View Full Version : stock marketing?
Jay
Tuesday, January 15th, 2008, 07:15 PM
HI, I am planning to try stock marketing, to start with little investment.
I don't have much knowledge about this.
What is the best way to learn and what are the schools, books or websites you all recommend.
Thanks
redwine
Tuesday, January 15th, 2008, 08:19 PM
what is stock marketing? tba
Michael M
Tuesday, January 15th, 2008, 08:20 PM
Be careful about taking the advice of people, even professionals. Be wary of news reports, financial reports, fundamental analysis, and technical analysis. They are misleading.
Do the following:
1) Wall Street is a money game. A game is what it is. As an outsider, you are at a distinct disadvantage. You are a member of a group called the "public" which is nothing more than a lamb that the professionals view as ripe for being fleeced. To learn how this works, read "Wall Street: The Other Las Vegas," by Nicolas Darvas. Darvas was a trader who learned the hard way how to make money from the stock market.
2) If you want to trade stocks, learn the 50% retracement rule. This is the most reliable, simple rule for trading. You can (and probably should) ignore everything else, and just follow this rule, especially because you are a beginner. You may learn about this rule by googling online or reading "The Trading Rule That Can Make You Rich" by Edward Dobson.
If you trade, be sure to ALWAYS control your risk. This means using something called a "stop loss" to limit your losses if a trade goes bad.
3) How to open a stock account. Choose an online brokerage, a "discount" brokerage. You save a lot of money on commissions and fees. Be sure the company is a member of the FINRA and SIPC in the United States. This means the company is REGULATED and won't steal your money.
theone
Tuesday, January 15th, 2008, 08:20 PM
someone answer this question.......even i am new to trading...want to but some shares.......how do i do that?
Raven
Saturday, January 19th, 2008, 09:46 AM
Start with the new thread of beginners (http://www.discussny.com/showthread.php?t=1448) .
Raven
Saturday, January 19th, 2008, 09:47 AM
Beginners (http://www.discussny.com/showthread.php?t=1448) .
someone answer this question.......even i am new to trading...want to but some shares.......how do i do that?
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