Probably the biggest obstacle facing stock trading beginners is the lack of concise information.  You will see countless different theories, and a seemingly endless string of gurus telling you what the best stocks to buy are.  The information overload that a beginner faces in stock trading is extreme.  The best advice is to start with the basics.  Learn the mechanics of stock trading before you dive in with investing.  Learn how to read a stock chart for yourself.  Learn the basics of fundamental analysis.  There are plenty of free tutorials available to help you start from the beginning.  The best tool you can use is your own demo account.

It is one thing to read an article about when you are supposed to buy a stock to make profits.  It’s a completely different beast when you are actually pulling the trigger.  What kind of order do you use to get the best price.  Do I need to use a trailing stop order to lock in my profits.  Of course a little research will do you a world of good, but nothing can replace trying things out for yourself.  Most of the major brokers offer a demo account at no charge.  This will be your number one tool for familiarizing yourself with the details of stock trading.  Allow yourself some time to get acquainted with your new account, and build a little confidence in the idea that you can learn to trade stocks yourself.

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