NCS
AMCC
DPTR
GTI
GTIV
AEZS
PAL
Custom Search
Friday, July 31, 2009
Thursday, July 30, 2009
Wednesday, July 29, 2009
Tuesday, July 28, 2009
Monday, July 27, 2009
Saturday, July 25, 2009
How to Become a Successful Swing Stock Trader
Swing trader means you can make profit in 1 to 5 days after buying or shorting a stock.
Step 1
First of all, must have rules to follow (be a Disciplined Trader):
1) Let profit run and cut loss early.
2) Protect your capital. Play safe is the key. Always place a stop, not more than 5% after you enter the position.
3) We should be modest and cautious all the time.
4) Don't be over optimistic or pessimistic with your holding position. Do be confident and act accordingly (market situation, chart, your rules)
5) Never buy more to average your loss pick stock.
6) Buy near market close to avoid making most of the mistakes if you decide to hold stock overnight.
7) Do not bet on earning. Risk and return are both high. We want return > risk.
8) Always follow market trend:Bull ---> Buy at dip, support lineBear ---> Short, when bounce to resistance line
9) Try to buy it in the right entry point ---> Make most money in the shortest time possible (1 to 5 days). Time is Money!
10) Only bet what you afford to lose. Don't put all eggs in one basket. We should not use all our buying power to buy one stock. (50% max)
Step 2
I just use 60 min and daily chart in order for me to make buying decision. Please keep in mind that holding stock over night is more risky. The stock market might change overnight and more things can happen to affect your stock's performance.
Step 3
Just make good observation and judgement between 60 min and daily chart (you can see examples from the charts I posted earlier). Buy near market close and sell it the next day. Sell it with happy profit or cut loss if you make a mistake. Small loss is acceptable, just don't let it run to be a big loss. Most people are just hoping, waiting... and waiting to see if it would rise back up. The truth is, it will most likely never happen. Most people get bigger loss in this case.
Step 4
As you can see, this is only one of the way to swing trade in a good and bull market. Happy trading and never stop learning!
TradeKing
Step 1
First of all, must have rules to follow (be a Disciplined Trader):
1) Let profit run and cut loss early.
2) Protect your capital. Play safe is the key. Always place a stop, not more than 5% after you enter the position.
3) We should be modest and cautious all the time.
4) Don't be over optimistic or pessimistic with your holding position. Do be confident and act accordingly (market situation, chart, your rules)
5) Never buy more to average your loss pick stock.
6) Buy near market close to avoid making most of the mistakes if you decide to hold stock overnight.
7) Do not bet on earning. Risk and return are both high. We want return > risk.
8) Always follow market trend:Bull ---> Buy at dip, support lineBear ---> Short, when bounce to resistance line
9) Try to buy it in the right entry point ---> Make most money in the shortest time possible (1 to 5 days). Time is Money!
10) Only bet what you afford to lose. Don't put all eggs in one basket. We should not use all our buying power to buy one stock. (50% max)
Step 2
I just use 60 min and daily chart in order for me to make buying decision. Please keep in mind that holding stock over night is more risky. The stock market might change overnight and more things can happen to affect your stock's performance.
Step 3
Just make good observation and judgement between 60 min and daily chart (you can see examples from the charts I posted earlier). Buy near market close and sell it the next day. Sell it with happy profit or cut loss if you make a mistake. Small loss is acceptable, just don't let it run to be a big loss. Most people are just hoping, waiting... and waiting to see if it would rise back up. The truth is, it will most likely never happen. Most people get bigger loss in this case.
Step 4
As you can see, this is only one of the way to swing trade in a good and bull market. Happy trading and never stop learning!
TradeKing
Friday, July 24, 2009
Solar and airline sector
Looks like solar and airline sector are trying to catch up with the raise.
LDK
AKNS
JASO
MESA
LCC
CAL
---------------------------------
EXEL
NNBR
CGA
LDK
AKNS
JASO
MESA
LCC
CAL
---------------------------------
EXEL
NNBR
CGA
Thursday, July 23, 2009
Market condition
We should start to take most or all our profit now. The market keep raising in these couple days. We should see market correction soon.
