I am a newbie to the stock market and just got recruited by a stock broker firm. I wish to learn by trading for my own account so that i gain practical knowledge and to avoid making wrong recommendations but my fellow dealer said i can't open my own personal account cause its apparently 'INSIDER TRADING' . From what i have (I am not trying to be a smart a** here) learnt Insider Trading is acting on 'MATERIAL NON PUBLIC INFORMATION' before it becomes 'PUBLIC' and i wish to know how is staring into price movements and reaching into your own conclusion is acting on Material Non Public Information. Or are the stock recommendations we get on our terminal considered material?, but these are again arrived by analysts performing their own analysis right?.
This restriction is kind of annoying me :annoyed:. I request someone to clarify this and let me know if I have got anything wrong.
This restriction is kind of annoying me :annoyed:. I request someone to clarify this and let me know if I have got anything wrong.