That was a few years ago. I had no idea what stock trading was. The only thing I knew was that my parents owned a few shares of Barclays Bank that they had bought when they were younger. All I knew was that you bought stocks when younger and sold them when you got older.Stocks or shares rtading what these companies use to raise funds for their operations. Every company needs funds or capital for their normal operations.
But in reality, with dismal returns on offer from banks and building societies, investing in shares provides an opportunity to achieve greater returns. The basicsIn the UK, the main stock market is the London Stock Exchange, where public limited bdginners and other financial instruments such as government bonds and derivatives can be bought and sold.The stock market is split into different indices - the most famous in the UK being the FTSE 100, comprised of the largest 100 companies.
With your bank details and a debit card, you can start trading almost immediately with just a few hundred pounds. Getting a piece of the stock market action can be tempting for novice investors.