Beginners - Introduce yourselves!

[Ann]

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.

G'day fanga, welcome!

 

[frugal.rock]

Gday Al,
Have been hanging around for a week or so picking through the system.
The trading account is 10 years old.
I traded for maybe 6 months when I opened 10 years ago, then nothing until 6 weeks ago! Long time between drinks.
Anyhoo, it's good to see a lively forum with variety in insight and knowledge and I have lots of questions..(which will wait for another day... mainly because I forgot most of them, information overload!)
The system code by qldfrog & skate (I think?) has caught my attention, as am studying a foundation programming subject using html.

Cheers,
FRock

 

[VinY]

Hello people's,i hope you all well.
thank you for let me joining this community, i been on ASX on and off for the last 5 years mostly investing in growth stocks but now i am considering to do some swing trading.
I would like to thanks all people's in here for sharing their knowledge and valuable time to teach all of us.

 

[Ann]

Hello people's,i hope you all well.
thank you for let me joining this community, i been on ASX on and off for the last 5 years mostly investing in growth stocks but now i am considering to do some swing trading.
I would like to thanks all people's in here for sharing their knowledge and valuable time to teach all of us.

Welcome VinY, good luck with your new direction.

 

[antonypeter]

Hi All,

Have a great day to all...
I'm a newbie here and getting a lot of messages about the Cryptocurrencies. Am earning through freelancing projects but now I would like to earn it through the stock market as well.

 

[Ann]

Welcome anthonypeter!

 

[Bush Basher]

Hello All.

I have spent the last 10 years working from home, as a freelance programmer, and am looking at making an entry into the world of day trading, I have found from experience that if you fail to plan you plan to fail so I have an ultimate goal something like this

1) Watch the markets and play with small trades trades until I can train my mind to reliably over an average of 7 days make profitable decisions and trades
2) I have an earnings goal in mind over the next 12 months of $200-$300 / day but have no idea if that is achievable and if so realistically what sort of daily hours that would take.
3) Build a savings nest and potentially a long term stock portfolio
4) Retire comfortably

That's me in a nutshell, but so far I have reliably been able to lose more than I make by bailing early and poor entry points even though i have been trading up on the ASX this week.... 10 year highs and im still losing money so obviously something fundamentally wrong with my stratagem. It has been consistent though so changing mindset and strategy in a consistent way should have consistent results should it not?

 

[greggles]

Hello All.

I have spent the last 10 years working from home, as a freelance programmer, and am looking at making an entry into the world of day trading, I have found from experience that if you fail to plan you plan to fail so I have an ultimate goal something like this

1) Watch the markets and play with small trades trades until I can train my mind to reliably over an average of 7 days make profitable decisions and trades
2) I have an earnings goal in mind over the next 12 months of $200-$300 / day but have no idea if that is achievable and if so realistically what sort of daily hours that would take.
3) Build a savings nest and potentially a long term stock portfolio
4) Retire comfortably

That's me in a nutshell, but so far I have reliably been able to lose more than I make by bailing early and poor entry points even though i have been trading up on the ASX this week.... 10 year highs and im still losing money so obviously something fundamentally wrong with my stratagem. It has been consistent though so changing mindset and strategy in a consistent way should have consistent results should it not?

Welcome to the forums Bush Basher!

Trading is a tough gig and there isn't an easy road to becoming a profitable trader. I admire your determination and wish you the best of luck on your trading journey.

I recommend that you have a look at some of the threads by @peter2 in the Private ASF Members Forum. I'm sure you'll find them very educational.

Best wishes!

 

[slavic_blood]

Hi Everyone,

Joined forum today. I want to start day trading/swing trading on ASX and currently learning as much as I can. There is a lot of information out there so I still try to get my head around this topic. I still don't have a strategy crystalized but pretty sure I want to trade ASX/WSE (Warsaw stock exchange; btw sorry if my English is not perfect, I am originally from Poland). I picked ASX because I live in Australia now but I used to invest in WSE. Trying to figure out tools/brokers that allow me trade in both markets. I definitely need to do some research on Aussie stocks as this is not the market I am used to. Also, if anyone is based in Sydney, say hi. Right now I am going thru technical analysis, strategies, risk. I'd be grateful for any advise !

