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On line trading?

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Old Apr 30th 2009, 11:49 pm
  #1  
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Default On line trading?

Does anyone do it? Who do you use? Hints and tips?
Cheers
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Old May 1st 2009, 7:07 am
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Default Re: On line trading?

Originally Posted by hevs
Does anyone do it? Who do you use? Hints and tips?
Cheers
Don't live trade until you have demo account traded for at least a year. 96% of traders lose their first account. Loads of demo accounts available, just google it.

Google the Babypips website and read the school stuff before you start demo trading.

Don't pay anyone for any trading techniques, learn everything yourself through demo trading and reading books.

Hope that is enough to start with.

Good luck.

Last edited by barney41; May 1st 2009 at 7:29 am. Reason: added a bit
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Old May 1st 2009, 9:57 pm
  #3  
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Default Re: On line trading?

Thnak you. I found one last night and had a play.
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Old May 2nd 2009, 4:45 pm
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Default Re: On line trading?

Originally Posted by hevs
Does anyone do it? Who do you use? Hints and tips?
Cheers
I bought a load of books from Narre Warren library on trading, well -known author - last winter before the market collapsed.

For the trading side, if not the online side.
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Old May 2nd 2009, 4:47 pm
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Default Re: On line trading?

Originally Posted by BadgeIsBack
I bought a load of books from Narre Warren library on trading, well -known author - last winter before the market collapsed.

For the trading side, if not the online side.
You need to treat trading like any other business. Most people see the market as a 'get rich quick scheme' but thats definitely not the case. Its the same as any other profession, you will take years to get used to it and there is a huge pyschological side to it if you are doing it as you only income.

Do a lot of research before starting, and only invest what you can afford to lose, because you will lose it eventually, everyone who starts out blows up an account or 2 before they get the hang of it.
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Old May 3rd 2009, 9:44 pm
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Default Re: On line trading?

I figure warren buffet's berkshire shares are a very good buy... But you'll need USD92,000/share to get in. They bottomed out about USD10,000 ago and are only going up now.

ymmv
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