milan
08-05-2006, 09:38 AM
flow(I feel I have longterm covered). There are numerous stocklike investments on the internet ( forex,stocks,comodies, options, fundsand etc). Should I learn a SYSTEM or develop my OWN? Because there is SO much out there to invest in, it is confusing as to with one to learn.
Novice
08-09-2006, 03:52 PM
If you ask these questions, my recommendation is to go with indexed funds. It would allow you to learn along the way (by just monitoring your account's activities/performance/portfolio) at the same time get you into the "action" :-). The risk is definitely there, as with stock investment; however, it would be lower than if you are to invest in individual stocks yourself.If you don't have a broker already, I recommend Vanguard. It offers many low-fee/no-load funds for you to choose from.Best wish!
bobcwebb
08-13-2006, 10:06 PM
It doesn't hurt to check out what's out there, but beware. Everyone says their system is the best. You can get a general idea of different strategies, then decide which is best. You will find out their systems don't always work. The market doesn't always fit into their formulas. If a stock has bad news or their earnings start going down, systems go out the window. Paper trading is always good-pretend to buy a stock, write it down and see what happens. If you get good at it, do it with money. Try out different strategies on paper. Stay away from too risky strategies.The best teacher is the market itself. Check the market often, see how stocks react over time to news and earnings and maybe you will develop your own system.
gary9909
08-18-2006, 04:21 AM
Ive traded stocks and commodities for 15 years now its like a puzzle it takes a long time to piece together but if you want financial freedom begin now. At first you'll watch if you do the wizards on wall street and think impressive i want to be like that.Be patient do alot of reading but dont if your a novice think you can beat the market.Ive developed a system like i said through trial and error took forever.Eventually i traded futures contracts this is where the rich trade I did o.k. but eventually the commissions killed me.The best trading vehicle without a doubt is currency my system is so accurate ive got a website i began last week and we are 4 out of 5 and more than doubled our money if you want to get my advice click on day trading currency its free at 2pm pacific i post which way the british pound will go up or down held until 5:30 am the next day.Do your own research and capitalize the remaining 2 days on my site for free then you can purchase over the internet www.moneyinthebank. instant then enter ecom.net after instant the computer wont allow me to put it in any questions garyfortune500@yahoo.com
Dreamer5074
08-22-2006, 10:35 AM
It may be a good idea to develop your own system of trade when your involved in forex as such. I think the sites below may help you develop your own trading when it comes to those financial products.
kgirishraman1644
08-26-2006, 04:50 PM
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