I have posted since the creation of the site a number of articles dealing with stock market strategy but no detailed tutorial explaining how to start the stock market from scratch, I must believe that I like to do things in disorder.

The question “Where to start?” I was very often asked by the new readers of the site (and also by some regular visitors who decided to take action), I decided to write a detailed guide that will allow you to get started on a good basis.

A good start on the stock market goes through several steps that we will detail here point by point:

1. Choosing the right broker (and avoid the No.1 performance killer on the Stock exchange: Fees)
2. Knowing how to place a stock order (and know the different types of orders)
3. Diversifying the amounts to be invested (always diversify your investments)
4. Choosing a suitable stock investing strategy (forget Day-trading)
5. Acquiring the knowledge necessary to succeed (do not go blind)
6. Knowing how to manage your emotions (a key factor often underestimated)

Step 1: Choosing the right broker

There are many stock brokers available on the market but not all of them are equal. The factor you need to monitor as a priority for your broker’s choice is the fee.

If only 1 or 2% of the fees collected systematically on your trading transactions will drastically decrease your long-term performance because they insidiously hinder the process of Compound Interest year after year.

A graphic example: Here are $10,000  placed over 20 years at the historical average rate of stock markets (without fees): ...