Stock Trading and Other Things

I am new to the stock market. Does anyone have any tips?

I am just starting out and got my account setup today! Yippeee. I have 10K to invest. Does anyone have any suggestions on stocks to buy or avoid? I would like to try and do a few day trades to get some more money before looking for something really long term, but I am open to suggestions.
thanks!

Public Comments

1. trust me invest in as many stupid things there is
the stupid things always work out trust me

2. Day trading is on par with playing craps at the casino. Have fun, but don't bet more than you can afford to lose.

Stay away from "financial advisers." The best advice they offer is how to line their pockets with your money.

Research low cost, high performance mutual funds such as offered by Vanguard. Buy thru on line trading business like Ameritrade. Then send new money monthly, no matter what the Dow is doing. Do this for many, many years, and you should realize about an 8-10% return, maybe. With a bit of luck.

3. If you are asking this question on this forum, perhaps you should not be investing. I am saying this not to insult you, but to protect you from losing your money. Do not read any of those hot stock tips e-mails and do not follow them. But if you really want to start somewhere you may want to look at index ETFs, these are baskets of stocks, but can be traded as a single stock. Considering recent stock market performance you could day trade them, since market almost predictably goes up, then down, then up again.
Examples of ETFs are
SPY -- S&P 500
QQQQ -- NASDAQ 100
EEM -- Emerging Markets
IWM -- Russel 2000 Index (Small caps)
DIA -- Dow Jones Industrial Average
These are a few examples, there are many others.
These behave just like indexes. DIA always costs about 1/10 of DOW Jones Index value. So today, DOW is at 8576, DIA will cost 85.76, if DOW goes up, DIA goes up etc. Go on the Internet and search for ETF (Exchange Traded Funds).
Anyway, remember it is not as easy as it looks. And please, do yourself a favor and do not follow any HOST STOCK TIPS. You will lose all of your money.

Good luck.
Good luck.

4. Learn everything about stocks and stock market before you invest all your money there. Its not a child's play..you can lose all your money and then regret all your life. Here's a link to few online courses:
http://www.ed2go.com/coursegroup/personal-investment.html

They will help you understanding stocks. Moreover, they are instructor-led courses, so if you gace any problem, just go ahead and ask instructor for an answer.

Good Luck!

5. One of the worst mistakes you can make is listen to other people's tips about which stocks to buy.

You can usually find as many good reasons for buying a stock as for selling it. And when you listen to other people's tips. Then you end up hearing only the positive side of the argument. And your chance of success in such a situation quite often is no better than random.

To make good trading decisions you need to consider equally both positive and negative arguments. And that's something you can only do on your own. Because people who give stock tips have already made up their minds. And their arguments are biased and one-sided.



6. U need an expert like me in your corner. This year my account is up 93% while most investors are losing money. If u try to do this yourself u will lose money. I have traded for 15 years. If u need my help in picking winning stocks I am here to help. Good luck
mystocksgoup@yahoo.com

7. Hello
I am a fund manager living in Greece. You could invest in options on futures, indices, or forex crosses. Your funds are being managed by my company. Also i can give you signals to buy a call or put option on selected companies of S&P 500 for a monthly fee. These signals are being applied by you in your own account. The only thing you must do is to select a brokerage firm. For more information please let me know. My email is forextrade1970@gmail.com and my mobile phone is 306949142148


Thanks
George Geroulias
Fund manager

8. Well, as you can see there is always lots of advice. Try this, learn as much as you can:investment books (current editions),free course on the internet,information on investment websites,watch shows on the one of the business channels,etc Your probably anxious to get started,so buy something that is unlikely to hurt you too much(like WalMart) or a decent mutual fund or ETF.But if you can be patient concentrate on learning,this a market that has a lot of people on the sidelines maybe you should be too.

9. I think you should invest in Short slot as if in the near future stock market get bomb -bastic, then you will not bear huge loss...you can see share prices on Profit.ndtv.com