Wednesday, July 22, 2009
How to be a successful Day Trader
There are strategies can be used to profit from the market on a regular basis. We just need to find our own paths to beat the market.
Step 1
Better to have at least $25,000 to become a pattern day trader (4x buying power). Stock market is risky. Please do only trade what you afford to lose.
If you make four or more day trades in a rolling five-trading-day period, you will be considered a pattern day trader no matter you have $25,000 or not. If your account equity falls below $25,000, a day trading minimum equity call will be issued on your account requiring you to deposit additional funds or securities.
Step 2
Open a stock brokerage margin account:
TradeKing
Etrade
TD Ameritrade
Step 3
Learn how to read candlestick chart and its pattern.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis
Technical analysis is the soul of day trading. Please take time to get familiar with all the tools you can use. Basically, you will just need to know simple average lines: 20 day and 50 day moving average line, MACD, RSI, and Volume.
Step 4
Rules to follow:
1) Everyone makes mistakes, cut loss early if you make a mistake.
2) After enter into a trade, do not buy more, just watch it rise and sell if you are happy with profit or hold it for 5 to 25 min. If you add more positon, bad thing would happen. Day trading is just like a thief stealing money from the stock market quick and once at a time, if you go back to steal more, they will catch you.
3) Day trading means quick profit, do not hold stock for more than 25 min. You can always sell with profit if it starts to fall from top, and then buy it back later if it turn out going upward again.
Step 5
You should develop your own system of day trading. Because each of us has different personality and a particular trading strategy might not fit for everyone. Happy trading and never stop learning!
Step 1
Better to have at least $25,000 to become a pattern day trader (4x buying power). Stock market is risky. Please do only trade what you afford to lose.
If you make four or more day trades in a rolling five-trading-day period, you will be considered a pattern day trader no matter you have $25,000 or not. If your account equity falls below $25,000, a day trading minimum equity call will be issued on your account requiring you to deposit additional funds or securities.
Step 2
Open a stock brokerage margin account:
TradeKing
Etrade
TD Ameritrade
Step 3
Learn how to read candlestick chart and its pattern.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis
Technical analysis is the soul of day trading. Please take time to get familiar with all the tools you can use. Basically, you will just need to know simple average lines: 20 day and 50 day moving average line, MACD, RSI, and Volume.
Step 4
Rules to follow:
1) Everyone makes mistakes, cut loss early if you make a mistake.
2) After enter into a trade, do not buy more, just watch it rise and sell if you are happy with profit or hold it for 5 to 25 min. If you add more positon, bad thing would happen. Day trading is just like a thief stealing money from the stock market quick and once at a time, if you go back to steal more, they will catch you.
3) Day trading means quick profit, do not hold stock for more than 25 min. You can always sell with profit if it starts to fall from top, and then buy it back later if it turn out going upward again.
Step 5
You should develop your own system of day trading. Because each of us has different personality and a particular trading strategy might not fit for everyone. Happy trading and never stop learning!
Tuesday, July 21, 2009
Monday, July 20, 2009
Sunday, July 19, 2009
How to become an equity trader working for a Proprietary Trading Firm
Have you ever want to work full time as an equity trader with high leverage ratio and day trading lesson that you can get from a proprietary trading firm?
Step 1
Ask yourself: Are you currently an experienced day trader that can make profit consistently or a beginner but eager to learn how to day trade?
For experienced day trader, initial capital contribution is required but you can trade remotely or in their office.
The ratio for a beginner to survive is very low (I think only 1 out of 30 people can succeed at the end).
Moreover, almost all proprietary trading firms don't pay you salary. You only get paid if you make profit in your trading account and share the payout ratio with them. Most of them require initial capital contribution but they do provide training.
Please keep in mind that most beginner will fail and never see their initial capital contribution again (I think minimum is $5000).
This business is hard and is not for everybody.
Step 2
There are a whole bunch of proprietary trading firms on East Coast New York and Chicago area that you can choose from.
Proprietary Trading Firms Directory:
http://www.traderslog.com/proprietarytradingfirms.htm
The one I recommend is
•World Trade Securities - WTS Proprietary Trading Group LLC, is a privately owned proprietary trading firm based in NYC, New York and a member of the CBSX and is SEC registered.
http://wtsprop.com/index.html
They have three structures in place for traders and keep it very simple and clean no matter if your experienced or new you get to pick what structure you want.
