How to make a quick profit in the stock market?

Rather than start with real money, I would create a free portfolio online and test your ideas.

Google Finance is one place to do that.
http://www.google.com/finance/portfolio

@jaytkay I have weseed account already made it awhile ago I keep up with that. Thanks though give it a look. :)

If you want to make quick profit you would have to day-trade on very volatile stocks. Stocks under $5 with huge trading volumes. In order to day trade with any brokerage, you need a minimum of $25,000 by law. If you want to swing trade which means getting in on a stock on one day and then selling it on the next you would still need a decent amount of money to invest. Do the math, I’m with choicetrade online brokerage, it’s $5 per transaction, that means buying a stock is $5 and selling is $5. If you only have $100 how many shares of a stock can you possibly buy? Furthermore, you would need those penny stocks to jump up 100% to make something decent. It can be done with such volatile stocks but you are sooner going to bankroll then make something. You also need to pay for level two trading software to even stand a chance on such stocks. Just a eye opener for you, 90% of day-traders fail. They all have the same mentality to make a quick buck but realize it is a lot more complex that it seems and end up losing everything, and go for a new career, hence the 25k law for their protection. I suggest you open an account with a online brokerage firm called tos (www.thinkorswim.com) They offer you to paper-trade for free, which means, you get $200,000 of fake money and their free trading software to experiment on trading. The software doesn’t offer level II service but it’s good enough to get a feel for it. If you want to learn about the stockmarket look into http://www.greekshares.com/educate.php or www.investopedia.com for starters, and if you want books, then look for books that deal with technical and fundamental analysis.

@johnnydohey Yea, that is what I told him the fees alone make $100 not even worth it.

Perhaps I should have him read this, haha so he will understand.

Removing luck or insider information from the equation.

You don’t.

Take huge risks. The only way to make quick profits in the stock market is to gamble, just as you would in a casino. You might get lucky, but most likely not.

I am an investor in the market and I trade through TD AMERITRADE. First, I would suggest that you save up enough money to open a serious position ($1000 minimum), I think it costs $500 to fund your account the first time anyway. Along the way read and learn everything you can about investing and trading including fundamental (the macro-economic potential for growth of the company) and technical (the chart and graph indicators of the stock) analysis. If there is a way to “make a quick profit”, it’s in speculating. Learn portfolio management and don’t be afraid to speculate with at least 20% of your portfolio. By speculating, I mean trading micro-cap stocks (I like that better than “penny stocks”). Also, learn the tax implications, the capital gains tax is rising from 15% to 20% in 2011. Commissions and taxes dip into your profits but don’t let that influence your investment goals and objectives. By the way, my favorite company and my favorite stock, and they are different, is Apple, Inc. NASDAQ: AAPL…not a speculative stock! Lol!

Your thinking is correct. Your brother is trying to push you into fantasy territory.
He is entertaining himself thinking you might make him only 20 dollars, while not noticing that he can end up with only 20 dollars total.

It is possible to make fast money in the stock market but it involves heavy doses of study and discipline to come up with, and stick to, ‘a system’, then luck on top of that.