[Enronitis]

Hmm. Alright understandable. Well o am in school for 6 hours so I'm mobile. But I can read stuff. Do you think you could link me to some good articles you found useful about learning to trade and the basics? Would be super helpful. :)

https://hackforums.net/showthread.php?tid=4374546
Everything listed there.
You might also find the following useful/interesting

http://www.nasdaq.com/investing/start-in...g-1000.stm
http://money.howstuffworks.com/personal-...stocks.htm
http://finance.yahoo.com/education/stocks

[.Reef]

https://hackforums.net/showthread.php?tid=4374546
Everything listed there.
You might also find the following useful/interesting

http://www.nasdaq.com/investing/start-in...g-1000.stm
http://money.howstuffworks.com/personal-...stocks.htm
http://finance.yahoo.com/education/stocks

Awesome will start the read now. Thanks man. Great help desk

[Enronitis]

Awesome will start the read now. Thanks man. Great help desk

Good luck!
If you have any further questions let me know!
🤝

[12Chainz]

Which online broker do you recommend(for stocks)? Like in terms of fees, and platform.

This is for someone who has 1k to start with. My current site has a flat rate and I'm wondering if there's one that offers a better rate.

[Enronitis]

Which online broker do you recommend(for stocks)? Like in terms of fees, and platform.

This is for someone who has 1k to start with. My current site has a flat rate and I'm wondering if there's one that offers a better rate.

I personally use https://www.merrilledge.com/
A lot of people I know use etrade and have had no issues with them, and I used them for a time as well.
In the end the commissions are generally around the same amount $7-$10, and each broker is basically the same. It's just up to personal preference.

[.Reef]

I'm really interested in this. I have started reading all the links you posted and am going to do a ton of research. Its actually perfect because I have a lot of expenses right now so I can not afford 500$ to start investing. So I am going to study, and practice for a few months while I save up. right now I signed up for a practice account on investopedia. Do you think this is a good choice or should I go with another site? Also. Do you look up news on certain companies stock on google or is there a nifty site that updates with the latest news and happening.

[Enronitis]

I'm really interested in this. I have started reading all the links you posted and am going to do a ton of research. Its actually perfect because I have a lot of expenses right now so I can not afford 500$ to start investing. So I am going to study, and practice for a few months while I save up. right now I signed up for a practice account on investopedia. Do you think this is a good choice or should I go with another site? Also. Do you look up news on certain companies stock on google or is there a nifty site that updates with the latest news and happening.

Investopedia is a great site and their simulator will do you just fine; one of the best.
Finance.yahoo will quickly become one of your best friends for sure:
http://finance.yahoo.com/q?s=GOOG

But, I do also google around to see what's going on with companies.

[phybeя]

I have been looking into seriously learning about Stocks for a while now but Forex also intrigues me. Do you have any experience with Forex and which would you recommend I choose? Trading capital isn't really the issue, it's more of choosing which one to devote my time to.

Edit: Just saw your post here which pretty much answers my question: https://hackforums.net/showthread.php?ti...id43579478

But I'm still curious what you think. I'm looking for more of a short term/high yielding return.

[Enronitis]

I have been looking into seriously learning about Stocks for a while now but Forex also intrigues me. Do you have any experience with Forex and which would you recommend I choose? Trading capital isn't really the issue, it's more of choosing which one to devote my time to.

Edit: Just saw your post here which pretty much answers my question: https://hackforums.net/showthread.php?ti...id43579478

But I'm still curious what you think. I'm looking for more of a short term/high yielding return.

I have some experience with Forex, not a whole lot though and I in no way consider myself an expert or a professional at it.
Personally, I think Stocks are worth the time moreso than Forex is especially for someone just starting out, you can take a million different positions at once, some long terms, some short terms, some swings, some days, whatever. If you want to just passively earn money, you can do that. If you want to actively trade, you can do that.
For a short term/high yield you'd want to do some research and effectively learn the market and go for some basic swing trading, or even day if you're comfortable enough. You can make quite a lot of money very very fast so long as you know what you're doing.

[bugGG]

I've read about people just price action trading with no indicators. How in the world is this possible?

[Enronitis]

I've read about people just price action trading with no indicators. How in the world is this possible?

Depends what your official definition of an indicator is.
If they glance at a chart, just don't plot certain items on it, or look at its MA's/Trend lines or anything else on it..it's completely possible to execute good trades.
If no charting at all(which wouldn't make sense as price action sort of requires some chart, or at least historical price values), a mixture of pure fundamental analysis works too when paired with general trend. Look at a companies financials, products, etc and depending on that execute a trade. It's obviously not perfect and this would really only work for long-terms for the most part, but it can work.

From my understanding the best way this would be possible is just pattern trading, if they're able to effectively determine a companies fluctuations they can execute off of time period rather than price itself.

Actually the more I think about this..the more interested I am in this. Fuck my above speculation, I'm going to do some proper research and find out what is being employed here.

EDIT: Totally slipped my mind the whole ideal of behavioral trading even though this is something I do on a daily basis, people are psychologically scared of whole number, especially on a stock breakout.
So if a stock is at $29, people will sell thinking it can't possibly make it to $30.
Part of price action trading is this bet, because once it DOES break that $30, it'll generally shoot up a bit more as investor confidence grows.

I'm not at all satisfied with my above answers. I'm going to do some reading and talk to some traders to get a real idea of their personal preferences with this. I personally am not too versed in behavioral stuff and this is a good chance for me to learn some more, I'm a big straight tech guy, I like my indicators, I like my patterns, I like my financials..

[LaFerrari]

My business teacher set up a stock market game on Market Watch and he gave us $100,000 start up money and until February 27, 2015 to get as much money as possible.

What I have so far.. lol
Spoiler (Click to View)

I'm going to need some advice on what to do as I'm VERY new to this.

[Enronitis]

My business teacher set up a stock market game on Market Watch and he gave us $100,000 start up money and until February 27, 2015 to get as much money as possible.

What I have so far.. lol
Spoiler (Click to View)

I'm going to need some advice on what to do as I'm VERY new to this.

Good ole stock games
My first point of advice is for you to do some research if you find it interesting. Check out my thread https://hackforums.net/showthread.php?tid=4374546 to learn some of the basics and get some resource links.
If you're purely asking what to invest in to win the game..well that's on you mate. It's an exercise for you to learn, so get on learning..
Though TASR might be a winner for you if you can get in and get out properly.

[.Reef]

So, I have a game set up on marketwatch with a friend for 6 months. During the time I am going to be also researching and studying to eventually do this daily.

I will most likely start real with wither 500-2k. My question is with such small amount of starting capital, would it be beneficial to buy a large amount of cheap shares? For instance would it be better to buy 40 shares of groupon at a cost of 7.49 per share? So total would be 300. Or would it be better to buy 2 shares of say apple for 115. Im going to guess groupon as a change say $.40 would amount to $16 rather than $.80. But im just making sure.

[Enronitis]

So, I have a game set up on marketwatch with a friend for 6 months. During the time I am going to be also researching and studying to eventually do this daily.

I will most likely start real with wither 500-2k. My question is with such small amount of starting capital, would it be beneficial to buy a large amount of cheap shares? For instance would it be better to buy 40 shares of groupon at a cost of 7.49 per share? So total would be 300. Or would it be better to buy 2 shares of say apple for 115. Im going to guess groupon as a change say $.40 would amount to $16 rather than $.80. But im just making sure.

It's definitely more beneficial to buy more of a cheaper stock than less of a more expensive stock.
Go for the cheaper and you'll be able to earn more.