d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Investment & Finance > Hi, Here We Go.
12Next
Add Reply New Topic New Poll
Member
Posts: 4,407
Joined: Jun 30 2018
Gold: 2,545.00
Dec 23 2021 11:51am
Im a 30 years old man and for the first time i got time to learn something like 24/7 and i would like to learn how to do "trading" i dont have a lot money, but i would like to learn something about it.
i can be you assistance or something xD i know many people just need another guy with a computer.

so if you can help me or teach me how and where to start would be amazing!

thanks in advance, i can speak spanish, english with no problems xD


have a good day and happy chrismas! :P
Member
Posts: 41,212
Joined: Apr 14 2006
Gold: 4,128.71
Dec 23 2021 02:22pm
wrong place
Member
Posts: 4,407
Joined: Jun 30 2018
Gold: 2,545.00
Dec 23 2021 03:03pm
oh thanks. i will search for the right place xd
Member
Posts: 29,490
Joined: May 26 2014
Gold: 420.69
Warn: 20%
Dec 23 2021 04:45pm
Youtube probably has better advice
Member
Posts: 1,775
Joined: Nov 8 2008
Gold: 0.00
Dec 23 2021 08:34pm
watch some youtube vids on technical analysis then use your newly acquired skills to make EZ FREE moniez!!!!11

This post was edited by Manaburn on Dec 23 2021 08:35pm
Member
Posts: 61,010
Joined: Jan 31 2008
Gold: 11,130.55
Dec 24 2021 10:08am
Quote (pichupowa2 @ 23 Dec 2021 11:51)
Im a 30 years old man and for the first time i got time to learn something like 24/7 and i would like to learn how to do "trading" i dont have a lot money, but i would like to learn something about it.
i can be you assistance or something xD i know many people just need another guy with a computer.

so if you can help me or teach me how and where to start would be amazing!
thanks in advance, i can speak spanish, english with no problems xD
have a good day and happy chrismas! :P


99% of amateur day traders usually end up losing money. I think it's important to really establish your base before you go into the world of trading. Even doing covered calls is a nice addition once you can really put together a portfolio. You're only 30, still have tons of time to grow wealth.

30 years worth of IRA Contributions for example.
Member
Posts: 28,969
Joined: Jun 20 2007
Gold: 34.51
Dec 24 2021 10:15am
Professional mutual fund management typically under performs the s&p 500 and they have dedicated, and educated staff who are doing this as their day jobs.

Rule of 72. When considering the average return you still have time to essentially make 100% multiple times on your money before considering to slow down unless you're oping yo retire by 40.

The real winners off the market is the large financial institutions that broker placements. They're the ones with advanced buy options well below IPO price who make above average returns because its simply designed in their favour.

Don't take this as advice. Just something to consider.

This post was edited by SBD on Dec 24 2021 10:17am
Member
Posts: 72,474
Joined: Jan 21 2008
Gold: 292,901.70
Dec 24 2021 11:34am
you will probably lose money before you make money in the stock market

really important not to invest with low conviction or you will end up panic selling and getting rekt
Member
Posts: 4,407
Joined: Jun 30 2018
Gold: 2,545.00
Dec 24 2021 05:22pm
Quote (SkillRincer @ Dec 24 2021 05:34pm)
you will probably lose money before you make money in the stock market

really important not to invest with low conviction or you will end up panic selling and getting rekt


Any way how to start?
Thanks everyone for the advice.

i will read books and learn from it.
Member
Posts: 28,969
Joined: Jun 20 2007
Gold: 34.51
Dec 24 2021 06:46pm
Quote (pichupowa2 @ Dec 24 2021 04:22pm)
Any way how to start?
Thanks everyone for the advice.

i will read books and learn from it.


You should just read something like the Intelligent Investor by Benjamin Ghram. Go for the revised edition though. The markets changed.

Don't start with books like Alpha Master's or How to Trade for a Living. You're just going to end up trying to copy paste some method and it's not going to work out.

There's no abs in two weeks. You're going to potentially not return anything for years and it certainly won't replace a day job.

I'm Debbi downer though. I could be wrong and you may have a natural ability to do it.

This post was edited by SBD on Dec 24 2021 06:48pm
Go Back To Investment & Finance Topic List
12Next
Add Reply New Topic New Poll