dredude52
 |
Your term "best" is a subjective one; different for everyone.
Your question is too broad and general. How do I build a house? Well, you learn something first about foundations, or maybe real estate. But it still depends on how fast you want it, how much money you have, how solid you want it, etc. etc.
Invest and trade to your heart's content on a free simulator while you learn, and see how you do.
http://simulator.investopedia.com/home.aspx
http://investopedia.com
http://investedcentral.com
http://jacksteiman.com
http://bettertrades.com
http://futures.tradingcharts.com/learning/
http://winners-and-losers.com/
You need to do the work first, learn a few terms, read a few books, which you will have to do anyway. Go to the library, and browse through the row upon row of the subject. All of these questions will be answered as soon as you take the first step and read a beginners guide to investing.
Try to determine your time horizon. Short-term, long-term?
Take a look at charting and Technical Analysis for following trends in the markets. Why would you own a stock that is in an obvious decline?
Realize right away there are two sides to the market, not just the upside. What goes up, eventually comes down at least part way.
Learn how to analyze risk, and make this your primary approach, not by compounding profits and erroneously analyzing how much money you can make. For example, most traders don't make any money at all; more than 80% blow out.
Learn about money management techniques, and maybe you'll stick around awhile.
Try to find these books:
"Which Is Better, Buy-and-Hold or Market Timing?"
"Do You Have What It Takes to Be a Market Timer
The Beginner's Bible in Technical Analysis is:
Edwards & McGee"Tech. Anal. Of Stock Trends"
Kahn, Michael N.Tech. Anal. Plain & Simple
Kamich, Bruce M.How Technical Analysis Works
Lefevre, EdwinReminiscences of a Stock Operator
O'Neil, William J.How to Make Money in Stocks
Oz, TonyHow to Make Money From Wall Street
Rotella, Robert P.Elements of Successful Trading, The
Schwager, JackStock Market Wizards
They say "Buy and Hold" for the long term is better, but that depends on when you get in, and what your definiton of "long term" is. The phrase "Buy low and sell high" infers that you buy after a decline; but how much of a decline? If you had bought after a 1000 pt decline in the Dow in 2000, you would still be waiting to get back to even, six years later in most stocks. |
DanZ
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Depends on many variables--how much do you have to invest? To what extent are you willing to take risks? You can choose investment opportunities which will guarantee growth, though at a slow rate; or you can choose inventment opportunities that can bring huge returns, OR losses.
You really need to be talking to a professional about this. It's too important to leave to nameless people on web sites like this. |
WoodyBretton
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Women, drugs, travel, and fast cars. You will have memories that no one will ever take away. This is a sure things, for you will never have to worry obout the return of your principal; all other investments are risky. (And with the right kind of drugs, the memories will be simply unreal!) |
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