stocks/10

just buy whatever everyone else is buying

i participated in this stock market challenge at nippissing uni and gained 10% in two weeks
the winner gained like 150% D:

Thanks



Nice.



Someone lmk this, prefer one that I don't have to talk on the phone to make my account(I have to call to for Etrade, haven't done yet and not sure if I plan too soon unless there's nothing else).

read and learn

you're not going to be an expert in a few months, traders try to do this for a living

as for trading as an ordinary citizen, you'll going to be interested in long-term value investing. so learn your fundamental analysis.

read the news every day, on sites like the economist. spend a half-hour or so every day. in a year or so, you'll be pretty good at knowing what an article says without even reading it

do not skimp or make decision-making choices based solely on a brief analysis. just because your dcf is telling you to buy doesnt mean it may be smart to buy. remember you need to take account into the entire economy and environment. maybe its underpriced because the income statement looks like shit etc.

as for technical analysis, trading rules are pretty much blackboxes, so unless you really think you can beat the thousands of algorithms out there as a normal investor you're not going to be interested in this.

lastly, I suggest you really set up a diversified portfolio. For example, the FF 3-factor model describes 95% of all stock movements and controlling your risk is very important. This allows you to trace the index behavior with a lower or higher risk as you desire. Modern portfolio theory and its extensions (ie. financial optimization) is a pretty important tool in understanding how things like ETFs work, which tbh is probably a better way of investing for a newbie.

A good way to learn about finance is to just read investopedia. I read that for about 10-15 minutes a day no matter what.

My brother was at about 800% in two weeks.

Yeah well my dad can beat up your dad

well I mean i can always invest in short-time binary options and get like 1000000000% in 1 day

not a really realistic investing strategy though

edit: its all about risk-adjusted returns

This post was edited by madeinchinars on Jul 18 2013 07:49pm

i like investing in graves, no kidding, people dont usually give much attention to them but as soon they need it, damn it goes skyhigh, just like people need to eat, people need to die.