How to Play The Stock Market Smart

When investing your money you want to be smart. Investing in the stock market is no different. Here are some ways to help you play the stock market smart.

Difficulty: Moderately Challenging
Instructions

1
Use sharebuilder.com
If not sharebuilder, use another secure online stock exchange. But make sure it is a reputable web site and that they are not just trying to get your information. Using an online stock exchange can be much easier and convenient then going to a stock broker. You can buy and sell when you want.
2
Research your stock.
Don't just listen to what others tell you. If someone knows stocks well, listen to them, but then also look into it yourself. That way you will feel more secure in your decision. You don't want just anyone making your financial decisions for you.
3
Don't over invest.
While investing for your future is a great idea, you don't want to spend money you need. For example, don't invest your rent money in a stock hoping to make some extra cash. Because if it does not turn out the way you want, you may be looking for a new place to live.
4
Learn the terminology.
When investing you need to know what certain words mean. There are many places you can go to online to understand words like a "bull" or "bear" market. These are very basic terms, if you do not know what this means you should definitely learn more about stocks before investing.
5
Know when to buy and sell.
Make sure you know when to cut your losses. You don't want to keep investing in something that is not giving you a payoff. So be sure to make the right decision in the stock you choose.

Tips & Warnings

Be careful when playing the stock market.