Thanks !

 

[JimmyJames80]

hello, my name is Jimmy & google search led me here as I want to learn about trading as its all new to me.

 

[Joe Blow]

hello, my name is Jimmy & google search led me here as I want to learn about trading as its all new to me.

Welcome to ASF JimmyJames! Google pointed you in the right direction.

If you want to learn about trading, start in the Beginner's Lounge forum and start reading threads on topics that interest you. If you have any questions, just ask.

 

[Skate]

hello, my name is Jimmy & google search led me here as I want to learn about trading as its all new to me.

@JimmyJames80 welcome to 'ASF' community. The Aussie Stock Forum has many quality posters & it won't take you long to find your way around.

Help is at hand
New members join our community looking to learn how to trade successfully. I know there are many members who are willing to help you with this.

Listen to everyone & read only the post that interest you
From my experience it pays to listen to everyone & than you decide if it’s relevant or helpful to you. You get to decide what to keep & what to discard. If you don’t listen to advice you'll forgo the right to learn. Education is the key when it comes to trading.

Starting Can Be Easy
Trading doesn’t have to be super complicated or time consuming but learning how to trade successfully takes time & it requires an effort on your part. @Joe Blow has given you the first great piece of advice to "start in the Beginner's Lounge forum and start reading threads on topics that interest you. If you have any questions, just ask"

Your second piece of advice
I'm suggesting you start reading my 'Dump it here' thread found in the 'Beginner's Lounge' first because I've dumped the knowledge I've gained over the years into one thread. The 'Dump it here' thread is designed & written for an easy read & it's found here - https://www.aussiestockforums.com/posts/1005967/

Especially for you
The 'Dump it here' thread has been written especially for you & it's the perfect thread for all new traders starting out on their trading journey. Reading the 'Dump it here' thread is a big commitment, it will be exhausting but in the long run you will get a good grounding in what's required to start trading.

Helping Others
The 'Dump it here' thread is a collection of posts designed to help you.

Catalyst
Hopefully there will be one of my posts that will be a catalyst for you to want to read another post then another one, steamrolling you into reading the entire thread - reading my older posts is a large commitment that's why I made a free eBook (ePub format) - the download link for the free eBook is in the tag below my name. It's the book I wish I had when I started out. (blatant plug)

I'd like to encourage new posters to contribute, but I know they're reluctant. However, there is a way to contribute without posting. Use the "like" button. If there is a post that you really like or it contains some interesting or helpful information, please thank the poster by hitting the like button. The "like" button creates an alert that let's the poster know that someone likes a post that you did. It's a compliment and we all like to receive them. When I receive a few likes and I've been fortunate to receive many, I'm more likely to provide further information on the "liked" topic. To those new members, who don't want to post. Please thank the contributors that you like to read.

If you like any post on the forum take the effort to "Like" them. @peter2 threads are always educational but read my 'Dump it here' thread first.

All the best on your trading journey.

Skate.

 

[JimmyJames80]

@JimmyJames80 welcome to 'ASF' community. The Aussie Stock Forum has many quality posters & it won't take you long to find your way around.

Help is at hand
New members join our community looking to learn how to trade successfully. I know there are many members who are willing to help you with this.

Listen to everyone & read only the post that interest you
From my experience it pays to listen to everyone & than you decide if it’s relevant or helpful to you. You get to decide what to keep & what to discard. If you don’t listen to advice you'll forgo the right to learn. Education is the key when it comes to trading.

