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Stock Trading Advice for Teenagers

October 14th, 2014

I get this question all the time, "I'm 16 years old and I want to get into the stock market. I want to trade stocks, but I don't know where to start..."

If you're a teenager looking to get into the stock market, there are likely two reasons behind your interest.

Make a Living Trading Stocks

You might be interested in making a living from trading stocks full-time.

What does full-time mean? Do you want to trade for 2-3 months out of the year or do you want to be more active in the market?

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With either scenario, you need to understand what's happening in the market and study the material. You can take your money and invest in the market right away, but your best bet is to use your money and invest in your education (especially if you're 16-18 years old)...

I don't mean education in terms of high school, college, or a degree. I mean investing time and money into learning the stock market. Buy the books, buy the videos, and attend seminars and workshops on the stock market.

For these things, you're investing your time, money, and energy into your education of the stock market. I would follow these processes for a few years before you even make a trade. At least don't make any excessive trades until you have more understanding of the stock market.

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My stock market education material is above, but you don't have to purchase my material. Go to the library, get some free material, learn through social interaction, etc. With some education, you can better see what stock market direction you want to go in.

Make Extra Income

You also could be interested in recouping losses from inflation or investing money for your retirement fund. If you're interested in trading stocks on the side, your best bet is to invest your money in a life cycle fund...

A life cycle fund will adjust your risk profile, buy stocks for you, and automatically change over time. For example, if you have 30 years until retirement, your early investments would be very aggressive and become more stable as you near retirement.

It may not be as fun toward the end, but it will be stable – which is what you want as you age and near retirement.

Author: Sasha Evdakov

Sasha is the creator of the Tradersfly and Rise2Learn. He focuses on high-level education speaking at events, writing books, and publishing video courses on business development, internet marketing, finance, and personal growth.

I'm Sasha, an educational entrepreneur and a stock trader. In addition to running my own online businesses, I also enjoy trading stocks and helping the individual investor understand the stock market. Let me share with you some techniques & concepts that I used over the last 10+ years to give you that edge in the market. Learn More

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This website and content is for information purposes only as Rise2Learn, TradersFly, and Sasha Evdakov are NOT registered as a securities broker-dealer nor an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Rise2Learn, TradersFly, and Sasha Evdakov cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Rise2Learn, TradersFly, and Sasha Evdakov in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Rise2Learn, TradersFly, and Sasha Evdakov accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.