Michael Becket – How the Stock Market Works

Michael Becket – How the Stock Market Works

Description

People are constantly being affected by the fluctuations in the global economy and by financial uncertainty – with major impacts on their savings, portfolios and pensions. Some might see recessions as the very worst time to invest in the stock market, but many of the world’s most successful investors insist that a market downturn is the very moment when people should be investing.

Fully updated for this fourth edition, How the Stock Market Works tells investors what is being traded and how, who does what and to whom, and how to evaluate both the shares and the proponents’ claims about them. Covering crucial issues such as the practical consequences of being a shareholder, this book provides a wealth of information on the stock market and how to use it one’s advantage.

Review

“[A] fine pick for business and personal finance collections.” –Midwest Book Review

“This book cuts through the institutions’ mystique with basic information for the amateur… covers all the important issues and takes a sceptical swipe at the pretentious jargon employed by the so-called experts.” —Industry

“Updated fourth edition provides information on how the investment industry works and how to invest successfully.” –Journal of Economic Literature

Book Description

A comprehensive introduction to the stock trading process

About the Author

Michael Becket is a much-respected financial journalist who has been London’s The Daily Telegraph‘s small business editor for the past 10 years.

Stock trading course: Learn about Stock trading

A stock trader or equity trader or share trader is a person or company involved in trading equity securities.
Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker.
Such equity trading in large publicly traded companies may be through a stock exchange.
Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets.

Stock traders can trade on their own account, called proprietary trading, or through an agent authorized to buy and sell on the owner’s behalf.
Trading through an agent is usually through a stockbroker. Agents are paid a commission for performing the trade.

Major stock exchanges have market makers who help limit price variation (volatility) by buying and selling a particular company’s shares on their own behalf and also on behalf of other clients.