Can anyone give me good advise on trading stocks?

Question

what is a fair amount of money to start with and what types of stocks would be the most beneficial in making a profit? And, what are the advantages of buying penny stocks?

Thank you

Answer 1

A "fair" amount of $ to start with would be 2-3K dollars minimum. This will allow you to have a diversified portfolio with 4 to 5 stocks and roughly $500-600 in each company's shares. This will still make it tough to turn a solid profit since a 10% gain in one company will yield a $50 profit. If you can muster $10K this will be much better.



As for which stocks to invest in I'd advise you to check out Investor's Business Daily or the Wall St Journal online to get a feel for the trends. Stay away from penny stocks as most are pump-and-dump schemes.



If you are hard up on cash might I recommend googling DRIP and picking a company and placing your money in suhc a porfolio. Proctor & Gamble is a solid longterm place to park your money.

Answer 2

I think there are many answers to that question but I believe getting the accuracy in selecting stocks for investing is of the upmost importance. Everyone knows about the old saying with regards to computers which goes "garbage in, garbage out". I have decided that a stock trading robot would have to be developed by someone who knows the complex thinking and analysis involved in the stock market. A basic understanding of the stock market would not be sufficient to create a good stock trading robot. This of course basically means that the computer has to get good information to get some decent results.



So the individual or individuals who developed a stock trading robot would have to have a good grasp of computer technology as well as a background in the stock market. A good combination would be a computer geek and a stock market expert. So my interest was piqued when I read that there is such a product available to the public.



Just like most people who have an interest in making a profit in the stock market I have been looking into this product in some detail and to my surprise it seems to have some promise. It does not have a long history which is one question I have but on the other hand getting the information generated by this stock trading robot is not expensive. The product has only been available since the beginning of 2007. Also, as with many available products, you can try the picks generated by the robot during a trial period. I have decided that of all the products I am considering to supplement my retirement.



I have used the stock trading robot Marl as a "tester', which was offered to me by the developers, and it may have some promise. It certainly seems to have a good track record to date. Have you ever wondered how to be successful at picking good stocks to invest in? I think this is worth the investment that I have made. Cheers! Daniel Tay ([e-mail])

Check it out at http://tinyurl.com/2tw8b5

Answer 3

Investing in the right penny stocks is one of the most lucrative ways to make money in the stock market. Learn here https://tr.im/N425p



Tiny companies are a great way to make a fortune off of the stock market. Every trading day one thing’s almost certain: the biggest gaining stocks are bound to be penny stocks. The profit potential of penny stocks has been turning heads for some time now.

Answer 4

99% of money losses are from folks like yourself.Now is not good anyway as the market is going down and not yet hit bottom.£5000 is min as the risk is too great for a small return.Penny stocks only get involved when experienced,Safe stocks like banks first.If you are going to be silly and invest,than from now until christmas,set up fantasy share portfolios and see how much you have by christmas.This will wake you up to the reality.Start with 10 stocks at £5000 each and buy and sell as you please,no cheating,take off spreads and commisions and see how it goes.Use real money from Jan 2009

Answer 5

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14

Answer 6

Listen and listen very carefully,



You can start and do very well with $1,000 now thats not much to save and with the right stocks you will double that in no time and then double that ect, you need to research good stocks, i am using a stock picking service at the moment and they are very good, they will give you a free trial offer if you are interested and you wont regret it.

Answer 7

1. my tips : have a plan before investing and stick into it

2. there is no fair amount as long as it is a spare money and higher than the min amount to open a trading account, it would be okay

3. high risk high return

4. they are cheap

Answer 8

there are a LOT of dodgy companies, stick to the well known ones.



high profit = high risk.. so thats up to you..



some of my shares are in a supermarket, since everyone needs to eat. They aren't the best if you wanted short term, BUT they did better than my bank.. with LESS money. My financial advisor at the bank got told "so your a bank.. your supposed to be making me money, why am I paying YOUR shareholders / staff morgages"



some companies rollercoaster , so thats up to you.. i mean SERIOUS dip / peak.. you need to do research into their values from over a few years.

Answer 9

If you want to make money with binary options then this detailed educational articles and strategy guides. Go here https://tr.im/NTlHt

These will teach you to efficiently trade financial assets and increase your winning probabilities. You can implement these strategies at binary options brokers. The idea is to always choose legit and reputable brokers to avoid being scammed

Answer 10

the best trading software http://tradingsolution.info

i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.

if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 11

You need to attend free seminar of some companies to get more useful information. I give you some companies information as below.

http://www.wininvesting.co.uk/INT/?pop=1⊂=

http://www.tradersuniversity.co.uk/landingKT2901TGG.html

http://www.Stock-Logic.com

www.advancedget.com.

Reply me if you like it.

Best luck.

Answer 12

invest in property aboard