If one is a hardcore player in stocks, he would probably be extremely well versed in reading the stock ticker. When it comes to trading stocks, it is very important that one master reading this very useful device because it is through this thing that he will be getting information that will decide whether he will buy or not.
Now there are many ways to find these tickers as they appear almost everywhere for the sake of the investors. One may find these tickers on the news channel, the internet, or even in the newspaper. Of course if one stands outside the stock exchange or even goes inside, he will see a group of tickers everywhere he goes.
Now when trying to understand or read this handy device, it is best to know of the parts first. The first part that would show up would usually be the company name which would usually be shortened into three letters. If one does not know which abbreviations represent the company, then he may find them out in the internet or in the papers.
Another part that the tickers would show would be the class of the stock. Now just to give an idea of how this works, there are two classes of stocks namely the class A type of stocks and the class B type of stocks. The difference between the two is simply that the owners of the class A ones have more and better voting rights than the ones who own the class B ones.
The most important part of the ticker would be none other than the price range of the stocks. Tickers will typically be showing the highs and lows all of the companies along with the starting prices of the day. After that, every time the stock market closes, the tickers will also be showing what the closing prices are.
Now when it comes to the prices, there usually are symbols and colors that one must take note of. If the price of a certain company has gone up, then the text is usually in green and there is an upward arrow beside the company name. If the price has gone down, the font color is usually red and there is a downward arrow beside the company name instead.
The last thing that the tickers will be flashing would be the final number of shares that were sold for the day. Beside the last number of shares that were sold would be the prices in which they were sold at. An example of that would be that at the end of the day, the company has sold thirty thousand shares at an individual price of thirty dollars per share.
So if one would want to go into trading stocks, then he would need to make friends with the stock ticker. He must know how this device works in and out because he will be looking at it almost all the time. It is from this device that he will be getting valuable information.
Now there are many ways to find these tickers as they appear almost everywhere for the sake of the investors. One may find these tickers on the news channel, the internet, or even in the newspaper. Of course if one stands outside the stock exchange or even goes inside, he will see a group of tickers everywhere he goes.
Now when trying to understand or read this handy device, it is best to know of the parts first. The first part that would show up would usually be the company name which would usually be shortened into three letters. If one does not know which abbreviations represent the company, then he may find them out in the internet or in the papers.
Another part that the tickers would show would be the class of the stock. Now just to give an idea of how this works, there are two classes of stocks namely the class A type of stocks and the class B type of stocks. The difference between the two is simply that the owners of the class A ones have more and better voting rights than the ones who own the class B ones.
The most important part of the ticker would be none other than the price range of the stocks. Tickers will typically be showing the highs and lows all of the companies along with the starting prices of the day. After that, every time the stock market closes, the tickers will also be showing what the closing prices are.
Now when it comes to the prices, there usually are symbols and colors that one must take note of. If the price of a certain company has gone up, then the text is usually in green and there is an upward arrow beside the company name. If the price has gone down, the font color is usually red and there is a downward arrow beside the company name instead.
The last thing that the tickers will be flashing would be the final number of shares that were sold for the day. Beside the last number of shares that were sold would be the prices in which they were sold at. An example of that would be that at the end of the day, the company has sold thirty thousand shares at an individual price of thirty dollars per share.
So if one would want to go into trading stocks, then he would need to make friends with the stock ticker. He must know how this device works in and out because he will be looking at it almost all the time. It is from this device that he will be getting valuable information.
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