-Structure 1: 90% payout / .0005 (.50 cents per 1000 shares) - capital contribution
-Structure 2: 99% payout/ .001 (1.00 per 1000 shares) - capital contribution
-Structure 3: 50% in-house training program, no capital required. Must pay $1,500 for training course. When you build your account to $5,000 your payout goes to 75-90%
Step 3
Key things to find out for a good proprietary trading firms:
- Leverage: 6:1 or 10:1 or 60:1
- Sponsorship: Series 7
- Mentoring: What the level
- Community: Are top traders gathered at this firm
- Pricing: .01/share or .007/share or .005/share, also other fees
- Tech: Execution Speed, Routing, Charting Tools and etc
- Payout: 90% or 95% or 99%; Weekly, Monthly; Direct Deposit or Check
- Selectivity: How difficult is it to get in
- Financials: Does the trading firm have plenty of capital or is it on shaky ground?
- Reputation: How well known is it
Step 4
Out of all these prop firms, some people say that the top 3 that offer a salary and provide good training are (but they are harder to get in):
1) Jane street Capital: http://www.janestreet.com/
2) SIG: http://www.sig.com/index.html
3) DRW Trading Group: http://www.drwtradinggroup.com/
Step 5
The only thing that works in this businss is these 3 little thing. And these 3 little things are the traders secret and what many do not understands.
1. Support and Resistance.
2. Cut your loss early.
3. Discipline
These are the only thing that works in this business. It’s what helps you stay alive in this business, and it’s what helps you make money in this business.
Step 1
Ask yourself: Are you currently an experienced day trader that can make profit consistently or a beginner but eager to learn how to day trade?
For experienced day trader, initial capital contribution is required but you can trade remotely or in their office.
The ratio for a beginner to survive is very low (I think only 1 out of 30 people can succeed at the end).
Moreover, almost all proprietary trading firms don't pay you salary. You only get paid if you make profit in your trading account and share the payout ratio with them. Most of them require initial capital contribution but they do provide training.
Please keep in mind that most beginner will fail and never see their initial capital contribution again (I think minimum is $5000).
This business is hard and is not for everybody.
Step 2
There are a whole bunch of proprietary trading firms on East Coast New York and Chicago area that you can choose from.
Proprietary Trading Firms Directory:
http://www.traderslog.com/proprietarytradingfirms.htm
The one I recommend is
•World Trade Securities - WTS Proprietary Trading Group LLC, is a privately owned proprietary trading firm based in NYC, New York and a member of the CBSX and is SEC registered.
http://wtsprop.com/index.html
They have three structures in place for traders and keep it very simple and clean no matter if your experienced or new you get to pick what structure you want.
-Structure 1: 90% payout / .0005 (.50 cents per 1000 shares) - capital contribution
-Structure 2: 99% payout/ .001 (1.00 per 1000 shares) - capital contribution
-Structure 3: 50% in-house training program, no capital required. Must pay $1,500 for training course. When you build your account to $5,000 your payout goes to 75-90%
Step 3
Key things to find out for a good proprietary trading firms:
- Leverage: 6:1 or 10:1 or 60:1
- Sponsorship: Series 7
- Mentoring: What the level
- Community: Are top traders gathered at this firm
- Pricing: .01/share or .007/share or .005/share, also other fees
- Tech: Execution Speed, Routing, Charting Tools and etc
- Payout: 90% or 95% or 99%; Weekly, Monthly; Direct Deposit or Check
- Selectivity: How difficult is it to get in
- Financials: Does the trading firm have plenty of capital or is it on shaky ground?
- Reputation: How well known is it
Step 4
Out of all these prop firms, some people say that the top 3 that offer a salary and provide good training are (but they are harder to get in):
1) Jane street Capital: http://www.janestreet.com/
2) SIG: http://www.sig.com/index.html
3) DRW Trading Group: http://www.drwtradinggroup.com/
Step 5
The only thing that works in this businss is these 3 little thing. And these 3 little things are the traders secret and what many do not understands.
