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A group for beginning investors to ask questions and learn the ropes and learn from the collective knowlege of the TK community.

Active Since 02/18/08

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StefanMcVeigh

Member since: Jun 07
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Age: 20's
Charlotte, NC
StefanMcVeigh TradeKing Staff Member
Posted August 26, 2009 (04:29PM)
drai,

The brokerage account label is when the member also holds an account here at TradeKing. We use these labels so that individuals are able to determine if the post is coming from a TradeKing client. "Network Account" would be displayed if the individual does not have an account here yet. Welcome to the Trader Network! I'm sure you will find a lot of other investors like yourself who are interested in furthering their knowledge of the investment world. If you have any questions please let us know. You will also find that while we do offer groups the forums are another area with current activity.

Best regards,

Stefan McVeigh
TradeKing Customer Support
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DuwStocks

Member since: Aug 09
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Brooklyn, NY
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Posted August 31, 2009 (03:16AM)
Hi Folks. I am a newbie to trading...I dibble dabbled a bit with sharebuilder for about 2 years, but I was just completely clueless. I just recently took a Rich Dad series Investing workshop and now I'm pumped....Now I'm ready to learn and learn some more, but I will help others as well along the way.....


I have a newbie question........many sites I go to ask about "what kind of investor are you?"  I have no idea how to figure this out......

I believe I am correct in saying:
At this time, I will focus on short term trading to try to build my immediate capital. Then I will slowly bring in some long term trading. I would like to be at a point where I am probably 65/35 short/long......(If this last thing made any sense).....thanks for the help...
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gdogg1970

Member since: Sep 09
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Posted September 12, 2009 (02:48AM)
Hi everyone.. I'm new to this trading. I have absolutely no experience in this. I've been interested in it for sometime now but lacked the confidence to give it a try atleast until i read Weinstein's Secrets for Profiting in the Bull and bear Markets." I'm still very nervous about it and really cant afford to loose the $$ either..anyway you never know if it will work unless you give it a shot.
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Colindy

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Posted September 17, 2009 (07:18AM)
Well well well.  So I've never done anything concerning the stock market before.  I'm thinking my first deposit into my brokerage account is going to be around $50 to $100.  I know it's not a lot but I don't want to get too crazy with it and end up hurting myself more than helping.  I'm thinking possibly starting off with some smaller priced shares.  Possibly in the $1.50 to $3.50 range or lower.  From what I have been able to gather, it seems as though a big part of it is noticing trends and whatnot.  Any sort of advice would be wonderfully and graciously accepted and appreciated.  I know there's a lot of potential I just need to know how and where to recognize it.
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Pockets

Member since: Jul 09
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15 Day -0.66%
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Posted September 19, 2009 (09:47AM)
Hi everyone, I am pretty new to investing, been in it for about a year. Watch the low dollar stocks because they are usually low dollar for a reason. that is not to say that you cannot find some but watch what you are chosing. The main thing I have been trying to learn is how to evaluate stocks and I have found James Cramer's Books to be helpful. Whether you like his way of investing or not he lays out the way to evaluate stocks in a clear and understandable way.

Also if you only have limited funds watch the market timing. Right now the market has had a good multi day run up, so pick your stock and wait for the market to pull back. When the stocks you like drops in price 5%-6% jump on it. At least, that is what I do.
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ChantillyLace

Member since: Sep 09
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Age: 50's
Meridian, Idaho
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Posted September 22, 2009 (09:27AM)
Ok, Ok,...breath.....I can do this right?  I'm very new to all this investing stuff, infact this is my first time, I just funded my account and I'm ready to buy my first stocks....So my question is how do you find stocks to buy? I dont have much $$ to start with, so I'm probably looking to start with penny stocks, but I dont know how to search for them or evaluate the risk. I want to jump right in and get going, but I dont want to be dumb about it. My immediate goal is to grow my portfolio, my long term is to make sure I have something to retire on besides social security, the problem is I'm not so young anymore so I need to grow it kinda quick but a not be foolish or greedy. So any help and advice you all can offer will be greatly appreciated.
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Anpan_Lover

Member since: Sep 09
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Student/Part-time worker
Age: 20's
Waipahu, HI
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Posted September 23, 2009 (02:26PM)
Hi everyone, I'm very VERY new to investing, and I've done my research......but investing in stocks (I plan to invest in index funds) still seems scary :0 Especially since the economy doesn't seem to be in good shape, plus I live here in Hawaii and we're lagging behind....

