Archive for February, 2010
Looking for finance course focusing on stock trading?
Could anybody recommend an online or local (Utah) finance course with a focus on stock and options trading?
Sometimes a local high school (vocational) offers a basic investments or stock market course. There are a lot of books on the stock market. You can check on amazon.com or your local bookstore. The great thing about Amazon is that they have reviews that can be helpful at selecting the right book that matches your needs and skill level. My dad has been trading for years. It is not easy. He started out with buying stocks and mutual funds. He then went onto call options. Now he is doing more with options. (call and put)
I was Series 7/63 licensed (brokers license) and spent 5 years in investments. I received a lot of training in finance and investments. I also have a business degree. I recently took a graduate finance class. It is complex stuff. I see why they get paid the big bucks, these investment professionals.
So keep that in mind. It may take some time to absorb and understand. It’s not perfect.
If you think that you will learn everything you need to know to get started after one class then you might be mistaken unless you are really gifted, which you might be. I’m not. My dad isn’t. He’s read so many books on investing and the stock market over the years. He’s now in an exclusive investment club. He has a lot of friends that have been investors for decades now. He would tell you that he’s not an expert. There is a psychology to the market.
Get ready for a whole new way of looking at your investments with this trading pro system. You can stop worrying about the economy and the so-called recession because this “underground” trader is about to tell you how…
With Our System You Can Make Money from the Stock Market DURING the Recession… No Matter How Bad the Economy Gets!
It’s time to STOP watching your portfolio shrink, and START doing something about it!
Learn More About Stock Trading by taking Trading Courses
Warren Buffett is the best investor ever. I would read a book that he’s written if you want to make money.
Stocks are subject to high risk. You can make a lot of money but you can lose too. Options trading is even riskier and should only be done by experienced investors because you need a margin account. Not everyone can get a margin account. You need so much capital and again, experience.
You have to understand the risks involved.
I’m sorry if I seem condescending. I don’t mean to at all. I don’t know you and by your question, I can’t tell anything about you. How much experience do you have with investments? Do you have a 401K or IRA?
I don’t know of any online courses unless you go with a college course. Usually finance courses have prerequisites before you sign up. I took an Investments and Security Analysis class at Bentley College after I graduated from college. I took a Managerial finance course a few months ago in an MBA program. It was tough. I learned a lot about options when I was studying for the Series 7 and Foundations in Financial planning exam.
I’ve gone to financial seminars. I know what they are about.
where can i trade stocks online without being an american citizen ?
i mean global stock trading for someone who doesn’t reside in the usa nor is a citizen ..
The answer is yes, but it is not as simple as it should be. You need first to get a ITIN number. File form W-7 to obtain that. Then you need to get an on line brokerage firm to accept your application. Some will only accept applications from non-U S citizens that are applied for in person. You will need to check around. Then you must fund the account before you begin trading.
Get ready for a whole new way of looking at your investments with this trading pro system. You can stop worrying about the economy and the so-called recession because this “underground” trader is about to tell you how…
With Our System You Can Make Money from the Stock Market DURING the Recession… No Matter How Bad the Economy Gets!
It’s time to STOP watching your portfolio shrink, and START doing something about it!
Learn More About Stock Trading by taking Trading Courses
What stocks have you personally invested in recently and made profits?
What stocks have you personally invested in recently and made profits? How much of a percentage did you earn on these stocks?
Get ready for a whole new way of looking at your investments with this trading pro system. You can stop worrying about the economy and the so-called recession because this “underground” trader is about to tell you how…
With Our System You Can Make Money from the Stock Market DURING the Recession… No Matter How Bad the Economy Gets!
It’s time to STOP watching your portfolio shrink, and START doing something about it!
Learn More About Stock Trading by taking Trading Courses
Recently I bought Praj Industries at 85 and sold it at 95 and made 12% return
What is the best success you had in investing? What are you method to invest?
I am interested in finding out what types of investing people do and the greatest success they had over a period of time. I am not interested in someone trying to sell me a product. Also, I am interested in finding out any failure they may have had in investing.
I’ll tell you about some of my failures, you’ll certainly learn more from them!
When trying to pick the bottom of a stock that’s fallen a lot, don’t buy your whole position at once! I did that when I bought Kohl’s, KSS, at $60, and then it proceded to drop past $50. I eventually sold it around $49 I think, when in fact I should have been starting to buy some more around there. The point is you never know how low a stock price can go, so it’s best to not to put all your money in all at once, because your timing might be wrong.
