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09-30-2012, 08:08 PM | #26 |
Sneakers O'Toole
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09-30-2012, 11:13 PM | #27 |
waffler
Join Date: Feb 2010
Posts: 10,917
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Last time I gave stawking a try I quickly found at that teh ladies don't find it too flattering and usually call teh police. About teh only experience I have.
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09-30-2012, 11:53 PM | #28 |
Join Date: Feb 2009
Location: Hoenn
Posts: 85,082
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Pinche mike hiding in bushes and shit
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10-01-2012, 12:57 AM | #29 |
Senior Member
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buddy of mine was a day trader. was making good coin and then blew up, lost pretty much all of it. He sells windows and doors now. After that I said FTS, burry mah moniez in a coffee can in the back yard now. haz a little stash in my matress too
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10-01-2012, 12:59 AM | #30 |
Garage Status
Join Date: Feb 2009
Location: Far Right In A West Coast State
Age: 36
Posts: 9,194
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at which should i be worried about loosing my money? e.g. which point should i move around my stocks to help recover losses?
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CAM king of wafflers foo is deep guarantee expert opinion hoar |
10-01-2012, 05:51 AM | #31 | |
Sneakers O'Toole
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The first step in starting to trade stocks is to educate yourself. The learning curve is tremendous when you first start out. When I started out I read every book, watched every video, read every article, and talked to every person I could. Basically I did everything I could to speed up the learning process.
When you first start out you wont know what the fuck you're doing and that's how its supposed to be. Trading financial markets is one of the most difficult things in the world to do so you're not going to get everything from day one. What should you read/study? Market Wizards - If you read this you probably wont understand half of it until you get a little more experienced. http://www.amazon.com/dp/1592802974?...hp%3Ft%3D18564 While you're reading that book it helps if you look up the terms that you don't know on this website: http://www.investopedia.com/ Google anything that has to do with the stock market. After a few months of just studying you should have started to come up with methods of trading. It may take you a few tries to come up with a profitable method of trading. You should run your method by an experienced trader and see if he thinks it could work. As far as using as little as $2K goes, when you're starting out you only want to be using a small amount of money so $2K is great for a beginner. When you feel like you're getting the hang of it you can start to use what's called a "margin" account. A margin account basically gives you more money to trade with than you actually have. If you have $2K in your account with a 2:1 margin account you'll have $4K to trade with. Quote:
Gotta be honest here, i'm a little confused by your question. Could you rephrase it? |
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10-01-2012, 06:35 AM | #32 |
Join Date: Feb 2009
Location: Hoenn
Posts: 85,082
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Cam, when haz $5 in account, be worried imo
Sent from my Galaxy Nexus
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10-01-2012, 11:28 AM | #33 |
Bovinus Administratus
Join Date: Feb 2009
Location: Greener pastures
Posts: 32,377
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10-03-2012, 03:52 AM | #34 | ||
C-E-Z★ bitch
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Quote:
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10-03-2012, 03:56 AM | #35 |
Sneakers O'Toole
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yep
open an account with any online broker when you're ready to fund your account just transfer money from your bank account to your broker account. |
10-03-2012, 04:02 AM | #36 | |
C-E-Z★ bitch
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best one to use?
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10-03-2012, 04:05 AM | #37 |
Sneakers O'Toole
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mb trading...they let you have a real account and a demo account. It helps to use a demo account just to teach yourself how to place an order.
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10-03-2012, 04:06 AM | #38 | |
C-E-Z★ bitch
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ive been under the preconception that to do stock trading you always have to be checking out your shit. true?
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10-03-2012, 04:27 AM | #39 |
Sneakers O'Toole
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depends what kind of trader you would be
if you were a day trader (in an out of a stock within the same day) you would have to be at your computer for the duration of the trade. if you were a position/swing trader (in and out of a stock in a few days) you could buy your stock at some point during the day and check it periodically throughout the day or not at all if you had trigger orders in place to buy or sell once a certain price was hit. there's nothing wrong with being at your computer all day if you are a professional trader. people act as if its absurd to do that. If you're doing it right and making better money than at a traditional 9 to 5 then stop complaining. sitting down is the simplest thing you can do to make a dollar and some people don't even want to do that. Last edited by BillyJeanKing; 10-03-2012 at 03:07 PM. |
10-03-2012, 04:32 AM | #40 | |
C-E-Z★ bitch
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awesome info kourke, but wait
what about average joses like me, who go to school and haz other jerb? would swing trading be good for me? ill try and use me gov taxis and use that to start off
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10-03-2012, 04:33 AM | #41 |
Sneakers O'Toole
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yeah swing trading would be your best bet
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10-03-2012, 04:44 AM | #42 | |
C-E-Z★ bitch
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ewok style swangin?
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10-03-2012, 04:47 AM | #43 |
Join Date: Feb 2009
Location: Hoenn
Posts: 85,082
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ewok prob be good swing trader, has swinger experience
edit: autoupdate fail pero for same thoughts
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10-03-2012, 11:23 AM | #44 | |
Bovinus Administratus
Join Date: Feb 2009
Location: Greener pastures
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Quote:
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10-03-2012, 01:21 PM | #45 |
Resident Drunkard
Join Date: Dec 2009
Location: Fredericksburg, Va.
Age: 40
Posts: 526
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Did someone say swinger? That reminds me... I need to share my swinger story with you guys one day. It was pretty epic.
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10-03-2012, 01:48 PM | #46 |
Join Date: Feb 2009
Location: Hoenn
Posts: 85,082
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Pls hijack ewoks thread kthx
Sent from my Galaxy Nexus
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10-03-2012, 10:22 PM | #47 |
Resident Drunkard
Join Date: Dec 2009
Location: Fredericksburg, Va.
Age: 40
Posts: 526
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Noted. Continue financial advice....
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10-04-2012, 02:57 PM | #48 | |
C-E-Z★ bitch
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when would i be seeing le monies off my stawx?
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10-04-2012, 03:04 PM | #49 |
Sneakers O'Toole
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As soon as you realize trading stocks is a skill that takes time to learn. I hear people say things like that all the time. Its always "how much?". People are stupid
If you want to be successful at trading put all the thoughts of "how much?" in the back of your mind. Michael Jordan didn't pick up a basketball for the first time, dribble it a few times, then ask his coach "can I go play in the NBA now?" Last edited by BillyJeanKing; 10-04-2012 at 03:14 PM. |
10-04-2012, 03:11 PM | #50 |
Join Date: Feb 2009
Location: Hoenn
Posts: 85,082
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forgive cez, arson and murders came natural to him, didn't need practice, so he's a bit spoiled
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