Beginner Investing?

Question

I know absloutely nothing about investing, and don't have much spare cash, but I'd like to know if it's possible to invest a small amount of money and how to go about it. In Australia.

Answer 1

Trade Forex - but only with http://4xgenie.com services,because they will do it for ya,daily alerts to your PC, no need to study,or buy expensive learn-books. Free trial with no credit cad needed,(pay for services after you earn money in trial,good deal,ha?) code is MSMS555.good luck.

Answer 2

exciting Questions : a million) i does no longer ask you to bounce into making an investment appropriate from Day a million. given which you're beginning out with making an investment, try to study the basics of making an investment, while, why and how? call for-furnish deals, I wont call any shares for you buddy, all i might say is, dont ask anybody for advice on what to purchase and what to sell. it gets you into hassle. the worldwide is crammed with one hundred smart people who supply you one hundred ultimate shares, so make the learn your self and artwork on it. 2)i'm fairly undesirable with accepted diagnosis, so I cant help you on that. 3)2 techniques - accepted diagnosis and Technical diagnosis. you will might desire to google that! See, its no longer a thank you to confirm which inventory will succeed yet you particular can % out developments and %. out good buys. i take advantage of the latter. 4) How lots could you make investments? Its hassle-free! placed funds into basic terms the sum which you're arranged to unfastened, do no longer pump in all your discounts. 5) Commodities are the final deal once you're seeking to diversify your portfolio. And Gold is the real deal here. And yeah, study, study as much as you may. supply the element it sluggish, making an investment is an paintings, you desire practice until you may now grasp it, although no person has mastered it. A dealer or investor has to make losses as he starts off, thats how he learns and makes funds. So be arranged for it. good success! Sam

Answer 3

A lot of interested traders are asking themselves the question if you can really make money with binary options? The answer is that you can indeed make money in binary options trading. Learn here https://tr.im/7EJSl

Obviously this is a perfectly legitimate question considering that most people have not traded binary options in the past and generally believe that investing is a very difficult activity.

However, you will have to put an effort into it. You will have to learn money management, reading of charts as well as the usage of indicators.

Answer 4

I am not sure how to invest in Australia. I like the Australian companies BHP and Rio Tinto, RTP. If you want to learn how to invest, I think the best way is to see what the best traders are buying and selling and why. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 5

Congratulations on getting started. It’ll help you more than you know!

Your first dollars should be spent on getting educated on investing. You don't have to train to trade them professionally, but we are talking about your future here. So the more you learn, the more it'll help you! So let's start there.

You ask a very broad question, so be prepared for a pretty long answer. Just take it in chunks!


How to invest depends on what you already know. We'll assume that you're beginning since you say that you are!

A good primer is How to Make Money in Stocks by William O'Neil. You can get it cheap just about anywhere. It’s widely available new or used.

Another good one is one of Jim Cramer's books like Real Money (he’s got a few).

But books will only get you so far. At some point, you'll also want to get at least a little training. There are some great education companies if you want to make the investment. Investools.com or optionetics.com are both very good companies as is tmitchell.com

For free, you can start by visiting thestreet.com and investopedia.com. That'll get you a pretty good primer so at least you'll understand what the markets are and what a stock is, etc.

If you get a chance, watch Mad Money on CNBC. Don't trade any of his picks until you track many of them over time. Just use the show to get you to understand some basics and get a feel for the market itself.

Next, subscribe to something like Investorsbusiness daily or something like that that can help you identify good stocks.

Once you understand stocks, go to 888options.com. It's a website that'll help you understand options (what they do, how they work, etc). You don't need to trade them, but the more you know, the more you'll see how options can really be the safest way to invest (once you're educated).

For discipline (which is crucial to successful trading), probably Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter

I know that’s a LOT to absorb. Just take it one step at a time for now. Start with a book or two to give you an idea of where to begin. Take your time, and let it seep in.

As you get up to speed, you should papertrade to practice (highly recommended). This should help reduce your losses in the beginning as you get used to buying/selling.

You can practice for free on almost any reputable broker site (optionsxpress, scottrade, thinkorswim, etc). And yes, you can definitely deal easily online. Australian brokerages should offer some similar features.

Start slow, then as you figure things out, you can buy more shares.

Congrats again on getting started. If you have any questions, please let me know.

Hope this helps!

Answer 6

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 7

I would suggest you to check the website http://money-review-site.com/shares.html
to learn more on shares and stock trading and how to select the best stocks. You can contact online stock broker.
Hope it helps

Answer 8

First step is learning. Check out www.thestockfather.com for beginning information!

Answer 9

Open a brokerage account.