If you have experience or links to information on stock trading would you mind sharing your tips and beginner info and a good place to get started for the individual investor. I know it's a risky business and you need all the information possible to have some skill before beginning. Thanks for any info!
2006-10-24 17:11:27 · 8 answers · asked by kornsap 2 in Business & Finance ➔ Investing
most people loose money bacause they do not have a strategy and money management rules in place
if u dont have disipline dont even start u will loose all your money
many people do trade and have become very very rich so it can be done
2006-10-27 01:05:49 · answer #1 · answered by ask me how 2 · 1⤊ 0⤋
Most people lose money day trading, even informed ones. It is a little like handicapping horse races, you never know which way it will go. You can use Scottrade or one of the other companies to play in the market but I would recommend that you start small, buy companies that pay a dividend and set a stop limit if a stock falls so you get out without too great of a loss. Good Luck...
2006-10-25 00:27:43 · answer #2 · answered by the_buccaru 5 · 0⤊ 0⤋
This link has some good info on starting out in daytrading.
http://www.elitetrader.com
a lot of the people on this forum know what their talking about
2006-10-25 01:26:02 · answer #3 · answered by Bryan S 2 · 0⤊ 0⤋
Plenty of good advice here.
2006-10-26 07:58:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
www.babypips.com
www.forexbastards.com
2006-10-25 00:42:58 · answer #5 · answered by KSD21 1 · 0⤊ 0⤋