| I'm speechless Quote:
Originally Posted by CashCow oh wow, where to begin lol
well, as they always say dont put in more than you can afford to lose. in your situation i wouldnt put in more than 500. you can start out with 200..in fact id say 200 just to do a trade or two to get a feel how the platform works whichever you decide to use. i have used two platforms
mytradz and choicetrade
id go with choicetrade just because i get 5 or 7 dollars per trade which is better to 18 per trade with mytradz on pennies.
there are some really good educational forums on this board i suggest you do some looking around to check them out. learn charts too.
prepare to get burned when you start unless you get lucky...its just all apart of the game. never get emotional about a stock. be quick...get in get out...be done.
i wouldnt buy into a stock that has dropped..some call that averaging down if you hold a position and buy more as it drops. why buy a stock that is failing? buy at a steady price, or you can just buy high and sell higher if you get to the point where you can get into a run and get out quickly...that is more advanced though. learn about level 2...man i could go on forever ill let someone else take over from here. | Don't even know how to respond to his/her query
__________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind.
Joseph Conrad,
Use your own mind on what to buy and sell!! |