Ok so I want to start trading stocks, I found the website avafx and I am messing around with the demo version at the moment. I just have a few, basic, questions I guess.
So basically, I want to invest small to begin with. It says the minimum investment is 100 euro so lets go with that. So I would like to spread that investment amongst a few different companies, say 4 different stocks, is that possible, to invest that little in a few different stocks?
then say the price of one for which I paid 25 euro for is now available for sale for 30 euro, is it as simple as selling it and taking my 5 euro profit or are there hidden costs. ie how much would I actually get altogether if I buy stock for 25 euro and sell it next day for 30 euro?
And after that I guess I just need to know where to go to trade online and how to predict stock rises/falls.
Cheers!
So basically, I want to invest small to begin with. It says the minimum investment is 100 euro so lets go with that. So I would like to spread that investment amongst a few different companies, say 4 different stocks, is that possible, to invest that little in a few different stocks?
then say the price of one for which I paid 25 euro for is now available for sale for 30 euro, is it as simple as selling it and taking my 5 euro profit or are there hidden costs. ie how much would I actually get altogether if I buy stock for 25 euro and sell it next day for 30 euro?
And after that I guess I just need to know where to go to trade online and how to predict stock rises/falls.
Cheers!