Beginners - Introduce yourselves!

[Ann]

Welcome Josh, check out the beginners section to start with. There is a host of great info here. If you haven't got charting into your style, do so please. Not to be able to chart will likely cause you to fail.
I suggest IncredibleCharts. The basics are free and will give you all you need.

 

[rogue1]

Hi all, I'm a total stockmarket n00b.

I'd really like to find a mentor who will be happy to pass on wisdom and answer my stupid questions, and to tell me whether or not I'm crazy before I do stupid things with my money.

See you all round...

 

[rogue1]

Hi all, I'm a total stockmarket n00b.

I'd really like to find a mentor who will be happy to pass on wisdom and answer my stupid questions, and to tell me whether or not I'm crazy before I do stupid things with my money.

See you all round...

Adding to this, I suppose what I’m looking for most of all is how to read charts and reports and draw sensible conclusions from them...

 

[Joe Blow]

Welcome to ASF rogue! I recommend you start with the search function and trawl the forums for topics of interest. If you want to find some threads started by other beginners do a "title only" search for "Where do I start?". I know there are at least a few good threads with that (or a very similar) title.

You might also try searching for threads about "Books for beginners". Most of the best trading and investing books are many years, if not decades, old so even the very old threads on the topic are going to have plenty of good suggestions.

Regarding a mentor, just stick around and start reading. Pearls of wisdom get dropped around here all the time. If you're keen to learn, there's plenty of great information here to get you started. If you have any questions, just ask away, either by starting your own thread or posting in an existing one. A forum search may reveal that some of your questions have already been asked and answered.

If you have any questions about how things work around here, please feel free to ask.

 

[tinhat]

Hi Rogue

Hi all, I'm a total stockmarket n00b.

I'd really like to find a mentor who will be happy to pass on wisdom and answer my stupid questions, and to tell me whether or not I'm crazy before I do stupid things with my money.

See you all round...

I don't know if you should seek a mentor on an online forum of random anonymous people. Only licensed advisors are legally able to give out financial advice. Remember also that just because a member has been on these boards for a while or has a high post count doesn't mean they are a proficient and successful trader or investor or have a clue what they are talking about (especially including myself). That said there are some members here who have great knowledge and insights into technical analysis and/or fundamental analysis of stocks and the market.

Adding to this, I suppose what I’m looking for most of all is how to read charts and reports and draw sensible conclusions from them...

There is plenty of good reading to be done on these boards in this regard. Don't be afraid to stick your neck out and join in the conversation. Cheers.

 

[dreadpiraterobbie]

Hi guys. Looking forward to learning basics and then on from there!

 

[Aka4512]

Hi all. I am very excited to start learning about the stock market and investing. I have purchased a couple books on investing from Audible to get me started. Advice, book recommendations and mentoring for a complete novice would be fantastic.
I look forward to learning about the world of the stock market and investing.

 

[Ann]

Hi all. I am very excited to start learning about the stock market and investing. I have purchased a couple books on investing from Audible to get me started. Advice, book recommendations and mentoring for a complete novice would be fantastic.
I look forward to learning about the world of the stock market and investing.

Welcome Aka4512!

You have found the perfect place. There are some real experts here with a world of experience. Feel free to ask questions and have a look at some of the threads which may be of interest to you.

 

[brownj]

Hi All,
Not sure if I am placing a post where I might get a response. But here goes.
I am looking for impartial information about ETF's, as I have not had great success with direct share investing. As I tend to drop the ball and allow life from distracting me from a proper monitoring of share investments,
I would like to set-up a portfolio with a range of EFT asset classes and try and gain advantage by changing the asset tilt (%) from time to time. Also looking for good info OR charting opportunities foe asset class trends? Thanks for the anticipated help.

Jeffrey

 

[Zaxon]

I have not had great success with direct share investing. As I tend to drop the ball and allow life from distracting me from a proper monitoring of share investments,
I would like to set-up a portfolio with a range of EFT asset classes

Not trying to put you off your goal here entirely, but if you've allowed life to distract you from monitoring your investments in the past, you may find simple index fund investments more suitable to your lifestyle, rather than trying to time the market.

 

[brownj]

Not trying to put you off your goal here entirely, but if you've allowed life to distract you from monitoring your investments in the past, you may find simple index fund investments more suitable to your lifestyle, rather than trying to time the market.

Thanks Zaxon, I appreciate that any investment needs some sort of review process and by using ETF 's I think a monthly review will determine if adjustments in asset allocation need to be made. Rather than using shares and trying to respond to stop losses and the like in the middle of a working day.
Jeffrey

 

[Zaxon]

I think a monthly review will determine if adjustments in asset allocation need to be made. Rather than using shares and trying to respond to stop losses and the like in the middle of a working day.

Perhaps you could start your own thread to get specific suggestions. ETFs should be more stable than individual securities, and so may be ideal for you. Another way of looking at this, is that what you've described of your efforts so far is share trading, which does need a lot of attention. There are are many people who hold individual shares long term, and only look at them, say, once a month. So time horizon could be equally as important as shares vs ETFs.

 

[Navnit]

Hi Everyone, I am Navnit. I have had some trading experience back in India, so not totally new to stock trading but new in Australia, therefore I am looking for some guidance in choosing the broker etc. Hope you guys can suggest. Thanks. Cheers !

 

[michael901446]

Hey guys and gals, My names Michael 32yo Sydney, Beginner here to get my feet wet

 

[Joe Blow]

Hey guys and gals, My names Michael 32yo Sydney, Beginner here to get my feet wet

Hi Michael and Navnit, welcome to ASF!

There's almost fifteen years of content to explore here so I recommend that you familiarise yourself with the site search. There are some great threads just waiting to be unearthed if you take the time to dig deep enough.

If you have any questions about the way things work, please don't hesitate to ask. I'm always happy to assist.

Otherwise don't be afraid to just jump right in and start posting.

Please enjoy your time here.

 

[tinhat]

Welcome Navnit and michael. Dive in.

 

[tosegue]

Hell I am a new trader but I have been watching the stock market for the past five years and only just started trading, I am looking at SMSF's at the moment with thoughts of setting myself up with a share portfolio when I retire in ten years, so I'm just playing at the moment with a little bit of swing trading while I try to learn as much as I can. no losses so far but I'm working on it.

 

[Ann]

Hell I am a new trader but I have been watching the stock market for the past five years and only just started trading, I am looking at SMSF's at the moment with thoughts of setting myself up with a share portfolio when I retire in ten years, so I'm just playing at the moment with a little bit of swing trading while I try to learn as much as I can. no losses so far but I'm working on it.

Welcome to ASF tosegue!

 

[fanga]

Howdy gang. Great to be here.

I have been watching and practising trading on and off for the last 10 years and never seemed to jump in and get wet. Looking to change this situation. Hoping to learn a lot and meet some cool people who are keen to talk shop.

I'm keen to focus mainly on building income vs cap gain so I will most probably be hanging out more around the Derivatives water cooler. But I am sure I'll pop over to over convo' from time to time. Can't wait to meet you all and chat some more.

 

[Joe Blow]

Welcome fanga! Nice sunnies.

If you have any questions about the way things work here at ASF, please feel free to ask.

Otherwise, there's plenty of content to explore here, both past and present. You'll find the site search to be your best friend if you're looking to dig up old discussions on particular topics. There's some great old threads buried in the archives.