Just wanted to say hello to all my fellow future millionaires! I am a newbie and am extremely grateful to anyone with friendly advice. I recently signed with Etrade and have a $1000 account. Thanks in advance.
Joe
Posted by Jeff G. on :
Can't do much with only 1000 bucks these days -- well, you "can", but it may take a while... Though, never invest more than you can afford to LOOSE!
Posted by Dardadog on :
Greetings. Best advice. Establish some trading rules for yourself and never....ever....break them. Such as, don't chase a stock....and don't be greedy. Playin' the pennies is kinda like cookin' microwave popcorn. When the poppin' slows down, get it out or it will get burned. Good Luck with it.
------------------ Due Da Due......But Be Quick About It!!!!!
DaDog
[This message has been edited by dardadog (edited June 12, 2004).]
Posted by drjtk76 on :
Hey Jeff, Thanks for the advice. Hopefully, I'll learn early on the penny stocks and add to my bankroll from time to time. What type of stocks interest you? How long have you been trading?
Joe
[This message has been edited by drjtk76 (edited June 12, 2004).]
Posted by drjtk76 on :
[QUOTE]Originally posted by dardadog: [B]Greetings. Best advice. Establish some trading rules for yourself and never....ever....break them. Such as, don't chase a stock....and don't be greedy. Playin' the pennies is kinda like cookin' microwave popcorn. When the poppin' slows down, get it out or it will get burned. Good Luck with it.
Hey Dardadog, Thanks for the great advice. E trade is charging me $9.99 per trade right now but I don't know how long it will last. How did you get started and how do you know what stocks to watch for that particular day?
Joe
Posted by Dardadog on :
I play momentum mostly. If it's movin', I'm on it. Everyone has a system. Mine works pretty well. A group of sites that I use regularly to crossreference to very quickly.
------------------ Due Da Due......But Be Quick About It!!!!!
DaDog
Posted by TenaciousDoll on :
Joe, ClearStation web site has a screener where you can check the best volume gainers and best overall gains for the day... you could load up the web site when the market opens, and refresh throughout the day when you have time. try this: http://tinyurl.com/386gq (that's the link to the ClearStation web site)
Posted by drjtk76 on :
quote:Originally posted by TenaciousDoll: Joe, ClearStation web site has a screener where you can check the best volume gainers and best overall gains for the day... you could load up the web site when the market opens, and refresh throughout the day when you have time. try this: http://tinyurl.com/386gq (that's the link to the ClearStation web site)
Hello TenaciousDoll, I'm going to check out that website right now. Thank you very much.