Stock Trading
05-15-2007, 09:01 AM
#2
New Hire
Joined APC: Mar 2007
Posts: 1
I would just start picking up some investing books and get to reading. Learn about the different styles of trading (of which day trading is one), find one that you are comfortable with and go with it. Just make sure you really understand the risks before investing.
Pick up some books by Joel Greenblatt, I think he wrote 2. I personally haven't read them yet, but I hear they are quite good.
Go to www.investopedia.com. Register for the stock simulator. If you don't have any previous investing experience, or just want to try your hand at a different approach (like options), it is a great place to learn. Free of charge.
Good luck.
Pick up some books by Joel Greenblatt, I think he wrote 2. I personally haven't read them yet, but I hear they are quite good.
Go to www.investopedia.com. Register for the stock simulator. If you don't have any previous investing experience, or just want to try your hand at a different approach (like options), it is a great place to learn. Free of charge.
Good luck.
05-16-2007, 12:49 PM
#4
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Penny stocks are very risky and rarely pay off. If you want to find a way to have leverage without putting down a ton of cash then learn about investing in options. Still risky, so be sure you understand what you are getting into. The investopedia website is great and has tutorials on all different types of investing to learn about. Good luck!
05-16-2007, 04:21 PM
#5
Guest
Posts: n/a
Make sure to understand all the fees and implications of stock ownership as well. I've seen some folks think they are making money, only to lose it oll in trying to buy and sell numerous stock to the fees. 
As others have said, investopedia is probably the best bet as a start.
Of course, there is no substitute for good luck!
As others have said, investopedia is probably the best bet as a start.Of course, there is no substitute for good luck!
05-17-2007, 06:25 AM
#7
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by TU144
Thnx guys. I wonder if there is any actual classes one can sign up for.
And pick a specific industry that interests you. Focus on that and read lots of articles to learn as much as you can while you play around on invesopedia.
05-18-2007, 01:38 AM
#8
Gets Weekends Off
Joined APC: Jan 2007
Posts: 610
Forget stocks, look into a managed forex account! I use Striker and have had excellent results.
http://www.strikerfx.com/forex_syste...agedforexfunds
http://www.strikerfx.com/forex_syste...agedforexfunds
07-02-2007, 06:58 PM
#9
Super Moderator
Joined APC: Jul 2006
Posts: 5,549
Check this out, it even has a game section for investors.
http://vse.marketwatch.com/Game/Homepage.aspx
http://vse.marketwatch.com/Game/Homepage.aspx
07-06-2007, 09:58 AM
#10
Gets Weekends Off
Joined APC: Aug 2006
Posts: 111
I don't trust stocks either. My grandpa lost $70,000 in stocks. Some of those people will have you believing you're earning money when you're actually losing it...they are smooth...you really need to know what you're doing...
as far as investment goes, you could try this: http://www.hsbcusa.com/
my uncle invested in these accounts and makes a decent amount. It's not like a certificate of deposit b/c you can withdraw from it within about 3 days if you need and it's fairly high-yielding...
as far as investment goes, you could try this: http://www.hsbcusa.com/
my uncle invested in these accounts and makes a decent amount. It's not like a certificate of deposit b/c you can withdraw from it within about 3 days if you need and it's fairly high-yielding...
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