how to make money??

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stock stuff ..no idea @ all..but still wanna learn ..some day have to be millonaire.. here is the quesiton.. 1, let's say i have created brokerage account..minimum accnt balance 500 bucks..so far my understanding is i can use only the money deposited beyond 500 bucks for trade as minimum amount on my account should be 500 buck..m i right? or as usual i m understanding something dfferent.. 2. ok i buy 4 number of stock of apples, each for 500 bucks..total at 2000 (can't buy millons of stocks now.may be in future). where to buy these stocks by the way..online...??? .ok luckicly next day the price for one stock reaches to 600 bucls(competition with google) ok i have 100 bucks profit on each..total is 400 bucks..enough to hang out for some days?? so how i m gonna trade that..online?? does the stock value changes everyday or every hours.. how broker makes profit and what role they play.. ok enough questions..waiting for reliable ans.. thanks in advance

Jyms Bond · Nov 17, 2011 9:46 AM · 12,697 views

12 Replies

 007, It's apparent that your knowledge on Stock Market is pretty daft. I'd stay away from trading stocks at this moment due to volatile nature of the Market. 

footyfan · Nov 17, 2011 11:41 AM

that's not d ans to my question dude... it's always fun to play a game of risk..

Jyms Bond · Nov 17, 2011 2:14 PM

Your thread title says How to make money?  And you want to be a millionare someday..Someday! Not today, not tomorrow, not next year ,not in 10 years...someday...sounds like its not a focus goal... Here is what I want to say...What makes you think Stock market will make you a millionare? There are plenty of other ways, too. IF you work on your job, you'll make a living. But if you Work on yourself, you'll make a Fortune. So you don't have to play a game of risk to be a millionaire...ke cha mero sano nadan bhai..

Sexy In Sari · Nov 17, 2011 6:39 PM

We do not know what you looking for, but we will comment as we feel.  I think you need to find a person who can read your mind please you with the right answer. Good luck on finding an anser you like to hear.   Last edited: 17-Nov-11 07:55 PM

MAGorkhe1 · Nov 17, 2011 7:38 PM

@sari few years ago i used to tell every1.. that i would be in usa someday..they mocked me..i never cared..coz here i m in usa.. late steve jobs who changed the the way of living started from garage of house.. mark started from his university's dorm and so on..lots of millonaires and billonaires.. they have created their history.. how to make money? is the title to get other's view..listen to every1 but make your own decision..so is case of mine..wait n watch..will be millonaire..not a big deal.. one request..never ever say brother..i simply don't like it..

Jyms Bond · Nov 17, 2011 10:52 PM

@magrokel.. i just want to know how stock works??that's it.. beginning leads to the destination.. thanks

Jyms Bond · Nov 17, 2011 10:54 PM

Lets take Scottrade brokerage for example. You will need a minimum balance of $500 to open an account and yes you can use this $500 to buy stocks. Once you open an account, there is no minimum balance that must be maintained. A broker is someone who buys and sells stocks if you tell them to do so and they get a commission everytime you trade. For our example, Scottrade is the broker and every trade that you make is done online. Stock prices can change anytime between 9.30am and 4.00pm EST. New York Stock Exchane opens and closes at these times. Oh by the way, the chances of apple stock going from $500 to $600 overnight is almost zero. Well, that's what I think but you never know. Today, it last traded at $377.

violet7 · Nov 18, 2011 12:46 AM

 Hey 007, I quite like your attitude. If you enjoy the game of risk the share game is there for you man. Wish you all the best. Btw stock works the way violet7 has described above. Once you place your order you have to buy with in seconds coz share prices keep changing.

georgian_satellite · Nov 18, 2011 8:09 AM

@violet n gregore u guys r straight to the point which gave the ans of my question..other just suggested... no risk no gain..motto of business.. well 4 me ..no risk no cool life..so always like to play a game full of risk..no matter it hurts me or the others..

Jyms Bond · Nov 18, 2011 11:21 AM

 I think this is the right time to buy share if you have bucks. Global share market is in doldrum for a week or so because european couldnt clear feces off their pants. Once they know how to change a diaper for their ageing economy am sure market will bounce back. 

georgian_satellite · Nov 18, 2011 11:35 AM

this month is being called month of lay offs . banks are consistently cutting thousands of jobs.so need to re-consider on it..well i like to play a game of risk..that leads to win not to loose.. thanks nyways..

Jyms Bond · Nov 18, 2011 12:26 PM

Buying and selling stock? Weed : makes rich faster than anything else.

MAgorkhe1 · Nov 19, 2011 8:28 AM

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