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buying stocks and shares
i want to buy shares at home,i dont want to be a big money gambler, i want to "play" at it!!
i want to learn how to do it myself but i could do with someone giving me advice in layman terms and also point me in the right direction of sites to go to!
thanks in advance.
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(Sun 19:13 18/Jun/06)
www.fool.co.uk www.advfn.co.uk www.trade2win.co.uk www.elitetrader.com http://www.hardrightedge.com/ First advice I would give, you need money to play. Second piece of advice, it's not something to play at. Try taking out a play market account, or keeping a detailed journal of trades you would make and why. Paper trade for at least 6 months and make sure you are winning before committing money - if you gamble you lose, you must develop an edge over the other guy. It's a zero profit game out there. |
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(Sun 19:58 18/Jun/06) Also when you are confident to go ahead and invest only use money you can afford to loose, it is a form of gambling and it is easy to get deeply involved i.e. chasing losses.With over 30 years in the business the best advice apart from the above I would give is that its a lot easier to take a small profit than to bear a large loss. |
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