Trading On The Stock Market For Rookies

Trading On The Stock Market For Rookies

Here's a guide for those looking to get into trading.

Have you wanted to get into the stock market, but don't know where to begin? Are you an amateur trader like me that has very little capital to invest? If you said yes to either of these questions, congrats we are in the same boat of untapped potential! I will try to share my mistakes, tricks, and tips as I am a year or two into equity trading. This article will focus only on trading shares of a company; not options, futures, bonds, mutual funds, etc. Those investment strategies are much more complex and beginner traders should not worry about these just yet. The reason why people invest their money in the stock market is because your money is doing absolutely nothing in the bank. It is merely just sitting there and making maybe five cents per year. Also, the bank takes it upon themselves to invest your money anyway and reap the benefits of the returns they make on your money. So logically, why not just invest the money yourself and reap the benefits. That being said, there is plenty of risk involved with investing, and I would recommend still keeping a good amount of money saved up.

First of all, it is important to understand what the stock market actually is. The stock market is simply a place where people buy and sell equity (or shares) of a particular company. Based upon many different factors, the price of this equity can increase or decrease. You can buy and sell stock with a brokerage firm. These companies include TDAmeritrade, Scottrade, E-Trade, Fidelity Investments, and many more. They all have websites, which you can sign up for and deposit money into. These companies will charge a 6-10 dollar commission fee every time you initiate a transaction. However, the Robinhood app is a wonderful platform for those looking to get their feet in the water because they do not charge a commission fee and they only allow you to trade stock. The primary goal of trading is to sell your shares of a particular company at a higher price than you buy them for. Some companies also pay out dividends, but the return from dividends is miniscule compared to actually buying and selling. Below are some answers and tips that I believe may be helpful for amateur traders.

1. Know What You're Getting Into

Do not make the mistake I made and just jump into the stock market for the sake of doing so. Wait for the right time to get in. You need to make sure the money you are investing is not vital to your survival. This means that the capital you are investing should mostly be discretionary (aka it is not the end of the world if you lose it). Have a plan. What price do you want to buy it at? What price to want to sell it at? Put a time period on your investment. Don't just wing it

2. Do Your Homework

You are not going to be successful by picking an arbitrary company and investing in them. Do your research. Look at the companies 10-K's and make sure they are in good standing. Look at their charts for particular patterns. You need to read and understand what the company does and how it is managed. Look up the company's EPS, volume, P/E, Market Cap, 52-Week Range, and many other indicators. If you don't know what these mean, that is okay. Look up what they mean and connect the dots. Do these numbers as well as the company's internal status reflect well on the company? Just like anything in life, it is vital that you put in the work to get the results that you want.

3. Watch/Read/Listen To The News

News about a company, whether good or bad, can have huge implications on the price per share of a company. I am not saying you have to read the Wall Street Journal daily, just don't be oblivious.

4. Trade Value

As Warren Buffet puts in "Price is what you pay; value is what you get. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." Everybody loves a great deal. So, if you think a company is strong and you see it's price going down, maybe it is a good time to buy. As logical as it seems, people tend to fret when they see companies in the red. Sometimes rightfully so, but at other times it can be seen as opportunity.

5. Be Decisive and Don't Be Greedy

Cut your losses at around 10% and take your earnings at around 20%. Don't be greedy and try to hold onto to your investment in order to make even more money than you already made. On the flip side, admit defeat and sell your shares when your company is losing a good deal of money. Don't let your emotions get in the way and don't get attached to a particular company.

Also, remember what is most important to you such as family, friends, health, and happiness.

Happy trading!

Stay warm.

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50 Quotes from the Best Vines

If you're picturing the vines in your head, you're doing it right

In 2017 we had to say goodbye to one of the best websites to ever roam the internet: Vine. In case you have been living under a rock since 2013, Vine was -(sad face)- a website and app that took the internet and the app store by storm in Winter 2013. It contained 6-second videos that were mostly comedy- but there were other genres including music, sports, cool tricks and different trends. Vine stars would get together and plan out a vine and film it till they got it right.

It was owned by Twitter and it was shut down because of so many reasons; the viners were leaving and making money from Youtube, there was simply no money in it and Twitter wanted us to suffer.

There's been a ton of threads on Twitter of everyone's favorite vines so I thought I'd jump in and share some of my favorites. So without further ado, here are some quotes of vines that most vine fanatics would know.

1. "AHH...Stahhp. I coulda dropped mah croissant"

2. "Nate how are those chicken strips?" "F%#K YA CHICKEN STRIPS.....F%#K ya chicken strips!"

3. "Road work ahead? Uh Yea, I sure hope it does"

4. "Happy Crimus...." "It's crismun..." "Merry crisis" "Merry chrysler"

5. "...Hi Welcome to Chili's"

6. "HoW dO yOu kNoW wHaT's gOoD fOr mE?" "THAT'S MY OPINIONNN!!!.."

7."Welcome to Bible Study. We're all children of Jesus... Kumbaya my looordd"

8. Hi my name's Trey, I have a basketball game tomorrow. Well I'm a point guard, I got shoe game..."

9. "It's a avocadooo...thanks"

10. "Yo how much money do you have?" "69 cents" "AYE you know what that means?" "I don't have enough money for chicken nuggets"

11. "Hurricane Katrina? More like Hurricane Tortilla."

12. "Hey Tara you want some?" "This b*%th empty. YEET!"

13. "Get to Del Taco. They got a new thing called Freesha-- Free-- Freeshavaca do"

14. "Mothertrucker dude that hurt like a buttcheek on a stick"

15. "Two brooss chillin in a hot tub 5 feet apart cuz they're not gay"

16. "Jared can you read number 23 for the class?" "No I cannot.... What up I'm Jared, I'm 19 and I never f#@%in learned how to read."

17. "Not to be racist or anything but Asian people SSUUGHHH"

18. 18. "I wanna be a cowboy baby... I wanna be a cowboy baby"

19. "Hey, I'm lesbian" "I thought you were American"

20. "I spilled lipstick in your Valentino bag" "you spilled- whaghwhha- lipstick in my Valentino White bag?"

21. "What's better than this? Guys bein dudes"

22. "How'd you get these bumps? ya got eggzma?" "I got what?" "You got eggzma?"

23. "WHAT ARE THOSEEEEE?" "THEY are my crocs!"

24. "Can I get a waffle? Can I please get a waffle?"

25. "HAPPY BIRTHDAY RAVEN!" "I can't sweem"

26. "Say Coloradoo" "I'M A GIRAFFE!!"

27. "How much did you pay for that taco?" Aight yo you know this boys got his free tacoo"

28. *Birds chirping* "Tweekle Tweekle"

29. "Girl, you're thicker than a bowl of oatmeal"

30. "I brought you Frankincense" "Thank you" "I brought you Myrrh" "Thank you" "Mur-dur" ""

31. "Sleep? I don't know about's summertime" "You ain't go to bed?" "Oh she caught me"

32. "All I wanna tell you is school's not important... Be whatever you wanna be. If you wanna be a dog...RUFF. You know?"33. "Oh I like ya accent where you from?" "I'm Liberian" "Oh, my bad *whispering* I like your accent..."

34. "Next Please" "Hello" "Sir, this is a mug shot" "A mug shot? I don't even drink coffee"

35. "Hey did you happen to go to class last week?" "I have never missed a class"

36. "Go ahead and introduce yourselves" "My name is Michael with a B and I've been afraid of insects my entire-" "Stop, stop, stop. Where?" "Hmm?" "Where's the B?" "There's a bee?"

37. "There's only one thing worse than a rapist...Boom" "A child" "No"

38. "Later mom. What's up me and my boys are going to see Uncle Kracker...GIVE ME MY HAT BACK JORDAN! DO YOU WANNA SEE UNCLE KRACKER OR NO?

39. "Dad look, it's the good kush." This is the dollar store, how good can it be?"

40. "Zach stop...Zach stop...You're gonna get in trouble. Zach"

41. "CHRIS! Is that a weed? "No this is a crayon-" I'm calling the police" *puts 911 into microwave* "911 what's your emergency"

42. "WHY? WHY? WHY? WHY? WHY? "

43. *Blowing vape on table* * cameraman blows it away* "ADAM"

44. "Would you like the spider in your hand?" "Yea" "Say please" "Please" *puts spider in hand* *screams*

45. "Oh hi, thanks for checking in I'm still a piece of garrbaagge"

46. *girl blows vape* "...WoW"

47. *running* "...Daddy?" "Do I look like-?"

48. *Pours water onto girl's face" "Hello?"

49. "Wait oh yes wait a minute Mr. Postman" "HaaaAHH"

50. "...And they were roommates" "Mah God they were roommates"

I could literally go on forever because I just reference vines on a daily basis. Rest in peace Vine

Cover Image Credit: Vine

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Poetry On Odyssey: 'Surround'

Inspired by Surround Yourself, an exhibition by Jordan Wilshaw at Eastern Michigan University in April of 2018.

Sound yourself with the doers.

Surround yourself with the movers,

the shakers,

the believers,

the winner,

the crazies.

Surround yourself with the the dreamers.

Surround yourself with the “good ones”.

Surround yourself with the people who just get it — whatever “it” is.

Surround yourself with people you love.
Surround yourself with those who love you.
Surround yourself with love.

Surround yourself with art.


For more art by Wilshaw, see their website here.

Cover Image Credit: Author's Photo

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