If you can, try to stay away from borrowing money against your stock. If the company you have invested in goes bankrupt, you will still be responsible for paying back the money you borrowed. Your broker will demand for the money and if you cannot pay him or her back, they may sell your stock.
If you want more flexibility when it comes to picking your own stocks then become involved with your broker that has online options as well. This way you can handle half the load and a professional can handle the other half of your stock picks. This will give you professional assistance without giving up total control of your investments.
You should have a clear objective before deciding to invest in stocks. Do you want a quick return or are you focusing on investing for several years. Many times long term stocks are safer since there is time for recovery from a downturn in the market, but they also have a lower return. Practice makes perfect, and means you can start real trading with good habits free of errors. Find any service that offers a free practice platform or account. A simple starting method is setting stop-loss dollar amounts to weed out dropping stocks. This sample portfolio should only leave you the growing winners that are trending upwards. Avoid looking at stock investing as a scheme to make money quickly. To succeed in the market, you should learn about it first. Expect to make some mistakes, but be sure to learn from them. You are going to be disappointed if you are under the assumption that you are going to quickly get rich. Make an effort to remain grounded when making stock investments. If you’re hoping for more than 10% returns each year, you are being very unrealistic. By understanding that the market is a good investment over time, and some years are better than others, you’ll be less likely to panic during a downturn.