Stocks 101

This is not a lesson about stocks. It just a mere sentiments as a first time investor in the stock market.


I have been reading a lot about stocks for a long time, actually i need it badly because of my growing enthusiasm and my desire to invest and earn money..Huh! feeling confident that i could earn money by joining stock market..They say that it likes gamble, a game of chance to win. But experts on stocks dissent on this idea. Knowledge on the economy and flow of the current economic situation all over world needed to garner full understanding in the movement of stocks.

Economic crunch are now worldwide, USA and some countries in Europe are in great woes.Lots of factors are to be considered and that may affects stock prices.

Since im a beginner on this, so im still in the point that I am totally naive on the basic principles. Hoping that I gradually learn on this and I know that I have a long way to go.

Last week, I sent my application to CitisecOnline. This is an online trading company.

https://www.citiseconline.com/final2/b_home_new/home.asp


Since Im from the province and cant personally apply, so they just require to send any proof of billing as a proof of my residency. Its all free, no payment, all you have to do is fund your account after their approval of your membership.They asked payment if you trade, which means you buy and sell stocks. If you have more questions about Online trading just visit their site.(link already provided)

On my first day of trading i placed my order to buy BPI and LCB(Lepanto). Since its my first time so i opted to buy the cheapest price of stock that I based in the Bid Price. I was waiting till evening in checking the status of my stocks..but the remarks said "POSTED" supposed to be it should be executed. Nothing has been changed, so I read again on the FAQ of Citiseconline regarding the status of the ordered stocks. And i realized, that the price that i indicated has no match. The sellers' prices are higher than my price. My sister laughed at me, she said that my price is too low that no seller is willing to sell their stocks.
So sabi ko sige lang eh di order again.!!

So nakakanerbiyos on the second day, here you will see the movement of stocks and the same way if your stocks are gaining or losing. So far, 3 out of 4 are gaining and the other one ended in a negative. But the total gain is quite favorable and this urge me to save more to buy more stocks.

So, what are you waiting for, invest now!!