1. Support and Resistance.
2. Cut your loss early.
3. Discipline
These are the only thing that works in this business. It’s what helps you stay alive in this business, and it’s what helps you make money in this business.
Saturday, July 18, 2009
How to Understand Technical Analysis Chart
What is the secret to make consistent profit in stock trading no matter you are day trading, swing trading, or long-term investing? The answer is technical analysis.
1) Trading in the stock market can be very profitable or painfully unprofitable. With understanding of technical analysis, it will allow you to make better decision on entering or exiting a position.
2) Learn to read charts
Learn how to use technical analysis effectively and profitably. Technical traders only trade when they see a particular indicator or pattern in chart.
ChartSchool
http://stockcharts.com/school/doku.php?id=chart_school
3) Candlestick Chart
Compared to traditional bar charts, many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. Immediately a trader can see compare the relationship between the open and close as well as the high and low.
Introduction to Candlesticks
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand
Candlestick Pattern Dictionary
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_
4) Support and Resistance
Support and resistance are considered critical indicators for price continuation, stalls, or reversals. These are visual charted tops and bottoms of a stock.
5) Be consistent with your rules for trading
This is essential for profitability. You must have systemic rules, rules for your trading game that you must follow. These rules tell you when to get in and when to get out. Follow these rules strictly even if it means taking a loss now and then.
Trading Strategies
http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies
1) Trading in the stock market can be very profitable or painfully unprofitable. With understanding of technical analysis, it will allow you to make better decision on entering or exiting a position.
2) Learn to read charts
Learn how to use technical analysis effectively and profitably. Technical traders only trade when they see a particular indicator or pattern in chart.
ChartSchool
http://stockcharts.com/school/doku.php?id=chart_school
3) Candlestick Chart
Compared to traditional bar charts, many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. Immediately a trader can see compare the relationship between the open and close as well as the high and low.
Introduction to Candlesticks
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand
Candlestick Pattern Dictionary
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_
4) Support and Resistance
Support and resistance are considered critical indicators for price continuation, stalls, or reversals. These are visual charted tops and bottoms of a stock.
5) Be consistent with your rules for trading
This is essential for profitability. You must have systemic rules, rules for your trading game that you must follow. These rules tell you when to get in and when to get out. Follow these rules strictly even if it means taking a loss now and then.
Trading Strategies
http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies
Friday, July 17, 2009
Thursday, July 16, 2009
Market bounce back up
Market bounce back up in four consecutive days. Now it stay above its support line once again. If the earning and economic are good, then the market will restart its uptrend momentum.
DIA
QQQQ
DIA
Tuesday, July 14, 2009
Difference Between forex FAP turbo and Megadroid robot trading system
I have been using both Forex Megadroid and Fap Turbo automated trading systems. Here are their differences and advantages:
1) STRATEGIES and CURENCY PAIRS:
Forex Megadroid has internal strategies built-in: Conservative and Aggressive (short-term).
- It only trades EUR/USD in 1 Hour time frame.
Fap Turbo has two strategies shown on the setting parameters:
- Scalper (short-term): EURGBP, EURCHF, USDCAD, GBPCHF (15 Min)
- Long Term Trading: EURUSD (1 Hour).
2) Trading Hour and Take Profit and Stop Loss Setting
Forex Megadroid don't have the option to allow users to change their trading system hours nor take profit and stop loss setting.
Fap Turbo is more flexible and allow users to change trading system hours and take profit and stop loss setting for each currency pair.
3) ACTIVATION:
Forex Megadroid uses Clickbank ID for activation. You only need to do this once. It offers no expiration. This is better than Fab Turbo.
Fap Turbo Robot uses your account ID and expert advisor ID for activation. Fap Turbo robot needs updating every month due to expiration.
4) RECOVERY MODE:
Only Forex Megadroid has this. In the event of losing trade, the recovery mode will doubled the lot size for all trades until the loss has been recovered. However, I don't recommend to use the recovery mode. You can disable it by change it to False.
5) TRADE FRIDAY MODE:
Forex Megadroid has built-in mechanism to disallow trades on Sunday and Friday.
Fap Turbo allows the Friday trading mode to be turned on and off manually by users.
6) AUTOMATIC FOREX TRADING: Both system use MT4 platform to execute trades automatically as long as all the parameters are met.
