Beginners - Introduce yourselves!

[PetEarwig]

Hi all,
I'm also new here, although I have been reading the site for the past month. I've found it to be a great resource and look forward to continued learning. I'm glad I found it before I started investing any money, as it helped me sticking to what I planned. I invested for the first time at the beginning of the week and had a great first day, puffed my chest out, started dreaming etc. The next couple of days turned everything upside down and if it weren't for the advice given on here, I might have panic sold. Thankfully, I am trying to keep perspective and not react, rather sticking to and trusting my planning and research. Talk later as I am still working through reading some of the threads.

 

[Marlin1]

Hi new to the site aswell,
Iv recently under sad circumstances come into the share market, knowing nothing or taking any interest previously.im just wanting to know if there is an app where I can keep my portfolio close by to check on the market
The last few weeks with the stay at home rules in place iv had time to learn about and research the company’s I have units in and iv become interested, YouTube has been a great help
I do have a stock broker that looks after the portfolio but just wanting some where I can access the company’s I have shares in on my phone
Thanks for any info, very much appreciated

 

[Skate]

Hi new to the site as well, im just wanting to know if there is an app where I can keep my portfolio close by to check on the market

@Marlin1 welcome to the ASF community. There are many free apps & even websites that can cater to your needs. I'll throw you a website that's handy to visit: https://www.marketindex.com.au/ from memory they also have a free app.

Check this site out: https://xlautomation.com.au/free-spreadsheets/yahoo-historical-price-extract there is plenty of free goodies on offer.

If you are serious check out this: https://xlautomation.com.au/excel-spreadsheets/share-trade-tracker Share Trade Tracker is the best portfolio manager around & I've been using it for years.

The search feature
Don't forget to use the [Search Feature] at the right hand top corner of the page "it's one of my best friends".

The "Dump it here" thread
It pays to check out my thread, there has been lot's of good info posted by many members on the thread: https://www.aussiestockforums.com/posts/1005967/ this is my first post.
My most recent post can be found here: https://www.aussiestockforums.com/posts/1068438/

My free eBook
A free eBook in ePub format "Trading Fundamentals - Skate's Beginners Version eBook" can be found here: https://www.aussiestockforums.com/posts/1014728/

Enjoy poking around..

Skate.

 

[Marlin1]

Thanks skate j

@Marlin1 welcome to the ASF community. There are many free apps & even websites that can cater to your needs. I'll throw you a website that's handy to visit: https://www.marketindex.com.au/ from memory they also have a free app.

Check this site out: https://xlautomation.com.au/free-spreadsheets/yahoo-historical-price-extract there is plenty of free goodies on offer.

If you are serious check out this: https://xlautomation.com.au/excel-spreadsheets/share-trade-tracker Share Trade Tracker is the best portfolio manager around & I've been using it for years.

The search feature
Don't forget to use the [Search Feature] at the right hand top corner of the page "it's one of my best friends".

The "Dump it here" thread
It pays to check out my thread, there has been lot's of good info posted by many members on the thread: https://www.aussiestockforums.com/posts/1005967/ this is my first post.
My most recent post can be found here: https://www.aussiestockforums.com/posts/1068438/

My free eBook
A free eBook in ePub format "Trading Fundamentals - Skate's Beginners Version eBook" can be found here: https://www.aussiestockforums.com/posts/1014728/

Enjoy poking around..

Skate.

Just what I was after thanks heaps for that mate

 

[datasum]

Hi all, new to the site and looking forward to learning more about the share market : )

 

[frugal.rock]

Welcome @datasum
There's plenty to learn here.
The post's before yours are a good start.
Cheers.

 

[Skate]

Hi all, new to the site and looking forward to learning more about the share market : )

@datasum welcome to the ASF community. New members always have a story to tell from their unique perspective & like others I would be interested in hearing yours. Help is only one post away as the Aussie Stock Forum is chock full of members who are willing to help. Also make the search feature your friend as most questions have already been answered.

