1、 How to read the stock market for beginners?
1. Stock trading software: Currently, the four commonly used software on the market are Tongdaxin, Dazhihui, Dongfang Wealth, and Tonghuashun. You can download the basic versions of various software online, but if you need to analyze the disk more carefully, it is best to have Level 2 tools as assistance, as more data will be provided.
2. Yin Yang Line: This is the display of the daily opening and closing prices of stocks, presented on the market in the form of Yin Yang lines.
3. Time of use trend: Real time display of stock trading information on a graph using a curve. The horizontal axis represents the opening time, the upper half of the vertical axis represents the stock price or index, and the lower half displays the trading volume.
4. Moving average: Lines of different colors displayed on the market, usually default to white, yellow, pink, and green as concentrated colors, respectively referring to the average prices of 5, 10, 20, and 60 days.
5. Trading volume: refers to the specific number of transactions during a certain period, with high trading volume and rising prices of stocks showing a positive trend. If the trading volume remains low, it usually occurs during a bear market or stock consolidation stage, which leads to inactive trading.
The market information contains a wide range of information, which is both an entry-level foundation and an upgrade skill. As an essential tool for stock trading, it is also necessary to master proficiently information such as internal and external market, commission to volume ratio, and turnover rate in the market language.
2、 What are the tips for getting started with stock trading?
Firstly, master the basic terminology and nouns
Learn to read stock market trends and understand the meanings of common terms such as volume ratio and commission ratio. Novice investors can learn more investment techniques commonly used in the stock market.
Secondly, understand the basic information and trading rules of securities firms
Understand the basic information of stock trading rules, stock codes, ex rights and ex dividends, earnings per share, regular reports published by listed companies, and viewing company announcements formulated by securities firms.
Thirdly, arrange time reasonably
The fluctuation of stock market is influenced by policy and industry fundamentals, and this information changes every day. Analyzing this data is a continuous task, so it is necessary to arrange time and energy reasonably to do this.
Fourth, make reasonable arrangements based on one's own funds
Novice stock traders should recognize the risks of the stock market and be cautious when entering the market. Therefore, fund allocation is very important, and all funds should not be invested in stocks, or even have the idea of borrowing money or selling houses to speculate in stocks.
Fifth, maintain a positive investment mindset
The frequency of stock market fluctuations is fast, and it may rise to the peak or fall to the bottom. New investors should learn to control their emotions and not be disturbed by the behavior of those around them. A good investment mentality is the key to successful investment.
In summary, we know that stock trading has a long way to go and there are also many things to learn. It is crucial to always maintain an open-minded learning attitude and have a positive mindset. Additionally, it is important to remind investors to be cautious during the investment process.