MONEY MANAGEMENT: Both system have money management feature programmed in the software. Therefore, you can set the percentage of margin to use on each trade.
TRADING ACTIVITY: Forex Megadroid makes less trades than Fap Turbo.
7) Forex Megadroid & Fap Turbo both claim their robot system can double your account in a month or year. But please keep in mind to control your risk taking on each trade (no more than 5% or 10% of your available margin). Making consistent profit with low risk is the key to success in the long run.
8) I only trade two pairs of currency, one from each system. The profit it generated and win% are quite high and consistent. I tried all other pairs, but it seems like this is the best combination.
Fab turbo - EURCHF, M15
Megadroid - EURUSD, H1
1) STRATEGIES and CURENCY PAIRS:
Forex Megadroid has internal strategies built-in: Conservative and Aggressive (short-term).
- It only trades EUR/USD in 1 Hour time frame.
Fap Turbo has two strategies shown on the setting parameters:
- Scalper (short-term): EURGBP, EURCHF, USDCAD, GBPCHF (15 Min)
- Long Term Trading: EURUSD (1 Hour).
2) Trading Hour and Take Profit and Stop Loss Setting
Forex Megadroid don't have the option to allow users to change their trading system hours nor take profit and stop loss setting.
Fap Turbo is more flexible and allow users to change trading system hours and take profit and stop loss setting for each currency pair.
3) ACTIVATION:
Forex Megadroid uses Clickbank ID for activation. You only need to do this once. It offers no expiration. This is better than Fab Turbo.
Fap Turbo Robot uses your account ID and expert advisor ID for activation. Fap Turbo robot needs updating every month due to expiration.
4) RECOVERY MODE:
Only Forex Megadroid has this. In the event of losing trade, the recovery mode will doubled the lot size for all trades until the loss has been recovered. However, I don't recommend to use the recovery mode. You can disable it by change it to False.
5) TRADE FRIDAY MODE:
Forex Megadroid has built-in mechanism to disallow trades on Sunday and Friday.
Fap Turbo allows the Friday trading mode to be turned on and off manually by users.
6) AUTOMATIC FOREX TRADING: Both system use MT4 platform to execute trades automatically as long as all the parameters are met.
MONEY MANAGEMENT: Both system have money management feature programmed in the software. Therefore, you can set the percentage of margin to use on each trade.
TRADING ACTIVITY: Forex Megadroid makes less trades than Fap Turbo.
7) Forex Megadroid & Fap Turbo both claim their robot system can double your account in a month or year. But please keep in mind to control your risk taking on each trade (no more than 5% or 10% of your available margin). Making consistent profit with low risk is the key to success in the long run.
8) I only trade two pairs of currency, one from each system. The profit it generated and win% are quite high and consistent. I tried all other pairs, but it seems like this is the best combination.
Fab turbo - EURCHF, M15
Megadroid - EURUSD, H1
How to Choose The Right Forex Autopilot Robot Trading System and Broker
Do you know that there are Forex Trading Robot system that can do trading for you automatically and generate substantial profit? Let's find out.
1) I think we are all getting tired and frustrated with manual trading on Forex currency. Most people don't know that there are automated robot trading system that can help you make more profits with ease.
Forex robot trading is an extremely easy way to generate a large source of income from home on autopilot. A forex robot is an automated software that trades currencies 24/5 to generate profits.
2) You need to purchase either FAP turbo trading robot, or Forex Megadroid, or both. They are just one-time payment with 60 days money back guarantee. These trading robots really work and have proven record of success by other users.
Please keep in mind that by using the automated robot don't make you rich immediately. The purpose is to help you make consistent profit with very low risk.
- FAP turbo produce more trades with more paris of currency
- Megadroid only trades one pair of currency - less trades but very profitable with nearly 96% win (tested by other users)
3) Next, you need to find a good and lowest spread Forex broker with MetaTrader 4 trading platform. You can download a Demo account first to try.
