade, if you have a chance for making a call and talking about the issues and problem regarding that field would be really a nice thing to our mind for relieving from stress. In addition having some one who are well versed at our side is a great thing. Before making commitment with the broker be sure that you have read all the documents correctly and enquire it whether it is an authorized one. If you stumble for something that you can't agree with it just go for another broker. The meaning of a good broker can be said in simple words as difference between profit and being in the red. In addition on-line brokers known as bare minimum penny stock brokers are available at low price if you prefer it you can go for it. If you feel better with brokerage firm with multiple office around you can proceed with them. Its your choice to go on with the right one that opts you.
To get the upper hand in trade one should be cautious of picking up the right stock. If one choose the winning stock then the probability of getting success is more. Market fluctuation occurs every day. So it is essential as a trader to keep eye on the status of the market before deciding to pick up the stock. Here are few tips to pick up the stock which is in favour of you.
Pay Attention to Market
You must update the status of market daily. But for working people it doesn't work, in such a case you can use forex broker to assist you. In addition to it you must have a keen observation on the overall result of the company you are more likely to invest. It will be quite difficult difficult to remember every thing so it is better to have a chart plotting its stock trend. By analysing the current performance of company you can go ahead whether to get stock from the particular company or not.
If you are not bothered about money you can put it blindly on any company with hope of luck. If you are concerned about money then careful investigation is must to get the upper hand in trade. Three things should be taken in to account before proceeding to invest amount in a company.
1. History and background of a Company
Check out the details of the company very carefully. Analyse about company's quality and integrity. Make a queries to yourself whether the quality of the company are good,and service they do are satisfactory. If you find that company works out well then invest in it. If you find discontented with that company it is safe for you to stay away from that company and try out other which you find satisfactory.
2. The Performance on the Stock Market in Recent Month
It is essential to know about the performance of the company in stock market for six months. Spot a trend that goes in upward direction. Some stock will explode overnight so be cautious of those stock.
3. News About Company
It is necessary to update the news of the company daily. Search it through net all the details of that company as market fluctuation occurs daily it is impossible to predict the correct stock. Every day one must update the news as stock may go up or down at any time.
Don't Put All Investment in One Company
Putting all investment in one company is not wise which is just like putting all eggs in one basket. It is wise to make a different kind of investment.This is because if you have loss in that company then your whole amount will be lost. If you make different investment in different company you will be in safer side not loosing all your amount.