Welcome to SMC!
There are nearly infinate methods used to make money in the market. It's going to take a lot of reading and work on your part to decide which methods are best for you.
My personal favorite in the "bottom play". I like to look for stocks in good companies that have really tanked. Investors tend to "over-sell" stocks on bad news. This over-selling creates a fantastic opportunity to buy stock shares at a significant discount. Since so many people play the market like I do, bottom-feeders move in when they think the lowest stock price has hit. All the bottom-feeding moves the stock price up, usually quite rapidly, and then we sell for a nice profit.
Another nice thing, on occassion the sell-off was completely unjustified or perhaps an institional sell-off. In that case, the stock will often return to or surpass the price before the sell-off resulting in HUGE gains.
My general advice to you as a newbie:
Look for stocks that are DOWN and not stocks that are UP. It's a common mistake. Most often, stocks that are up significantly have already "run their course". The newbies buy up shares at the top, the pros sell their shares, the share price drops and the newbies are left "holding the bag". You never want to be left holding the bag, one of many terms we use on this site, because that means you lost money and your shares are worth much less than you paid.
Learn some technical analysis (TA). Greencat's video on TA is worth every cent. If you don't want to buy something like that, then study and read. Also learn to do fundamental analysis (FA), i.e. news, company finanacials, rumor and speculation. A well rounded trader understands TA and FA and will use BOTH to decide which stocks to buy.
There's so much....I could and should write a book. But there's so many books already out there, I have better things to do with my time. LOL
READ! Ask questions and READ more!
Good Luck
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