Listen to everyone & read only the post that interest you
From my experience it pays to listen to everyone & 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 “Dump it here” thread. I'm sure if you read a few of my posts you’ll want to keep reading a few more as they are all written in easy to understand format. https://www.aussiestockforums.com/posts/1005967/

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/

What's trading all about
The answer can be found here: https://www.aussiestockforums.com/posts/1040134/

Best of luck & enjoy your time looking around..

Skate.

 

[sptrawler]

Hi all, new to the site and looking forward to learning more about the share market : )

Welcome and I hope you enjoy the forum, lots of variety a high degree of respect and oodles of knowledge, ask away.

 

[datasum]

Thanks for the warm welcome! I've just posted my first question.

 

[laura]

Hello! I have just started learning a few weeks ago and bought some stocks last week for the first time.
Does anyone have an online course to recommend? I am learning about technical indicators. Thank you!

 

[Learningthetrade]

Hi All!

I'm not sure I am entirely in the right place but here goes!!
When the company i work for floated they asked if we wanted to buy shares. I figured why not and bought a grand of shares. Let it sit, didnt thing about it, collected my dividends and suddenly a deal went down and our shares sold out from under us. I made a couple hundred on it but definitely disappointed as I didnt see it coming.
Point is, I dont have any experience here. I dont want to sit trading every day, just want to buy some to keep long term.

I feel like I have fallen down a rabbit hole reading posts here the last few hours. Everytime I think Im ready to pick an online broker and start I change my mind and read some more. Starting to feel like I'm going in circles. All I wanted was to find the best broker and am more confused now than ever haha

 

[sptrawler]

Hello! I have just started learning a few weeks ago and bought some stocks last week for the first time.
Does anyone have an online course to recommend? I am learning about technical indicators. Thank you!

Hi laura, great to see new members on the forum, are you interested in trading, long term holding or dividend. Australian market or International?
One of the long term members Skate, has a great thread called dump it here, it is focused on trading.
The search feature on the home page is great, as it uses key words, to search all threads.
Anyway look forward to your participation, be it questions or answers.

 

[sptrawler]

Hi All!

I'm not sure I am entirely in the right place but here goes!!
When the company i work for floated they asked if we wanted to buy shares. I figured why not and bought a grand of shares. Let it sit, didnt thing about it, collected my dividends and suddenly a deal went down and our shares sold out from under us. I made a couple hundred on it but definitely disappointed as I didnt see it coming.
Point is, I dont have any experience here. I dont want to sit trading every day, just want to buy some to keep long term.

I feel like I have fallen down a rabbit hole reading posts here the last few hours. Everytime I think Im ready to pick an online broker and start I change my mind and read some more. Starting to feel like I'm going in circles. All I wanted was to find the best broker and am more confused now than ever haha

Hi LTT (shortened your name less typing), the first thing to work out is do you want to work out and chose your own shares, or do you want someone to pick them for you.
If you are the former, just use something like comsec, if you are the latter why not just buy into a low cost ETF like VAS then buy it through a broker like comsec.
Just my thoughts, but you need to work out what you want to do with investing IMO, if you are really interested, just keep asking questions it is a friendly forum.
If you arent that interested, maybe just put more in your super.
But it is great you have joined the forum, join in the debates and dont be afraid to ask questions.

 

[Learningthetrade]

Hi LTT (shortened your name less typing), the first thing to work out is do you want to work out and chose your own shares, or do you want someone to pick them for you.
If you are the former, just use something like comsec, if you are the latter why not just buy into a low cost ETF like VAS then buy it through a broker like comsec.
Just my thoughts, but you need to work out what you want to do with investing IMO, if you are really interested, just keep asking questions it is a friendly forum.
If you arent that interested, maybe just put more in your super.
But it is great you have joined the forum, join in the debates and dont be afraid to ask questions.

Thanks for responding! I definitely want to choose for myself! I read that comsec was a big pricey. I looked at NABtrade and belldirect. Nabtrade had a lot of negative reviews online, bell trade had a few good reviews but some negative opinions on here. Obviously no company pleases everyone but when its something im not so knowledgeable about it makes me a little nervous!

