bdams19 0 Posted January 12, 2006 Share Posted January 12, 2006 Anyone here interested in trading stocks or the stock market? I'm just starting a venture with my friend who has already been successful and it seems really interesting. Right now I'm on ameritrade, anyone else do this? Link to post Share on other sites
Dirtydutch 8 Posted January 12, 2006 Share Posted January 12, 2006 Use Scottrade. Link to post Share on other sites
bdams19 0 Posted January 12, 2006 Author Share Posted January 12, 2006 Well thanks for that, but I got 20 free trades from ameritrade so I'm still using those. It's only 9 bucks a trade anyway, not a big deal. Link to post Share on other sites
HoosierAlum 0 Posted January 12, 2006 Share Posted January 12, 2006 I was a finance major and I would consider investing my second favorite hobby next to poker.Tip of the day: Start investing in international markets/companies. (India) Link to post Share on other sites
mk 11 Posted January 12, 2006 Share Posted January 12, 2006 I trade bonds for a living, so yeah...you could say I'm interested in markets.Indices look like they want to break out. I'm still bearish on the economy, so I'm not loading up on stocks or anything... Link to post Share on other sites
mk 11 Posted January 12, 2006 Share Posted January 12, 2006 Much of the current stock bounce is being attributed to speculation that the Fed is close to pausing on interest rate hikes, but I'd be careful with that. Rates are still historically low, Bernanke is going to want to show he's an inflation hawk (like Greeny was) and come summer, energy prices will be on Neptune once again... Link to post Share on other sites
GamblinLeaf 0 Posted January 12, 2006 Share Posted January 12, 2006 I'm still bearish on the economyAren't all bond guys? I've been told it's a prerequisite for the job! :wink: Link to post Share on other sites
mk 11 Posted January 12, 2006 Share Posted January 12, 2006 I'm still bearish on the economyAren't all bond guys? I've been told it's a prerequisite for the job! :wink:LOL, it's our lot in life. Link to post Share on other sites
bdc30 0 Posted January 12, 2006 Share Posted January 12, 2006 come summer, energy prices will be on Neptune once again...No kidding...I can't see when/where a lot of the energy stockswill peak. Looks almost unlimited. Link to post Share on other sites
dreamcaster 0 Posted January 12, 2006 Share Posted January 12, 2006 I once invested in WWE. Made a 26% return in just over a month. XFL ruled (well for my bank account) Link to post Share on other sites
shinychicken 0 Posted January 12, 2006 Share Posted January 12, 2006 any good books on the subject? i trade a little, but wouldn't mind do more of it and want to get a lot of information. Link to post Share on other sites
ajs510 122 Posted January 12, 2006 Share Posted January 12, 2006 any good books on the subject? i trade a little, but wouldn't mind do more of it and want to get a lot of information.I took a Personal Investing class while I was going for my Associates, the textbook was fascinating and very informative. I'm sure there's countless books available on investing, not really sure what a good starting point would be. If your local Community College offers an investing class, buy the book. Better yet, take the class. Link to post Share on other sites
ShakeZuma 585 Posted January 12, 2006 Share Posted January 12, 2006 Wall Street Journal.Not trying to be an ass, its a good resourceand Forbes Link to post Share on other sites
mk 11 Posted January 12, 2006 Share Posted January 12, 2006 any good books on the subject? i trade a little, but wouldn't mind do more of it and want to get a lot of information.Here's what all the "investing" books say:"Buy and hold."Buy one of these books if you want to get a little bit more serious about trading:http://www.amazon.com/gp/product/073520066...glance&n=283155orhttp://www.amazon.com/gp/product/081440680...glance&n=283155You should be able to invest with a buy and hold mentality but have a much better feel for entry and exit points. Link to post Share on other sites
mk 11 Posted January 12, 2006 Share Posted January 12, 2006 Wall Street Journal.Not trying to be an ass, its a good resourceand ForbesWSJ is an excellent paper all around. Most professionals consider Barron's to be the most informative mainstream publication on investing. Link to post Share on other sites
ShakeZuma 585 Posted January 12, 2006 Share Posted January 12, 2006 Wall Street Journal.Not trying to be an ass, its a good resourceand ForbesWSJ is an excellent paper all around. Most professionals consider Barron's to be the most informative mainstream publication on investing.Yeah, barrons is good too, but I haven't read it or made any effort to since I graduated. I majored in freakin econ and I haven't followed the market in 3 years. How ridiculous is that? Link to post Share on other sites
gobears 0 Posted January 12, 2006 Share Posted January 12, 2006 I read this book a long time ago but it's still one of the best IMHO - each chapter deals with a market wizard and the author's interview with that trader.http://www.amazon.com/gp/product/088730610...5Fencoding=UTF8 Link to post Share on other sites
PAYforUSC 0 Posted January 13, 2006 Share Posted January 13, 2006 I read this book a long time ago but it's still one of the best IMHO - each chapter deals with a market wizard and the author's interview with that trader.http://www.amazon.com/gp/product/088730610...5Fencoding=UTF8 good read Link to post Share on other sites
TJ_Eckleburg 0 Posted January 13, 2006 Share Posted January 13, 2006 I don't know much about investing....But Clark Howard says buy index funds and just sit on them, and you can't miss. And keep re-investing.Thoughts? Link to post Share on other sites
Longshanks 0 Posted January 13, 2006 Share Posted January 13, 2006 Mad Money on CNBC Link to post Share on other sites
gobears 0 Posted January 13, 2006 Share Posted January 13, 2006 I don't know much about investing....But Clark Howard says buy index funds and just sit on them, and you can't miss. And keep re-investing.Thoughts?1. Most mutual funds don't beat the index funds2. Pick a no-load index fund and your transaction costs are minimal3. If you need to liquidate and get your$ quickly, no problem (unlike real estate)4. Frees up your time (vs spending time researching individual stocks)Unless you have an edge, I think that index funds make a lot of sense. Link to post Share on other sites
PAYforUSC 0 Posted January 13, 2006 Share Posted January 13, 2006 Mad Money on CNBCCramer was the man back in the day when he ran his hedgefund. then he went Hollywood. :x Link to post Share on other sites
bdams19 0 Posted January 13, 2006 Author Share Posted January 13, 2006 i would recommend common stocks and uncommon profits by fischer, still considered one of the best, and read the Intilligent Investor for the part on margin of safety. Link to post Share on other sites
snowmannn 0 Posted January 13, 2006 Share Posted January 13, 2006 Mad Money on CNBCCramer was the man back in the day when he ran his hedgefund. then he went Hollywood. :xI wish Chuck Norris would throw a chair at that guy. Link to post Share on other sites
gobears 0 Posted January 18, 2006 Share Posted January 18, 2006 Tomorrow should be a good one for the Bears as Yahoo and Intel are getting crushed after hours and IBM didn't exactly report a stellar quarter. Should be interesting to see if the bulls can regroup... From Fil Zucchi on Minyanville.com"Come tomorrow the market's ability to absorb the current selling wave will tell a lot about this market, IMHO. If Boo cannot mount a comeback on these type of reports "get Shortie" may take on a whole new meaning."From Rev Shark on realmoney.com"We're certainly going to scare out some bulls with this reports and right now it looks like panic."From Cody Willard on realmoney.com"This one's gonna be nasty tomorrow. Yahoo!'s a bigger disappointment relative to expectations than Intel. I don't call either one "ugly," perhaps because I remember "ugly" as huge misses and guide-downs. And no earnings, but lots of losses. That's my standard for ugly.That said, the stocks will be very ugly tomorrow. Lots of bulls and longs will be throwing in the towel, that's for sure." Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now