[Enronitis]

If I was allowed 4 trades per day that would be fine, but I think it's 4 trades for 5 straight business days.
https://www.tradeking.com/investing/day-trading-rules

Only limitations according to them are making you hold your position overnight, which isn't that big of a deal to be brutally honest.
But it does appear you are correct, I'm not completely up on all the rules for that sort of thing, and I do believe if you have a cash account the $25k limit doesn't apply to you, but I could be wrong.
I'll look a bit further into it and see what's up.

[Puppeteer]

AWESOME guide, Enronitis! I wanted to ask some question but the guide answered :)

[dowjones]

Excellent write up for those starting.

Might I suggest you may want to add one more stock term; the stock middleman. A slang term for an intermediary in a transaction or process chain. A middleman will facilitate interaction between parties, typically for a commission or fee. Some critics say that businesses and customers should try to "cut out the middleman" by dealing directly with each other, avoiding any increased costs or commissions. I think it's a basic term that everyone should know, because anyone who thought about it, it kind of involves getting you to think.

Or just view the link to read about it http://www.investopedia.com/terms/m/middleman.asp

[Enronitis]

Excellent write up for those starting.

Might I suggest you may want to add one more stock term; the stock middleman. A slang term for an intermediary in a transaction or process chain. A middleman will facilitate interaction between parties, typically for a commission or fee. Some critics say that businesses and customers should try to "cut out the middleman" by dealing directly with each other, avoiding any increased costs or commissions. I think it's a basic term that everyone should know, because anyone who thought about it, it kind of involves getting you to think.

Or just view the link to read about it http://www.investopedia.com/terms/m/middleman.asp

Will add

I'd like to mention that anyone interested in further expanding this mega thread is more than welcome, just please send me a PM and we can talk.
I'm very limited on time and updating this isn't too far up on my list at the moment, I apologize.

[Sicarius]

Fucking epic guide, someone like me who has never done stocks & shares is gunna find this very handy!

[Darklord33]

Very good guide you've done. I started investing in stocks in the summer of 2013, played around with them and as I learned more, I determined what type of investor I want to be. I'm now at the same point as I was when I started with the recent correction but I'm not too worried about the short-term future.

My only comment is adding on to what you said about the Pink Sheets. It's true that most of the stocks there are small/microcap (which I would never recommend buying as a lot of scams exist there) but there are some huge, very important foreign companies that only trade in their home market (along with the Pink sheets). (BASF, Bayer, Nestle, Samsung Electronics, etc). I own shares of two Large-cap Eastern Asian companies that trade on the Pink sheets, but the only difference is that you have to call your broker to buy shares. They are very stable, just like General Electric and Wal-Mart on the NYSE.

[Enronitis]

Very good guide you've done. I started investing in stocks in the summer of 2013, played around with them and as I learned more, I determined what type of investor I want to be. I'm now at the same point as I was when I started with the recent correction but I'm not too worried about the short-term future.

My only comment is adding on to what you said about the Pink Sheets. It's true that most of the stocks there are small/microcap (which I would never recommend buying as a lot of scams exist there) but there are some huge, very important foreign companies that only trade in their home market (along with the Pink sheets). (BASF, Bayer, Nestle, Samsung Electronics, etc). I own shares of two Large-cap Eastern Asian companies that trade on the Pink sheets, but the only difference is that you have to call your broker to buy shares. They are very stable, just like General Electric and Wal-Mart on the NYSE.

Totally correct in regards to Pink Sheet;
I shouldn't generalize like I did, but it's easier to say as I did and that most listed are dangerous as opposed to vouch for the few that are completely legitimate and in some cases massive.

[Darklord33]

I understand why you generalized. Perhaps this listing of the 2000 largest companies in the world by Forbes would be good place for all us investors to look at large companies around the world. As long as they can produce credible financial numbers (that are public) and trade on some type of active exchange, then there usually isn't much of an issue in investing in these large companies.

http://www.forbes.com/global2000/list/

[Dedozatuta]

Nice post , good to read, great info thank you

[Circular]

Is it true that you don't have to pay capital gains tax if you make under a certain amount as income (outside of the stock market)? Great guide.

[Enronitis]

Is it true that you don't have to pay capital gains tax if you make under a certain amount as income (outside of the stock market)? Great guide.

Yes this is true, but only if you are in the lower end of the tax brackets as far as I'm aware
I'll have to check up on exactly how much/how little you need to make to qualify but the number in my head is about $40,000; meaning if you make less than that per year in taxable income you can have 0% tax on the gains.
So, this is generally applicable and can be used to the advantage of younger investors whom only have part time jobs or don't make much over a year

[Circular]

Yes this is true, but only if you are in the lower end of the tax brackets as far as I'm aware
I'll have to check up on exactly how much/how little you need to make to qualify but the number in my head is about $40,000; meaning if you make less than that per year in taxable income you can have 0% tax on the gains.
So, this is generally applicable and can be used to the advantage of younger investors whom only have part time jobs or don't make much over a year

Oh, sweet. So I guess I don't have to declare anything on tax forms. Certainly helps. Thanks.

[Doctor Blue]

Great guide so far, Enronitis!
I'm currently just a mere noob, trying to figure out whether or not this is something for me. Right now I'm weighing stocks versus forex. At the moment, I think forex feels really random, and fundamental analysis sounds more sensible to me. I'm probably wrong, just sharing my thoughts.

I have added a couple of the books you recommended to a list on the library's website (Have some other stuff I need to finish reading first) and have been scouring investopedia for a few days now to get a hold of the most basic concepts and terms. I also did as I always do, went ahead and registered a demo account with both stocks and forex brokers. Played around with the tools, although I already know my way around MT4s basic functionality from the times where I have been daytrading USD/BTC in very small amounts just for the fun of it.

After reading stocks basics on Investopedia I found this article very informative, it might be worth adding under the Due Diligence chapter. I'm a dane. I've never heard any english financial terms before and that article really helped me read and understand financial statements.

[Enronitis]

Great guide so far, Enronitis!
I'm currently just a mere noob, trying to figure out whether or not this is something for me. Right now I'm weighing stocks versus forex. At the moment, I think forex feels really random, and fundamental analysis sounds more sensible to me. I'm probably wrong, just sharing my thoughts.

I have added a couple of the books you recommended to a list on the library's website (Have some other stuff I need to finish reading first) and have been scouring investopedia for a few days now to get a hold of the most basic concepts and terms. I also did as I always do, went ahead and registered a demo account with both stocks and forex brokers. Played around with the tools, although I already know my way around MT4s basic functionality from the times where I have been daytrading USD/BTC in very small amounts just for the fun of it.

After reading stocks basics on Investopedia I found this article very informative, it might be worth adding under the Due Diligence chapter. I'm a dane. I've never heard any english financial terms before and that article really helped me read and understand financial statements.

Thank you!
Forex is a lot more technical based than stocks are(almost completely I'd say personally) so it can feel a tad more random, I agree.
The fundamental analysis article you linked IS a fantastic article indeed and I will certainly add it to the OP.
If you need any assistance, or have any questions don't hesitate to ask me mate as I'm always happy to help!
🤝

[dineshdina]

I am newbie it helped a lot and expecting a lot of post from u.

Thanks a lot :)