How to start
The first thing to do is get educated. It is so easy but it takes motivation and time. Rome wasn't built in a day and the same goes for gaining deep knowledge and understanding on the subject of investing. I have read close to 400 investing books and I find the more you know the less you realise that you know. The first book I read was Rich Dad Poor Dad and the rest is history. The quickest way to gain knowledge is to listen to investment audio books via Amazon's Audible. Useful Tip - Depending on the narrator you can half the time by changing the audio speed.
Open a trading account. There are many out there but we prefer IG.com, Forex.com and II.co.uk. They are simple to use and that's how you want to keep things. Follow the KISS rule - Keep It Simple Stupid.
Before you execute your first trade expect to lose money, if you OK with that continue. Remember to succeed you need to fail, but try to fail small. We had to first walk before we could run. There where many falls (failures) along the way before that happened.
Have fun as that's what is all about. Don't over commit financially and go with your own ideas. Make sure you only get advice from the right people. Never ask your family and friends for investing advice and try not to give any either. You need to trust your own decisions, but also don't be afraid to accept you made a mistake and get out. Be like water, your ideas should be flexible as the variables change so your ideas should change too.
You only as good as your last trade and be mindful that the past doesn't equal the present nor the future, but it sometimes can rhyme. So always stay humble because many losses could be just around the corner.
Information is Key
Top 5 websites which we commonly use:
There are many others like Twitter, forum's for the shares which we currently own and of course feeds for company announcements/updates from the various stock exchanges (example London Stock Exchange) from all around the world.
Top 3 twitter accounts we follow:
We follow many twitter accounts (more so than news sites as its first hand knowledge from trusted sources), but in our view the below accounts are very good at making forecasts and have really good views regarding the markets in general.
Make sure you know the days when important key market data is released like rate decisions etc as this certainly can create huge amounts of volatility in the markets. Think of it as stones being thrown into a pond and the ripples which are created, the news is the stones and the ripples are the volatility. Some stones are bigger than others so careful attention is required to those especially as they can create waves.
Happy investing and good luck!
Please note the above is just a help guide and should not be considered investment advice.