 

[sptrawler]

Thanks for responding! I definitely want to choose for myself! I read that comsec was a big pricey. I looked at NABtrade and belldirect. Nabtrade had a lot of negative reviews online, bell trade had a few good reviews but some negative opinions on here. Obviously no company pleases everyone but when its something im not so knowledgeable about it makes me a little nervous!

Well I haven't tried many, I used a private broker in the early days (1980's) and changed over to comsec, I don't know if they are any good but i haven't found an issue with them by the way i don't bank with them or own their shares.
So look around and find what best suits you, on cost, and convenience, I'm not making recommendations.
With regard choosing shares, IMO chose whether you are a buy and hold, or a trader.
When you have worked that out, work out which type of shares suit your style, slow and steady or dynamic.
When you have worked out which is your style, start and follow some shares that fit into your criteria.
Have fun, remember the more research and planning you do, the less stress involved when you make your purchase.

 

[Learningthetrade]

Thankyou for the advice!

 

[sptrawler]

Thankyou for the advice!

Keep asking questions, it really is a respectful forum and no question is considered stupid.
We all started somewhere.

 

[laura]

Hi laura, great to see new members on the forum, are you interested in trading, long term holding or dividend. Australian market or International?
One of the long term members Skate, has a great thread called dump it here, it is focused on trading.
The search feature on the home page is great, as it uses key words, to search all threads.
Anyway look forward to your participation, be it questions or answers.

Hello! I'm looking into trading on the ASX.
Awesome! I will look into that. Thank you!

 

[Skate]

Hello! I'm looking into trading on the ASX. Awesome! I will look into that. Thank you!

@laura welcome to our community. New members always always bring a new perspective which is refreshing. @sptrawler has given you & @Learningthetrade some good advice & was kind enough to reference the "Dump it here" thread, a thread especially dedicated to helping other in their trading journey.

Hello! I have just started learning a few weeks ago and bought some stocks last week for the first time.
Does anyone have an online course to recommend? I am learning about technical indicators. Thank you!

Indicators
@laura indicators compliment a trading plan or strategy. Trading is all about getting into trends & this is where technical indicators can be used as a secondary tools within a trading strategy. I’ve found using indicators in conjunction with each other has the ability to improve any strategy. Understanding technical analysis can improve your trading skills & having an open mind "could be the key" to your success.

Newbie type questions
Most new members normally start out by asking the "how do you know" type questions like:
1. "How do you know" what to buy
2. "How do you know" when to buy
3. "How do you know" when to sell

First let me explain what trading is all about
Trading is easy as you have already found out, making money trading is the difficult part. Trading consistently & successfully is even harder, which is why the majority of people who try to make money from trading fail. So I'll explain a complex subject in a simple one liner. As traders "we buy a position in the hope sometime in the future we will be able to offload that position to someone at a higher price than we brought it". Trading is a very emotional experience when your money is on the line & emotions can sometimes sabotage the best of plans because we fail to follow them.

Education is the key when it comes to trading
In the meantime check out my educational “Dump it here” thread. I've made over 55 posts directly related to indicators & many more referencing them. I'm sure if you read a few of my posts you’ll want to read a few more as they are written in easy to understand format.

The "Dump it here" thread starts here:
https://www.aussiestockforums.com/posts/1005967/ & don't forget to read my second post found here: https://www.aussiestockforums.com/posts/1005968/ it's about how our mind deceives us.

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

What's trading all about
The answer can be found here: https://www.aussiestockforums.com/posts/1040134/

Best of luck & enjoy your time looking around & don't forget to make the search feature your friend..

Skate.

 

[wabullfrog]

This is actually my 2nd post, first is quoted below.

Hi all, first post & here to admit as newbie investor I look to have made my first not so good (slight understatement there!) buy with OOO. Purchased 4 weeks ago & thought I was a genius when price rose during the next week, following weeks have shown I am very far from that

As you can see I still have a lot to learn, thankfully not all my decisions have turned out like above, yet...

Here to learn more about Investing as I don't want to have all my eggs in the Super basket. Already downloaded @Skate beginners PDF to start with & being reading various threads.