The stock market is great place to make money, but you have to know how.

Here's some more great tips to help you make the most out of stock trading.

The way you track a stock is to write down the opening price for the first day(the day you start). Also write down the 52 day high and low.

You should choose more than one stock to track, you don't want to invest all your money in just one place.

You want to choose stocks that are close to there 52 week low, as these usually have higher potential.

Now go back and check the close price for your stocks and write it down.

Each and every day(at least stock days) you will go back and write down the close price, don't worry about the open at this point.

Now that you are tracking some stocks, you need to know how to calculate your gain or loss. You will calculate this by percentage.

To do this take the stock's open price from when you started and subtract the last/latest close price that you have written down, now divide that by the open and you get the percentage gain/loss, but you have to reverse the sign. So if you end up with a negative number it is actually a percentage gain, and if the number is positive it is actually a percentage loss. Take the number you get and move the decimal point over to the right two points.

That is the percentage that you have either gained or lost over the time period that you have tracked your stocks.

Here's an example:

Open=$3.00  Close=$5.00

3.00 - 5.00 = -2.00

-2.00 / 3.00 = -0.6666667

move the decimal and reverse the sign so you get:

+66.7%

Get it?

Here's one more:

Open=$3.00  Close=$2.00

3.00 - 2.00 = 1.00

1.00 / 3.00 = 0.333333

again move the decimal and reverse the sign so you get:

-33.4%

Use this method to track stocks that you are investing in and that you are thinking about investing in.

If you have money invested in stocks already then this method will help you know when you should sell; when you have reached a high/good percentage GAIN!

If you are thinking about investing, choose some stocks and watch them, invest when they have a percentage LOSS and then track them until you GAIN money!

I wish you good luck in your investments.

Keep looking for my new articles on stock trading and investing!