Most trader use these brokers:
· Alpari - http://www.alpari-us.com/
· Forex.com - http://www.forex.com/
· FXCM - http://www.fxcm.com/
· FXPRO - http://www.fxpro.com/
· FXcbs - http://www.fxcbs.com/
4) Then you can install and set up the trading robot on your demo account (MetaTrader 4 trading platform) to test it. Once it's activated, all you need to do is keep your metatrader platform running. If you are satisfy with the result, then you can open a live account to let forex robot make money for you.
Resources
Fap Turbo
Forex Megadroid
1) I think we are all getting tired and frustrated with manual trading on Forex currency. Most people don't know that there are automated robot trading system that can help you make more profits with ease.
Forex robot trading is an extremely easy way to generate a large source of income from home on autopilot. A forex robot is an automated software that trades currencies 24/5 to generate profits.
2) You need to purchase either FAP turbo trading robot, or Forex Megadroid, or both. They are just one-time payment with 60 days money back guarantee. These trading robots really work and have proven record of success by other users.
Please keep in mind that by using the automated robot don't make you rich immediately. The purpose is to help you make consistent profit with very low risk.
- FAP turbo produce more trades with more paris of currency
- Megadroid only trades one pair of currency - less trades but very profitable with nearly 96% win (tested by other users)
3) Next, you need to find a good and lowest spread Forex broker with MetaTrader 4 trading platform. You can download a Demo account first to try.
Most trader use these brokers:
· Alpari - http://www.alpari-us.com/
· Forex.com - http://www.forex.com/
· FXCM - http://www.fxcm.com/
· FXPRO - http://www.fxpro.com/
· FXcbs - http://www.fxcbs.com/
4) Then you can install and set up the trading robot on your demo account (MetaTrader 4 trading platform) to test it. Once it's activated, all you need to do is keep your metatrader platform running. If you are satisfy with the result, then you can open a live account to let forex robot make money for you.
Resources
Fap Turbo
Forex Megadroid
Monday, July 13, 2009
Monday, July 06, 2009
Thursday, July 02, 2009
Down trend ahead
DJIA break its support line the second time within two week. NASDAQ might follow later. The chances are very high that the overall market will continue going down.
Wednesday, July 01, 2009
Investment Questions!?
Yahoo Question:
Investment Questions!?
Hi everyone! So I'm going to be turning 18 soon and I have about 1000 dollars saved from an old job. My question to anyone that is very knowledgeable about investments is, what would be the best option for me to invest that money in so it would grow the fastest. Any serious answers would be awesome!
Good answers from other:
I started investing in stocks when I was in University as part of an investment club. We had the luxury of having a member of our group whose parents owned a small investment firm and I learnt a lot from this experience. However, we got greedy and the huge gains we made quickly got erased by the tech boom in 2000 (much like the commodities/housing boom today)
I came through this crash a much more cautious investor and it paid off. I didn't make a ton of money - in fact I barely broke even, but considering top hedge funds got decimated by 40-50%, I feel I did okay.
My point is, there are plenty of ways to grow money quickly, but you have to be prepared to lose it just as quickly. Really ask yourself - how much am I prepared to risk to achieve large gains. It's easy to envision yourself making huge dollars on one venture (penny) stock but when you see real money going away if a position moves against you it can be devastating, especially for a young investor.
In my experience, the worst thing that can happpen to a new investor is to buy one stock - make a good gain - and sell off. Although this feel great when it happens, odds are it will not happen regularly - This is why people pay money to have others manage their money. Consistent gains are key.
Don't go in looking for the big score, you will ultimately get burned. That being said, the traditional buy and hold strategy is also dead in my opinion (at least for the time being) so you need to have time, knowledge, and dedication. There is money to be made in the markets, but it doesn't come easy and it doesn't come without risk.
Please be advised that we are in a very dangerous time in the equity markets right now. This is not a normal environment and there is still potential for a fairly substantial correction to the down side (assuming earnings don't show up which is a distinct possibility)
This is a lot to digest, but I don't want to see you jumping on the bandwagon of some scam claiming you can make money without work. If this were case, we wouldn't need professionals and we all wouldn't need jobs - we'd just download a trading program and make millions.
My answer:
$1000 is not enough for any serious investment. Save more or invest the money to your education. Otherwise, you can use the money to buy bond. My econ. professor taught us that we can use a little portion of our money ($100) each month and invest into bond. Ultimately, you will become a millionaire when you retire.
