Hi guys many of you must study business studies at school or take an active interest in stock trading. It has its advantages i.e. making a nice sum of money and its disadvantages the high chance of losing if you dont know what you are doing.
I enjoy looking at stocks as it not only offers me the chance to make some money but is a great source for news and global affairs.
Have any of you had any experience trading?
You can use this thread to post tips and ideas.
Use it as a question thread as well.
- stock broker: someone who trades on behalf of you. Examples include the Halifax bank in the UK
- Trading fee's: With any transaction a fee will be charged in the UK this is typically between £10-£12 per transaction i.e. one to buy, one to sell
+ Any business terms you know that are associated in this field. Depression, spike etc etc
Major US - Dow Jones, NYSE, NASDAQ
Asia- ^SSEC, ^JKSE
Europe- FTSE, ATX
Im still learning and hopefully will for the rest of my life, my personal aim is to make more money than what I would get off the bank in interest. So not a very high goal but its something to aim for.
Ohh and you have to be 18+ well in the UK to trade.
[url]http://www.forex.com/uk/index.html[/url] (Broker offers currency trading and commodities, metals, energy and equities) Great all rounder.
I'd trade stocks but I'm not a corrupt person like you on Wall Street you capitalist whore! I AM THE NINETY NINE PERCENT
Cheers for the reply, join a clearly titled thread and reply with shit.
FYI I live in the UK thus trade on the LSE
[QUOTE=Godline;35628524]Cheers for the reply, join a clearly titled thread and reply with shit.
FYI I live in the UK thus trade on the LSE[/QUOTE]
I'm just starting out in stock trading. Still learning the ropes so I haven't risked much. I trade on NASDAQ right now, and my broker is TD Ameritrade. Any tips?
I've looked at doing ForEx before, anyone have any experience with it?
[QUOTE=Gnomical;35628626]I'm just starting out in stock trading. Still learning the ropes so I haven't risked much. I trade on NASDAQ right now, and my broker is TD Ameritrade. Any tips?[/QUOTE]
Take it easy there is no rush, you miss one opening wait for another. Perhaps pick a particular field of interest so you get a feel for the companies operating. Mine for example is the Banking sector and Mining.
Do your research before the investment and if there is a hint of doubt I'd personally drop it and re assess.
Keep an eye on the profit loss margins each quarter / year and check the news frequently.
Have patience with your investment, ohh so you made a quick .3% today you could treble that tomorrow.
Use common sense
Most of all.
Dont invest what you cant afford to lose.
[editline]19th April 2012[/editline]
[QUOTE=OogalaBoogal;35628645]I've looked at doing ForEx before, anyone have any experience with it?[/QUOTE]
No sorry, I trade with the Halifax as its my bank and takes minutes for the transfer and withdrawal of money. Though this looks a good alternative and offers alot more than the halifax, ill stick the website in the OP.
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