The Stockmarket!

OregonMeds

OregonMeds

Well-Known Member
You give someone your money and they give you stock in something and take a fee for it. Then they loose all your money and charge you more fees.
 
CrackerJax

CrackerJax

New Member
Simply put, the stock market is an institution set up to attract monies for corporate investment, operation and expansion.

When you hand over $xxxxxxxx to a company, you are given "markers". You may hold these markers as long as you wish. Naturally, you are giving your money to a Company you feel will perform well with your "gift". The better they perform, the more attractive it becomes with other investors. Companies that prove over and over again to be profitable can become huge.

People like winners. Always.

Of course it is not as easy as that. There are many variables to performance and not all things are under the companies control.
 
B

Brevity, The Soul Of Wit!

New Member
CrackerJax said:
Simply put, the stock market is an institution set up to attract monies for corporate investment, operation and expansion.

When you hand over $xxxxxxxx to a company, you are given "markers". You may hold these markers as long as you wish. Naturally, you are giving your money to a Company you feel will perform well with your "gift". The better they perform, the more attractive it becomes with other investors. Companies that prove over and over again to be profitable can become huge.

People like winners. Always.

Of course it is not as easy as that. There are many variables to performance and not all things are under the companies control.
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But technically it IS all under the control of the companies because it ALL has to do the companies.
 
CrackerJax

CrackerJax

New Member
Yes & no, but that is all part of the risk involved in the game of finance speculation (that's what it is) and life in general.

Hurricanes smashing into Houston (our largest oil port) can affect oil companies greatly, but is entirely out of their control. Then you can also add in domestic political and social variables, like Obama. International incidents can be even dicier (though Obama is becoming more of an obstacle every day).

Paying attention and staying informed is your best defense, or hiring a broker to pay attention for you. Just make sure to check ur broker .. :wink: (I don't use one, except for IPO'S).

Like checkers, the rules are easy to comprehend but mastering the game can be difficult.
 
Wavels

Wavels

Well-Known Member
Well some basics are in order and IMO for anyone interested in the stock market it is imperative that they obtain a fundamental understanding of the bare bones basic nuts and bolts of the market. This can be obtained by reading Louis Engels How to buy Stocks.

http://www.amazon.com/How-Buy-Stocks-Louis-Engel/dp/0316353809/ref=sr_1_1?ie=UTF8&s=books&qid=1258982812&sr=1-1

I read it over thirty years ago when I began my career in the financial services industry. I was a stock and bond broker and trader for a mid sized national Broker Dealer. ( My last 10 years or so I ran the Bond trading desk, and I retired from the business around 8 years ago)
I traded everything from Pink Sheet Penny stocks to listed equities and options and mutual funds to REMICS and Munis as well as listed and OTC Corporate bonds.
In my experience many individual investors neglect obtaining an understanding of the basics, thereby relying more than they should on a broker.
It is important to roll up one's sleeves and exert a little effort in order to be successful in the world of investing.


BTW this is a great new forum!!
 
C

carr0t

Well-Known Member
Wavels said:
Well some basics are in order and IMO for anyone interested in the stock market it is imperative that they obtain a fundamental understanding of the bare bones basic nuts and bolts of the market. This can be obtained by reading Louis Engels How to buy Stocks.

http://www.amazon.com/How-Buy-Stocks-Louis-Engel/dp/0316353809/ref=sr_1_1?ie=UTF8&s=books&qid=1258982812&sr=1-1

I read it over thirty years ago when I began my career in the financial services industry. I was a stock and bond broker and trader for a mid sized national Broker Dealer. ( My last 10 years or so I ran the Bond trading desk, and I retired from the business around 8 years ago)
I traded everything from Pink Sheet Penny stocks to listed equities and options and mutual funds to REMICS and Munis as well as listed and OTC Corporate bonds.
In my experience many individual investors neglect obtaining an understanding of the basics, thereby relying more than they should on a broker.
It is important to roll up one's sleeves and exert a little effort in order to be successful in the world of investing.


BTW this is a great new forum!!
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I am an active day trader... i am not going to spell it out but i will do my best to point out good info and bad info...

This guy above me may have been a good trader but he has been out of the market for 8 years. the markets are completely different now. He is not a screen trader. he like many stock trader veterans got kicked out of the market by natural forces as they either retired or lost they're money as they never learned to adapt to the screen.

Go read high probability trading. by marcel link.

google 'pro trading course' and Richard Regan

Call them up if u have questions about trading. they might even be able to get u started.

this guy trades his own capital. and fronts u capital.

as much as u need to know the fundamentals. u also need to understand trading works in a simple manner of 'will there be more buyers above this price if i buy here. or will there be more sellers.'

The actual price means very little other than what traders are willing to pay. there is no such thing as too high or too low.. The markets a best read knowing price action and technical analysis. know what trend is and what trend trading is.

Damn it i came here to find out how to build a cloner.
 
Speaker Box D

Speaker Box D

Member
I do a lil' day trading also, not a pro, but what else do you use besides the MACD charts?

i know about volume and a pick being overbought, i usually use stockcharts.com to help do some D & D and am usually around hanging in stockhideout chat.

I love day trading the pennys
 
C

clovergs99

Well-Known Member
Speaker Box D said:
I do a lil' day trading also, not a pro, but what else do you use besides the MACD charts?

i know about volume and a pick being overbought, i usually use stockcharts.com to help do some D & D and am usually around hanging in stockhideout chat.

I hangout in the StockHideOut also.
Click to expand...
 
CrackerJax

CrackerJax

New Member
Well, we've gone to basic stockmarket to day trading ... that's a wide spectrum.

As a basic guideline no matter what how much/little you dabble in stocks, if you want a basic understanding of the global affairs and political/business twists and turns (variables), you should be reading the wall Street Journal and maybe the Investor's Business Daily. I read these each and every day, along with the London Financial Times. In the very beginning it was a tough slog, but after awhile the pieces start to fall in place and then I couldn't wait for the papers to come. I don't day trade so getting the info as soon as it is released is not a big deal to me unless I'm involved with an IPO (which on opening day I do nothing else but keep my eye on it online).

any one or two of thos epapers are a good way to get a foundational knowledge of the market and how the mingling of business and politics plays out in the market.

Enjoy!!! It really is a blast.
 
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