Any advice on this would be really appreciated.
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RAB51979

Member since: Sep 09
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Posted September 23, 2009 (05:01PM)
I too am brand new to investing. I've started with a fairly small amount to trade with so will buy low priced stock to start. What are some opinions on penny stocks? Is it possible to make money with these in a short amount of time? I've heard stories of buy a large amount of shares let them rise a few cents and sell, then turn around and do it over again. But does this really work?
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ChantillyLace

Member since: Sep 09
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Age: 50's
Meridian, Idaho
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Posted September 24, 2009 (12:41PM)
Looks like its just us newbies talking on here...
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StefanMcVeigh

Member since: Jun 07
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Electronic Customer Support at TradeKing
Age: 20's
Charlotte, NC
StefanMcVeigh TradeKing Staff Member
Posted September 24, 2009 (01:08PM)
ChantillyLace,
 
You might find that the forums offer a better opportunity to have your questions answered. While the groups do have some activity the forums has more participation and are much more active.

Best regards,

Stefan McVeigh
TradeKing Customer Support
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ChantillyLace

Member since: Sep 09
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Age: 50's
Meridian, Idaho
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Posted September 24, 2009 (01:37PM)
Thank you Stefan. :-)
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HENRY007

Member since: Aug 09
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Seattle, WA
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Posted October 04, 2009 (04:26AM)

A small advice to some of my fellow beginners in stock trading: Look for some brokers or brokerage that offer free "paper money" or "virtual trading". This is a good practice in getting yourself acquainted with the various rules, terminologies and other procedures in stock trading, without spending your hard earned money. This "paper money" works just like as if you are trading in the actual world. Once you got confidence or have acquired the skill in various strategies, then you can start putting in your real money or "funding" your account. Unfortunately, Tradeking does not offer this valuable educational exercise to new beginners. I hope they should have this feature in the near future. Good luck and remember, don't fund your account if you are still not educated on the mechanics of stock trading.
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A NewKing 1

Member since: Aug 09
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Posted October 21, 2009 (03:32PM)

DuwStocks said: Hi Folks. I am a newbie to trading...I dibble dabbled a bit with sharebuilder for about 2 years, but I was just completely clueless. I just recently took a Rich Dad series Investing workshop and now I'm pumped....Now I'm ready to learn and learn some more, but I will help others as well along the way.....


I have a newbie question........many sites I go to ask about "what kind of investor are you?"  I have no idea how to figure this out......

I believe I am correct in saying:
At this time, I will focus on short term trading to try to build my immediate capital. Then I will slowly bring in some long term trading. I would like to be at a point where I am probably 65/35 short/long......(If this last thing made any sense).....thanks for the help...

 Hey there, im new at this, only 3 months. I was going to do the Rich Dad class but couldnt make it. How did you like it? was it informational? how much did you know before going?  Thanks for your time!!
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miracleboy540

Member since: May 08
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Posted October 22, 2009 (06:11PM)
How do people feel about the current market conditions?  Does anyone feel like this recession is really over or is the market going to head back down again in the near future?
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bigstock2001

Member since: May 09
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Posted October 25, 2009 (09:51PM)
I am fairly new to tradeking and was wondering if any one knew of a way to search stocks by industry and sector groups.  If not able to do this with tradeking were would be a great place to do this at.  I am trying to be able to compare stocks within an industry.  Thanks for any help anyone could give me.  Thanks
Don
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TheNewsDirector

Member since: Oct 09
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Posted November 05, 2009 (01:53PM)

I'm new and struggling to learn as fast as possible. Just when it looks like I'm beginning to understand a thing or two, something happens that makes me feel like I've learned absolutely nothing. Today, APAC reports earnings that, if I read correctly, exceeded expectations. Why then did the stock fall off a cliff this morning? What is it in the numbers that caused everyone to run away? Anyone? Bueller? Bueller?
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Kamaro1

Member since: Mar 09
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Government Worker
Age: 50's
Washington DC,
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Posted November 11, 2009 (04:06PM)
APAC sounds like a classic case of "buy on the rumor, sell on the news".  Nothing unusual there.