Im new here

Hey,my name is william, and I am 16 years old that just got into stock trading. Here is my story ,I used a custodian account from etrade(From my father) and about almost a year ago and I shorted a apple stock. Somehow I got extremely lucky and apple stocks dropped to 96 dollars. So I made over 400 dollar profit :D and that how I begin trading stocks . I even used investopedia to learn. So,I am extremely interested in working at Goldman Sachs someday and I really want to know the entire fundamentals in wall street. I am therefore learning and I want to know what deratives,futures,commodities,swap , options,bond .... etc are as well as learning how do these securities make money.How do hedgefunds go on and become sucessful?Why do people use mutual funds and hedge funds for investing?If I am wrong about anything IDK JUST GIVE ME CRASH COURSE OF WALL STREET because all these terms seem complicated -.-

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Best Response

Welcome! Congrats on the return on AAPL ... check out these links: http://www.wallstreetoasis.com/faq/what-is-trading http://www.wallstreetoasis.com/faq/what-are-hedge-funds I'd suggest just doing what I did when I made my account ... read WSO posts. Sit and read and read and read and research stuff people talk about and then read some more. With respect to all of the financial instruments you mentioned above, Investopedia is a great place to start learning about all of those, even though you've already checked them out. Honestly, I'd just google all of those. Believe me, there's no way that won't be enough material to keep you occupied until you're 18 and are looking to land an internship.

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