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Your question reveals the fact that you are a complete newbie with very weak basic, fundamental knowledge in the stock markets and is about to do something you might regret for a very long time.

Frankly, if you are asking people for favourite stocks, then I think it is time you take a step back and improve on your financial literacy and investment education before you attempt to invest in anything. Listening to free, off the street advice is an expressway to disaster. Read more good books and articles on investments to expand your vision and horizon before you decide to go deeper into the subject. For some of the best investment books that I have ever read, please visit http://www.bestoptiontradingbooks.com.

Investing or trading the stock markets never start from asking how to buy a certain stock ... it starts from adequate investment and trading knowledge. There are quite a number of things you need to learn before you can even start thinking of the stock markets ...

1. You need to understand how the stock market works and what it is exactly about.

2. You need to know what are the different styles of trading in stocks and shares.

3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.

For all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm

After you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://www.worden.com )

All in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets.

If you care to read about how I went from completely broke to retired millionaire trading stocks and options by 28 years old, you can go to http://www.mastersoequity.com/

Remember, the slogan "Just Do It", Just won't do for the stock markets. If profiting in the stock markets is as simple as buying a single stock , then why are so many people still poor?

After you have all the above mentioned knowledge, you need to ask the following golden questions before you can decide whether a stock is worth buying or not :

1. Why are you of the opinion that this stock will rise?

2. Is your opinion valid in the first place?

3. When are you expecting it to rise? Can you hold on for that period of time or longer?

4. What is your expected entry price? After what price would your expected profit margin be too thin to enter upon?

5. Where is your expected stop loss point? What is your stop loss point based on? Where will you tell yourself that it is time to take a loss and get out?

6. Where is your expected profit taking point? What is your profit taking point based on?

7. Does the way you are buying the stock allow you to hold on until your expected profit taking point?

8. How much of your money should you dedicate to this one trade?

9. What is the level of primary, secondary and idiosyncratic risk you are undertaking when deciding how much of your fund to use?

10. What is your cashflow need? Does your cashflow needs allow you to hold the full lifetime of the stock?

After you are able to answer all these questions confidently, THEN you are ready to... PAPER TRADE your stock strategy. Yes, even at this point, you are NOT READY to trade for real. You should trade on PAPER for at least 6 months and become consistently successful BEFORE you take your stock strategy into real life.

Then.. you are ready to start... but there is still no guarantee of success as paper trading is very different from real trading. You will need another maybe 1 year or 2 trading very little money and be consistently successful BEFORE you are ready to increase your stakes.


So, as you can see, success in the stock markets is not easy at all the the less knowledge you have, the more risk you undertake. I lost hundreds of thousands in the stock markets before I become successful.

Take heed and good luck.




http://www.mastersoequity.com





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2006-11-17 14:23:06 · answer #1 · answered by Anonymous · 0 0

What stocks have gone up today ARE NOT good stocks to invest in.

What stocks will go up in the future ARE good stocks to invest in, so, you can sell at a higher price than you purchased.

In stock dealing do not look at the past but you must be able to read into the future. The past only helps you to understand the unpredictive nature of share dealings.

2006-11-17 20:51:22 · answer #2 · answered by the.buster 3 · 1 0

If you want to determine which ones up the most, type in "top gainers" in the search engine. However, this will not tell you what stocks to invest in necessarily. The best thing to do is to learn a bunch about stock/trading in general and form a whole plan before you invest, as it is a bit more complicated than that.

If you need more help than was answered by these answers, here's a book on trading for beginners:
http://www.best-stock-trading-systems.com/trading_for_beginners_review.html

2006-11-18 03:07:06 · answer #3 · answered by Anonymous · 0 0

Wake up with Coffey.
FFALX
Compare with other stocks charts in regards to safety and profitablilty. FFALX beats them all.

2006-11-17 21:17:27 · answer #4 · answered by Anonymous · 0 0

lol - don't buy what's already gone up... you're looking for what will be going up -

what went up today is usually what goes down tomorrow...

otherwise, you'd be smart to stay away from homebuilders and home improvements (HD, Lowes, etc.) for right now - I'd be looking at pharms and maybe financial stocks...

2006-11-17 20:55:18 · answer #5 · answered by forex 3 · 0 0

See my answer to anna above

2006-11-17 21:10:54 · answer #6 · answered by waggy_33 6 · 0 0

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