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Beginners - Introduce yourselves!

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Hi Folks
I'm just palnning to get back into trading the ASX after a 12 or so year hiatus.

It will be primarily technical and short to medium term.

My first attempt, I did well in a bull market but gave most of it back in the down turn.

I'm reading lots here (great content) to educate myself and get my tools and systems set up. So expect to see a lot of questions.
 

Welcome to ASF Rsthree! I look forward to your contributions. It's good to see you back in the game after 12 years.

Please just start firing away with the questions. Hopefully you'll get some answers and it might just generate some interesting discussion at the same time.
 
Hi All,
I am a beginner. I am entering the market for the first time.
I couldn't trade due in the past due to my profile not allowing me to do personal stock investments and later I go pulled into sorting other things in life.

I have decent theory knowledge of how markets and share valuation works, but practical world works in a totally different manner and the most basic and obvious things are not easy to figure out.

I need some help to get myself up and running. All your help would be greatly appreciated.

Regards
Ankit
 

@Ankit Agarwal let me be the first to welcome you to the '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. The search feature is also your friend, use it to get answers quickly.

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.

All the best..

Skate.
 

A very Basic question, which might be come across a amature.
I have spend sometime now looking for a stock broker to start trading.

I am CBA customer but their Brokerage fees looks a bit absurd, flat $10 for every trade of $1000 or less.
However, it did not take me long to realize that, all brokers have similar fees structure except Saxo capital.

So i was just wondering:
#1 which stock broker would be the cheapest to start trading with.
- I guess, i am not looking for exotic options or derivatives trades. Nor am I planning to go on short selling sphere.
- I am basically looking for value investing with as little as cost of trading on my equity.

Any suggestions where can i start from.

#2 I research about this but could not find the use case.
CHESS Sponsored shares and Issuer sponsored shares.
- Does it really matter which one is it.
- I am asking this question because, SAXO capital charges only $6.99 flat fees for issuer sponsored share transaction and $14.50 on CHESS sponsored.

https://www.finder.com.au/saxo-capital-markets
 
Hi , you need to know the difference between the two. I use chess as you can transfer stocks easy between different brokers and any dividends will automatically go into your nominated account from any companies, as far as I'm aware but check anyway.
 
willoneau said:
Hi , you need to know the difference between the two. I use chess as you can transfer stocks easy between different brokers and any dividends will automatically go into your nominated account from any companies, as far as I'm aware but check anyway.
Click to expand...
is that all ? not like one has a need to change brokers often, so it is wise to minimize the cost of trading.
 
Gday

Just introducing myself, im a total newbie so don't have much experience at all. I have held telstra shares before and still do since 2006 I haven't done anything with them and they are probably worth less now than when i purchased them back in 2006.

Anyways I have started a selfwealth account and im planning on doing a bit of investing I have been waiting for a market down turn which seems to be happening now. Is selfwealth a good trading platform to use?

Has anyone also got any good tips or articles to read I basically don't have any idea on how to buy the shares when is the best time etc etc live markets etc. I'm assuming its as easy as clicking a button like buy now but I'm more of a visual learner and wouldn't mind seeing someone else doing it as an example to help me along a bit and become confident in what im doing.

Look forward to creating many interesting discussions with knowledgeable people and expanding my knowledge through all you smart people to hopefully one day make me a confident capable trader.

Thanks
 
Welcome to the forum!
Firstly, congratulations on your timing.
You have chosen a good time to start learning, better get cracking on that area.
The beginners lounge is a great place to start.
@Skate has a thread named
"Dump it here" which is great to get you in the right headspace amongst lots of other good info. Don't annoy him though.

Am guessing that you are probably interested in medium to long term investing as you have held Telstra for such a long time...

I suggest you learn about risk management, portfolio drawdown, position or trade sizing and probably above all, setting a trade plan.
"Plan your trade and trade your plan"
Remember that and it will serve you well.
Helps you to keep your head in the right place when you see your money disappear in front of your eye's...

Am sure you will pick up lot's with some trawling through the threads and posts.

One of the smart people could help you in a better direction, but do what you can first.
There's lots of YouTube vids if you're visually inclined.

Selfwealth, $10 trades, a good start.
Haven't used the platform myself though, but I do hold Selfwealth shares. SWF ticker code.
Telstra ticker code is TLS.

Good luck with your journey.

F.Rock
 

thanks I will take your advice on board. There is a lot to learn and I'm as keen as mustard would have been a bit better if I started researching 6 months ago. Its hopefully going to be a fun journey and an educational eye opener for me.
 
bfhoon said:
Just introducing myself, im a total newbie so don't have much experience at all. Has anyone also got any good tips or articles to read I basically don't have any idea
Click to expand...

@bfhoon welcome to the ASF community. New members always bring a fresh perspective. Don’t rush in & start trading till you get some education under your belt - it’s the key in this game.

Help is only one post away
The Aussie Stock Forum is chock full of members who are only willing to help. @frugal.rock has given you some good advice in answering a few of your questions here & in another thread.

Your enthusiasm is showing
Your first priority should be to learn how to trade successfully & profitable. Also, the search feature is your friend as every question you could think to ask has already been answered. Don’t rush the process, there will be plenty of time to lose your money.

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
In the meantime check out my educational thread.

My Free ebook (ePub format)
My free eBook will answer most of your question & some - it’s been written especially for you & can be found here: https://www.aussiestockforums.com/posts/1014728/

The “Dump it here” thread
If you read a few of my posts I’m sure you’ll want to keep reading a few more
https://www.aussiestockforums.com/posts/1005967/

What's trading all about - found here:
https://www.aussiestockforums.com/posts/1040134/

Best of luck..

Skate.
 
Hello everyone,
Hope everyone is good besides this crazy pandemic and that everyone you love is safe.

I'm new at trading and I am very keen to learn. I'm more turned to forex.

At the moment I live in London.

I'm feeling a bit lost and don't know on who to trust because everyone is always accusing people of scam. ‍

With that said I would like to have someone that could help me (or more than one).

Thank you so much for your time

I'll catch everyone very soon
 
Welcome to the forum and taking the first steps on this amazing trading journey.
My journey started back in 1988 when while working for BHP I purchased 200 shares through their employee scheme for around a dollar (don't quote me).
 
HugoC said:
I'm new at trading and I am very keen to learn. I'm more turned to forex. With that said I would like to have someone that could help me (or more than one)
Click to expand...

@HugoC welcome to the ASF community, it's refreshing when new members join as they tend to bring a fresh perspective in regards to aspirations & goals trying to secure their financial future. I've been around long enough to know you have come to the right community as it's chock full of knowledgeable members who are only willing to help answering a few of your questions. I'm not into Forex so I'll be no help, but in the meanwhile I can suggest using the search feature as most likely a question you may be thinking of has already been answered.

Best of luck mate.

Skate.
 


Thank you so much for the warm welcome.

I'm very excited and I always been in and out trading (mostly watching people trading on youtube and making analyses).

This time I put some time to search for legit places to talk and with people willing to help and not take your money in return for something you can learn on youtube.

once again thank you guys.
 
willoneau said:
Welcome to the forum and taking the first steps on this amazing trading journey.
My journey started back in 1988 when while working for BHP I purchased 200 shares through their employee scheme for around a dollar (don't quote me).
Click to expand...

Thank you so.

If you're interested on talk about it I would love to hear all about your journey.
 
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