Is there anyone out ther who can recommend a trading system or course to a novice like me?
I started with my trading in the FT100 and had bad experince – a significant loss in the last month. Any help or guidance welcomed.
Investopedia…..definitely…..especially now that automation is replacing good paying jobs. You gotta fight for every inch of your savings now. The better you get at it, the better off you are gonna be. It is all about being smarter and faster than a hedge fund, so when they get in, you get some of the profit! Little by little.
How do I start to buy, sell, and trade stocks online?
There are more methods of trading than you can shake a stick at. Options, leaps, spiders, puts, calls, spreads, stradles, futures, currencies, equities and on and on and on.
Get some books and some reading. Start paper trading. That means trading on paper only. Not actual trading. Its called practice and you need a lot of it.
I got most of my education the hard way but I also had a mentor to guide me a little. Find your self a mentor who will help you out. You can also look for an investment club to join.
Don’t try to learn everything about every stock. Pick no more than 3 and study them very carefully. Most successfull investors are only in a very few things. Its too hard to keep up on everything.
One individual that I know of is in gold and oil only. He makes about 40,000 dollars an hour. He of course has a very large nest egg to work with.
Read a lot of investing books. Most are a real snore. If you can prop your eyelides open and get through some, and then make some profit from it, your on your way. Suddenly its no so much a snore any more. It starts to get exciting.
Start small, work you way up. You can learn as you go. When you have a little money, you can’t do too much too sophisticated. As your nest egg grows you will discover your investment knowledge grows. After all if your money is on the line, the more you have the more reason you have to learn FIRST. Lose a few times and you will catch on to what I mean.
Yes you will lose a few times. Get used to the idea now cause its gonna happen.
You should have 3 brokerage accounts. One for high risk things, one for regular trading. And one set in cement safe conservative investing.
Start with your safe account, get it through a full service broker who is located in your area. Some one you can see face to face. Use that for your retirement and the bulk of your nest egg. This will be your fort of strength to work from.
Next a regular trading account for getting in and out of securities and with some limited options writing (covered calls only)
Next open your self an options account for options trading when you are ready.
As you pull in money from any of these ventures move it to your fort. Put it in your ROTH or IRA. Your fort should have just things that have stable prices and regular dividends for growth and income. Once its big enough, you are independantly wealthy. If you dedicate your self to it, It can take about 7 to 10 years to get out of debt and another 7 to 10 to have your income exceed your out go.
I retired at 45. So it can be done. Lots of others have done it too.
Learn as you go, go as you learn.
What stocks currently have good profits on a weekly basis?
I am playing a stock market game at school and I would like to know some stocks that will make me good profits in a short period of time. I have about six weeks left and $100,000 of pretend money. So far I bought BIDU and SIRI and have made nice profits from BIDU. I recently bought SIRI because of the possible merge with XM. Thank you.
I think you have to play real go-go names if your time frame is that short. Look for mergers that might occur or short those that break-down. Commodities and Tech are where there’s lots of interest. You should also look at the earnings calendar and try to play possible outperformance.
what is the New York Stock Exchange’s trading limits?
i read an article before but couldnt remember the detail. can someone explain to me what is it? I only knew that if the stocks drop so many points (like today) during certain time of the trading day, the stock markets would put into halt. something like that.
this site will have all the information you need…
How do you go about investing in a stock?
I am in my early twenties and want to get started with investing. What are some resources that are available to learn about investing?
The best is to get started a soon a you can. The best way to get started is by hiring someone to do all the trading for you. Make sure that he has a team of professionals. Check what kind of rate of return they have being getting for the last 20+ years (you want returns of 10-12% per year).
In other words to get started investing on mutual funds. That meet the perfornace that I mentioned above. In a mutual fund you have a diversified portfolio that will keep you money in good investments. The mutual fund industry is highly regulated. The day you made all the research that you need and you feel comfortable managing your own portafolio just do it.
This is a good simulator for stock trading:
http://simulator.investopedia.com/?viewed=1
http://www.investopedia.com/
If you want to take it easy invest in mutual fund for the rest of your life and you’ll be just fine. I have umbelievable resources on ivesting in my blog.