I want to invest plz suggest me? |
| i hav 10000rs with me i want to invest some where can i invest plz suggest ... |
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What website would you recommend for a newbie in the stock market? |
| I'm not a frequent trader, and my account balance will more than likely be low initially. Just looking for something that doesn't cost an arm and leg while I'm in the learning process.... |
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I have $15,000 dollars and want to invest, where is best and..? |
| hey guys i got a 15 grand settle ment or around that much and am 18 years old.. I dont wanna blow it on something stupid like most other kids would do. I want to invest as a job maybe and im ... |
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Any stock insiders out there? |
| I have like $1000 That I am willing to throw away willy nilly, I would split profits evenly with any insiders out there...... |
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How low to wait for DOW to drop before I buy? |
I know it's very speculative, but how low should I wait for DOW to drop before I buy some mutual funds?
I'm planning on $10-30,000 on a indexed fund such as Vanguard Index 500.<... |
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Bonds or stocks....What does age have to do with it? |
| We have 100% invested in bonds, I am 29 and my husband is 34. We have had it this way for about 12 years. We received a letter in the mail from our investor Vanguard that basically for age range we ... |
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What is NET? |
| Can anyone tell me what NET stands for?... |
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What should I do with my $? |
| I had almost $6000 in my profit sharing acct. when I quit walmart last year. It is with Merrill Lynch, and I just left it with them. I don't know anything about $ or investing, etc. Should I ... |
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What are some stocks that are doing well? |
| I need to buy a few more stocks for the "game" I have to participate in for my financing class on stocksquest.com. What stocks should I buy?... |
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16 year old looking to save/invest $1000? |
| I have about $1000 to save, and I want to make it grow. I still have a part-time job so the $1000 is just extra money. I would just put it in a savings account, but I want something that would yield ... |
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How to start buying a stock |
| I dont have alot of money but i would like to buy some stock like in Johnson and Johnson how do I go about doing that without putting alot of money down?... |
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wago | How to get a good start in stock market? |
If I would to buy a stock now, what recommend or prerequire for me to know? ( just about the process of trade, not about the stock info.) |
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nate s.
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Day trading is a very tricky venture to embark upon. In order to be even marginally successful you must have the ability to remove emotions from your decision-making. This is truly the key point because day trading IS NOT investing. In fact, it can be argued that day trading is more akin to gambling with respect to the emotional aspects that become involved.
Assuming that you have the necessary equipment to really immerse yourself into to this full time: i.e. trading software, discount brokerage account, CNBC, you must also have acces to enough capital to sustain you and allow you to earn a little bit each day. The funds you use for day trading should be money you can afford to lose. It's that simple. And as with most things in life, it takes money to make money. Starting with anything less than $10,000 is not enough to get you anywhere unless you are a seasoned trading professional.
You should be spending your time getting a feel for the market. Before making that very first trade, spend some time watching the markets, try to indentify stocks that have high trading volume with a decent amount of volatility and with a price point in the $10 to $30 dollar range. Get familiar with 5 to 10 stocks that fit this profile and only trade those. Do not get distracted by other "news-making" stocks of the day because before trading them you should spend time getting to know the trading patterns and by the time you have figured that out, the opportunity will most likely be gone.
You will spend most of your day watching charts and bid/offer spreads. You will see the number of shares at various prices above and below the last trade that will give you a sense of where the trend is likely to go. In order to be successful, you need to follow the money and follow the trends. But most importantly, you need to define a trigger point for when to get out of a trade, hopefully with a profit. Keep in mind that the great traders know when to take their losses as well. That is the hard part.
There are a number of strategies that can be followed that include doing 50 trades a day for small profits or doing 5 trades a day looking for big wins. Whichever strategy is undertaken, the first thing to be done is to write down a list of trading rules for yourself and stick to them. The minute you become emotionally attached to a trade is the minute you start losing money. |
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Mike
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The best thing to do when you are starting out and you are not a big shot investor is to buy companies you KNOW well.... a company that you do business with and that you think is a good company.
Also, you need to diversify and spread your money out.... but you need to have a lot of money to do that... |
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bizzbagg
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always use limit orders |
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zhoumo d
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Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.tutorialforyou.net/investing/
wish it will help you. |
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Barry R
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You might want to first create a "practice" portfolio at http://www.top10traders.com - it's free - each month the site ranks the best performing investors. |
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Enlightened
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First you must have indepth knowledge of trade, how its been done, then check out market leaders in terms of Volume, then carefully analyse technical indicators, if you are able to read technical indicators then you'll have no problem of observing an impact of economic indicators. good luck in your life |
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philo
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I got started by reading The Motley Fool Investment Guide by David and Tom Gardner. Just ignore chapter 10. |
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Frank Castle
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Zecco. |
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