Stock Trading Basics
In this article I am going to give you vital lessons on stock trading, but I must warn you though, this is for serious minded people that want to have access to fortunes in the stock’s market. Stock trading is an aspect of stock investment which in my belief has been greatly overlooked, undermined and misunderstood. If you want to get on the train of stock trading, there are some basics you have to grapple with in order for you to perform excellently. There are two markets where investors do business in the capital market, namely primary and secondary market. At the primary market you can easily buy shares across the counter, all you need to do is pick up a form, fill your data into it and pronto you are done, in another word, some level of ignorance of how the system works can be tolerated, but not so with the secondary market, it is highly regulated by the stakeholders of the Capital market which include The Nigerian Stock Exchange, Security and Exchange Commission and Central Security Clearing System Ltd. For starters, you need a stock trading account with the CSCS Ltd to enable you trade at the floor of the exchange; this can be easily facilitated by a currently registered stock broking firm, Trading in the secondary market is done via stock brokers. You are charged commissions for every buy and sell that is done on their behalf.
Tags: Basics, nigerian, Perspective, Stock, Trading