Stock trading is the act of buying and selling shares of a company. The stock market operates through exchanges like the Toronto Stock Exchange, and is influenced by various factors including economic indicators, global events, and company performance. Stock prices are driven by supply and demand, with more people interested in buying an investment driving the price up, and less interest pushing the price down. Those who trade stocks for a living spend a lot of time and effort researching and monitoring industry trends, as well as individual companies. They use a variety of analysis methods to make informed decisions and manage risk, from technical (using charts and indicators) to fundamentals (company data), or a hybrid approach.Source :https://theinvestorscentre.com/ca/trading/
How to Trade Stocks in Canada: A Beginner’s Guide
Some people choose to invest in Canadian stocks for a variety of reasons, from growing their wealth to creating an income stream. Regardless of your motivation, the first step is to understand your investment goals. This will help you narrow down your options and focus on companies that align with your financial aspirations.
Next, choose a brokerage that offers Canadian stocks. Most online brokers do not have a minimum deposit, and they offer a variety of tools and resources to support your investment strategy. You can find the best trading platform for you by comparing fees and services. Be sure to verify your identity and upload identification documents to avoid being subjected to fraud and other risks.