What are Stocks?
A stock is a fraction of ownership of a company. Companies can issue stocks in a bid to share in their success, or even source capital for funding their projects.
In essence, a stock is a collection of many shares.
The terms stocks and shares may be used interchangeably to refer to a fraction of ownership of a company.
That said, you can invest in stocks of certain companies to own fractions of the companies proportional to the number of stocks you buy.
In this case, you are entitled to the company’s profits in the form of dividends in a direct proportion to how many stocks of the company you hold.
Later into your investment, you can decide to sell your shares or transfer their ownership in the stock exchange market.
This will be made easy by the buying and selling of stocks at specific prices – always determined by demand and supply in the stocks market.
If so many people want to own stocks of a certain company, then demand will be high and thus the price will rise.
Conversely, if so many people want to sell stocks of a certain company, then supply will be high and thus a decrease in the price.
What does all that imply?
It implies that stock traders can make so much money with the knowledge of when to buy; when to sell and for what prices.
That is, buying stocks at a lower price and selling them at higher prices to make profits.
Investing in Stocks with the Olymp Trade Mobile App.
Now that you know what stock trading is and how you can make money with it?
How about I introduce you to the best platform for stocks trading?
Did you know that you can trade stocks anywhere, anytime – at the comfort of your sofa using a mobile app? That must sound interesting, right? And as interesting as it sounds, it is true and possible with the Olymp Trade Mobile App.
How to Get Started with Stocks Trading.
Prices of stocks of various companies are listed in the stock exchange market so that buyers and sellers know whether they are rising or falling.
Several factors play a key role in the prediction of stock prices.
Should stock prices fall, buyers will swing into action to buy such stocks at the current low prices so they can sell at incoming higher prices.
Establishing an impending fall in prices will mean, sellers, swinging into action to sell at the current high prices before they lose money by selling at low prices after the prices have gone low.
The Olymp Trade Mobile App will enable you to: –
- Access the stock exchange market.
- Access a wide range of companies to buy and sell stocks with.
- See the current market stock prices.
- An opportunity to carry out analysis to predict a fall or rise in stock prices.
If you choose to carry out a fundamental analysis that involves trading the News, the Olymp Trade Mobile App is there to allow you to execute your Buy or Sell positions at instant market price with so much ease.
Interestingly, you can trade stocks on both the Olymp Trade Fixed time trading platform and the Forex Platform. Then the Olymp Trade allows you to do so.
The Following companies have their stocks available on the Olymp Trade Mobile App for Fixed Time Trading (FTT);
The Following companies have their stocks available on the Olymp Trade Mobile App for Forex Basis Trading.
- Procter & Gamble (P&G).
- Goldman Sachs.
- Johnson & Johnson.
- Morgan Stanley.
- JPMorgan Chase.
- 3M Company.
- Exxon Mobil.
Invest in Stocks with the Olymp Trade Mobile App in the following easy steps;
- Register on Olymp Trade.
- Download the Olymp Trade Mobile App.
- Login to the Olymp Trade Mobile App.
- Deposit money into your Olymp Trade Trading Account.
- Choose Stocks to Trade.
- Trade the Chosen Stocks.
1. Olymp Trade Registration.
You cannot transact any business with Olymp Trade unless you are a registered trader.
Register here to start trading.
You will only need to provide your email address, set your password, select a convenient currency, and then agree that you are of legal age. You will then be required to verify your email address and that’s all.
2. Olymp Trade Mobile App Download.
3. Olymp Trade Mobile App Login.
Enter your Email address and the password you set during registration, solve simple captchas, and there – you are logged in.
4. Olymp Trade Money Deposit.
Hit the Deposit button and deposit money into your trading account. The minimum deposit is $10 while the minimum trade size is only $1.
5. Choosing Stocks to Trade.
To trade stocks, you need to choose the stock to trade. Choose the company whose stocks you want to trade in the following steps;
- Log in to the Olymp Trade Mobile App.
- Hit the Assets Button.
- Choose whether to trade Fixed Time or Forex.
- Select Stocks from the available buttons.
- Choose the company whose stocks you want to invest in.
6. Trading Stocks.
Fixed Time Trading – Carry out your analysis, whether technical or fundamental, establish the direction the price is likely to be in the duration you choose, say 12 hours.
Choose Up or Down according to your prediction and wait for the expiration of the duration you choose.
If your prediction is correct, you will earn the specified percentage of your invested amount plus your invested amount.
Forex Basis Trading – Carry out your analysis, whether technical or fundamental, establish the direction the price is likely to move next.
If for example, your analysis hints a price rise, then take an Up Trade setting your Take Profit higher and Stop Loss lower than the entry at reasonable levels considering a good risk to reward ratio.
If your analysis point to a price fall, then take a Down Trade setting your Take Profit lower and Stop Loss higher than the entry at reasonable levels considering a good risk to reward ratio.
This is the logic behind both Fixed Time and Forex Trading;
- You will be buying when the price is low, anticipating a price rise so that you can sell at later higher prices. Buying is taking an Up trade.
- You will be selling when the price is high making profits and anticipating a price fall so you can buy again at lower prices, to sell when prices rise. Selling is taking a Down trade.
With this knowledge, you can start investing in stocks of big companies and profit from price differentials.