Getting started in stocks/trading/forex/whatever

M

MakinProgress

Active Member
I'm looking for a good book/guide on this sort of thing...

I've been wanting to get started for a few years now, but never had the proper direction to do so. Of course I could Google it, but I'd rather hear it straight from the mouth of those who are profiting somehow in trading.

What books/guides would you recommend I purchase to learn the basics?
 
Johnny Retro

Johnny Retro

Well-Known Member
One up on wall street - peter lynch
Also read the Money&investing section in your newspaper or the wall street journal.
at first itll be confusing but you start to understand more and more if you make it a daily habbit
 
Korhash

Korhash

Well-Known Member
If forex interests you, checkout the websites investopedia and babypips to get a basic eduction. figure out what kind of trader you want to be, day swing, scalper. A lot of traders offer a free week in their rooms to see how traders trade.
 
N

NoDrama

Well-Known Member
Yeah watch the Jim Cramer show "Mad Mad money", you'll be sure to lose all your cash listening to him. He only gets it right about 35% of the time, IE you lose 65% of your money doing what he says.

You want to make a bit of cash? Invest in silver bullion.
 
N

NoDrama

Well-Known Member
NoDrama said:
You want to make a bit of cash? Invest in silver bullion.
Click to expand...
I made 6% profit on my silver bullion since I made this statement. And a 16% profit (avg) on my junior silver miner stocks (Mostly Canadian). Thats not too bad for 6 trading days. Of course I have made over 110% profit on the silver bullion since buying the bulk of it in Nov 2008. Only made a 40% profit on my Gold Holdings. I do not subscribe to ETF paper, only hard metal in my hand.
 
MediGrow87

MediGrow87

Active Member
MakinProgress said:
I'm looking for a good book/guide on this sort of thing...

I've been wanting to get started for a few years now, but never had the proper direction to do so. Of course I could Google it, but I'd rather hear it straight from the mouth of those who are profiting somehow in trading.

What books/guides would you recommend I purchase to learn the basics?
Click to expand...

Best place for beginners in forex is www.forexpeacearmy.com most comprehensive site by far better than anything on the net, teaches you how to trade the news, economic indicators, broker reviews, trading system reviews, and forex education system reviews... best of all everything is FREE
 
R

redivider

Well-Known Member
NoDrama said:
I made 6% profit on my silver bullion since I made this statement. And a 16% profit (avg) on my junior silver miner stocks (Mostly Canadian). Thats not too bad for 6 trading days. Of course I have made over 110% profit on the silver bullion since buying the bulk of it in Nov 2008. Only made a 40% profit on my Gold Holdings. I do not subscribe to ETF paper, only hard metal in my hand.
Click to expand...
invest in GOOOLD. glenn beck does!!!!:mrgreen:
 
MrDank007

MrDank007

Well-Known Member
Set up one of those mock accounts and trade on that with fake money for a while. If you have no financial background at all, I would get a finance 101 college textbook
 
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