Investment Questions!?
Hi everyone! So I'm going to be turning 18 soon and I have about 1000 dollars saved from an old job. My question to anyone that is very knowledgeable about investments is, what would be the best option for me to invest that money in so it would grow the fastest. Any serious answers would be awesome!
Good answers from other:
I started investing in stocks when I was in University as part of an investment club. We had the luxury of having a member of our group whose parents owned a small investment firm and I learnt a lot from this experience. However, we got greedy and the huge gains we made quickly got erased by the tech boom in 2000 (much like the commodities/housing boom today)
I came through this crash a much more cautious investor and it paid off. I didn't make a ton of money - in fact I barely broke even, but considering top hedge funds got decimated by 40-50%, I feel I did okay.
My point is, there are plenty of ways to grow money quickly, but you have to be prepared to lose it just as quickly. Really ask yourself - how much am I prepared to risk to achieve large gains. It's easy to envision yourself making huge dollars on one venture (penny) stock but when you see real money going away if a position moves against you it can be devastating, especially for a young investor.
In my experience, the worst thing that can happpen to a new investor is to buy one stock - make a good gain - and sell off. Although this feel great when it happens, odds are it will not happen regularly - This is why people pay money to have others manage their money. Consistent gains are key.
Don't go in looking for the big score, you will ultimately get burned. That being said, the traditional buy and hold strategy is also dead in my opinion (at least for the time being) so you need to have time, knowledge, and dedication. There is money to be made in the markets, but it doesn't come easy and it doesn't come without risk.
Please be advised that we are in a very dangerous time in the equity markets right now. This is not a normal environment and there is still potential for a fairly substantial correction to the down side (assuming earnings don't show up which is a distinct possibility)
This is a lot to digest, but I don't want to see you jumping on the bandwagon of some scam claiming you can make money without work. If this were case, we wouldn't need professionals and we all wouldn't need jobs - we'd just download a trading program and make millions.
My answer:
$1000 is not enough for any serious investment. Save more or invest the money to your education. Otherwise, you can use the money to buy bond. My econ. professor taught us that we can use a little portion of our money ($100) each month and invest into bond. Ultimately, you will become a millionaire when you retire.
How do people lose money in stocks?
Yahoo Question
How do people lose money in stocks?
It doesnt make sense. If you buy stocks for a certain price and the price goes down, why would you sell it. Cant you just hold on to the stock you bought till the price get to higher than what you purchased it. I really dont know much about stocks please help me.
Answer:
It's greedy and panic that make people lose money in stocks. It's the timing that you entered into the stock market. Some people don't know anything about fundamental and technical analysis then join in. Stock price might go lower and lower, and never reach back to its high. There are so many examples; such as the banking stocks: BSC.
How do people lose money in stocks?
It doesnt make sense. If you buy stocks for a certain price and the price goes down, why would you sell it. Cant you just hold on to the stock you bought till the price get to higher than what you purchased it. I really dont know much about stocks please help me.
Answer:
It's greedy and panic that make people lose money in stocks. It's the timing that you entered into the stock market. Some people don't know anything about fundamental and technical analysis then join in. Stock price might go lower and lower, and never reach back to its high. There are so many examples; such as the banking stocks: BSC.
STOCK MARKET??? CRASHING OR NOT?
Yahoo question
STOCK MARKET??? CRASHING OR NOT?
Do you think that stock market will crash to low 6500 dow, again?
Answer:
No, I don't think the stock market will crash to low 6500 dow again. Probably back to 7700 - 8000. The housing market is bouncing back up, house price are getting stable and move up as people jump in to buy cheaper houses. For some houses, I saw 10 to 25 offers that buyers sent in. If employment is getting stable as well, then the market should move back up again.
STOCK MARKET??? CRASHING OR NOT?
Do you think that stock market will crash to low 6500 dow, again?
Answer:
No, I don't think the stock market will crash to low 6500 dow again. Probably back to 7700 - 8000. The housing market is bouncing back up, house price are getting stable and move up as people jump in to buy cheaper houses. For some houses, I saw 10 to 25 offers that buyers sent in. If employment is getting stable as well, then the market should move back up again.
Subscribe to:
Posts (Atom)