How to start stock trading business
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Investing in the stock market can be a powerful way to grow your wealth over time. Here's a step-by-step beginner's guide to help you get started: ✅ 1. Understand What the Stock Market Is A marketplace where shares (ownership) of companies are bought and sold. You earn money when the price of the stock goes up or when the company pays dividends. ✅ 2. Set Your Investment Goals Ask yourself: Are you investing for long-term growth (retirement)? Do you want short-term profits? How much can you afford to invest? ✅ 3. Learn Basic Stock Terms Shares: Units of ownership in a company. Dividends: Profits shared with shareholders. Broker: A platform to buy/sell stocks. Portfolio: Your collection of investments. Risk tolerance: Your ability to handle losses. ✅ 4. Choose the Right Investment Account You need a stock trading account. Options include: Online brokerage accounts: e.g. Bamboo, Risevest, Chaka (in Nigeria), or global ones like eToro, Trading 212, and Robinhood. Link your bank ac...