Starting Can Be Easy
Trading doesn’t have to be super complicated or time consuming but learning how to trade successfully takes time & it requires an effort on your part. @Joe Blow has given you the first great piece of advice to "start in the Beginner's Lounge forum and start reading threads on topics that interest you. If you have any questions, just ask"

Your second piece of advice
I'm suggesting you start reading my 'Dump it here' thread found in the 'Beginner's Lounge' first because I've dumped the knowledge I've gained over the years into one thread. The 'Dump it here' thread is designed & written for an easy read & it's found here - https://www.aussiestockforums.com/posts/1005967/

Especially for you
The 'Dump it here' thread has been written especially for you & it's the perfect thread for all new traders starting out on their trading journey. Reading the 'Dump it here' thread is a big commitment, it will be exhausting but in the long run you will get a good grounding in what's required to start trading.

Helping Others
The 'Dump it here' thread is a collection of posts designed to help you.

Catalyst
Hopefully there will be one of my posts that will be a catalyst for you to want to read another post then another one, steamrolling you into reading the entire thread - reading my older posts is a large commitment that's why I made a free eBook (ePub format) - the download link for the free eBook is in the tag below my name. It's the book I wish I had when I started out. (blatant plug)



If you like any post on the forum take the effort to "Like" them. @peter2 threads are always educational but read my 'Dump it here' thread first.

All the best on your trading journey.

Skate.

skate thankyou for the link to your thread, i've been reading them & i feel like i'm learning already

 

[barney]

skate thankyou for the link to your thread, i've been reading them & i feel like i'm learning already

I see that Jimmy …… Always good to see new punters enjoying ASF …… Keep posting/asking questions … and tell your friends to join up as well

 

[aus_trader]

I see that Jimmy …… Always good to see new punters enjoying ASF …… Keep posting/asking questions … and tell your friends to join up as well

Good post barney, I nominate you as our Number 1 ASF promoter. I have pointed a few people to search through the threads on ASF as well in the past. But your promotion skills leaves me in the dust.

 

[barney]

Good post barney, I nominate you as our Number 1 ASF promoter. I have pointed a few people to search through the threads on ASF as well in the past. But your promotion skills leaves me in the dust.

You are far too kind Aus

 

[Warr87]

hey everyone.

I have bought stocks in the past and done alright (I put my money places where I was at least getting more than the current cash deposit rate).

A friend at work pointed me in the direction of technical analysis and I have been reading like mad ever since (in particular pav's thread on swing/momentum trading). I want to invest more seriously (will include my trading plan in another thread).

Most of my current investments are making me 8-10% (through managed funds) though I would like to do better. Ideally I would be aiming for 15% p.a., if not more. Until I get more experience I will just be ensuring I don't lose my money and survive.

 

[peter2]

No need to rush. Don't start until you know you can do better than the managed funds. I'd also like to suggest you look over the "Dump it here" thread in the beginners section.

 

[Jack Aubrey]

Hi all. I joined yesterday and have already gained a lot by reading threads (including "Dump it here"). I'm retired with a number of managed investments in super (that I rely on my Financial Adviser for guidance on) and I started (swing) trading in June (after a lot of reading). I'm starting small with a portfolio of $10,000 with a 2% (ie around $200) risk on each trade and a total risk of 10%. I'm mostly refining my screening, entry and exit strategies (including back-testing those with stocks on my watchlist). So far, not so good - got stopped out of my first two actual trades, but learned a lot, (especially about the importance of volume!). Starting to catch up with some more recent positions but yet to exit any at a profit.

I am sure I'll have lots of questions. Thanks for being here.

 

[Joe Blow]

Hi all. I joined yesterday and have already gained a lot by reading threads (including "Dump it here").

Welcome to ASF Jack! Glad to see you found us and also happy to see that you have already benefited from the many forum threads here.

If you keep digging you will find many more buried nuggets of gold. Just search for threads on topics that interest you. I almost always click the "Search titles only" box in the drop down search box and search for keywords in thread titles. I have found that to be the most effective method of searching for threads of interest.

I am sure I'll have lots of questions. Thanks for being here.

Feel free to ask away. If you question relates to the topic of a thread, please ask it in that thread. If it relates to forum features or functionality, please ask it in here: ASF 'How do I do it?' thread.

Enjoy the forums!