going out on a limb.warnings heeded.whats a good first time stock to invest in? no hype please.regards eagleman ~+~
Posted by Machiavelli on :
word of advice don't ask for a stock tip on a forum because it will only be a hype/pump/dump stock. Do your own DD and search for a stock yourself. Use you a stock screener with your criteria to look for any. And no offense if your asking us for a stock tip then it doesn't sound like you have a clue about trading much less investing and perhaps you should read a book or two on trading. Below are three book suggestions:
A Beginner's Guide To Short Term Trading by toni turner www.toniturner.com
How I Made $2,000,000 in the Stock Market by Nicolas Darvas
Posted by goldeneagleman on :
advice taken. thanks, eagleman~+~
Posted by Squire38 on :
To add to that, paper trade, paper trade, paper trade, until you get a system that works for you.
Posted by Machiavelli on :
don't rely on papertrading because one thing papertrading lacks is : Emotion. In papertrading you lack emotion because in your mind it's not real money so you do not show fear nor greed. But once you open a real account you will show those emotions and you will make bad trading decisions because of them. When you papertrade you have to act as if it's real money. When you start trading real money you have to be emotionless as possible. Both in papertrading and real money trading. I forgot to mention that you can use this stock screener for free: