Anybody Good With Stocks?

jackdirty

New Member
steel its at a all time low, once this recesson turns back the other way it will only get higher, but i would sit on it for 3-5 years
 

Boneman

Well-Known Member
Your tips for starting up is to do it now while everything is bottoming out. Buy it now while its cheap and when everything rebounds, those stocks you paid 10 bucks for are now worth 30 bucks each. Dont sit on anything, time is of the essense and the longer you wait, the longer you WILL WAIT for $$ cha ching!
 

jfgordon1

Well-Known Member
What kind of stock are you interested in? there are all kinds of options. :?
anyhow, here's a few techniques

•Long-term techniques

–Buy and hold

–Dollar cost averaging

–Direct investment and dividend re-investment plans (DRIPS)

•Short-term techniques

–Day trading

–Buying stock on margin (borrowing money)

–Selling short (borrowing stock)

–Trading in options (predetermined price)
 

^Psychonaut^

Active Member
I have been dabbling and looking over charts for years and after losing 75% of my capital in the last bull market (yes the bull not bear market), '05 to '07, have only just started getting the hang of it in the last 6 months; a nice time to buy here in Australia since its quite stable here and there is a massive resources market.. China baby :hump:

You need to spend years learning all the ins and outs and getting comfortable with it all.

Riding and recognising bubbles I think is the important thing, I remember when anything with the word Uranium in it back in '06 and '07 was easy trading, except I wasnt aware enough at the time to take advantage. Gold is the current bubble, resources are slowly coming back in, until China stops needing resources, which will probably be never its a good market.

Start learning chart basics. I use simple rules, only trade stocks with consistent volume, only stocks trending above long term averages and only stocks with good price volatility, a stock that doesnt move around much is probably never going to move around much.

I buy and sell on a weekly/bi weekly basis, buy in troughs and take short term profits.


•Short-term techniques

–Day trading

–Buying stock on margin (borrowing money)

–Selling short (borrowing stock)

–Trading in options (predetermined price)
You want to lose money do any of these things, especially the first and second ones...
 

rocks211

Member
One quick thing you will learn when you start investing is that almost eveyone thinks they are an expert and know the HOTTEST stock at the time but most are wrong. The best tip I could give you would be to read read read. Learn how to properly value a company. It also depends on what your goal is (retirement, quick gains etc.) because that will make a huge difference in your stratgey.
 

FollyFool

Well-Known Member
I have been looking into the wwwgwpharm.com (US partners stock)Otsuka & Bayer Health Care.Not to mention the US Health Care fund purchased the majority of their stock.I might be wrong?But look's like the Law maker's here in the US are getting their chip's into place knowing their vote to legalize medical cannibis will ultimately pay off "BIG TIME"especially when every doctor in the US will be able to prescribe this medicine once it passes the FDA final approval & is licenced?Drug companies & politicle figure's are joined at the waist right?I might be crazy?But the picture that's being painted by these people clearly have green stroke's in it.~Just my 2 cent's~
 
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