Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

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timelord said:
Greetings all

Just started in Jan 07. Making all the mistakes. Paniced and sold PDN and took a big loss and then it bounced back. Am learning heaps from the forums. Nothing like losing your own money. :banghead:
Click to expand...

Mmmm sounds like your making the same mistake 99.9% of us do or did.

Take a hint --- this IS the holy grail --- master the Psychology/Money Management side of Trading FIRST ---- Analysis will then take care of itself.

Cheers
 
We all learn something new every day. The main thing is never invest more than you can afford to lose. Being in front count that as a bonus. Remember most profits are only paper its not real till you lose or cash in. Guard every dollar invested as though its your last.
 
hi all. new to trading from sydney. turning 19 this year.

was able to get a job while at uni, so instead of being like the rest of the uni bums, i think i might invest my money in something for the future. hoping to learn alot.
 
Hi all! my names matt, im 19 from melbourne....Been trading since oct 05, been following particular companies some months before that however. My first year trading taught me a hell of a lot! Making a loss of around 2k (small fish i kno!) but this FY have seen a profit of around 3k thus far. I love trading as im learning something new every single day ! studying commerce (majoring in fin. and acc.) i aspire to become a stockbroker! Reading all you can and researching something to the wits end is my best advice! Good luck to everyone...and remember, generally the harder you work at something the better you become! :)
 
Hi I'm Rowes,

I like candlelit dinners, long walks on the beach and snuggling up for a good movie hahaha, just joking.

I've been reading and reading and reading for about 18mnths now, I have yet to make an actuall trade, done great with paper and cant wait to see how I go in the real world. Opened up my internet brokers account this week actually but will hold of for a liiiiitttlllee bit longer. I am determined to finish my current book at least before I start. (unless i see something to good pass over :) )

I'm a Technical fan, (but am keen as to be more than that too)

happy trading
 
Like Rowes, I have been reading and reading but yet to make my first trade. Waiting on the bank to okay my LOC and looking forward to learning from some of the more experienced traders here.

For those other n00bs who may sign up prior to March 29 the ASX sharemarket game is open for registration.
 
I've been trying to register for that share market game but the link does not work for me.

Is anyone else having problems with it?
 
Since I have posted here, I had better introduce myself.
I'm Steve and I have dabbled in investment property - poor tenants, poor agents and not really enough backup funds to cope put paid to that.
I am now looking at taking some charge of my future by investing/trading. Currently reading a few books that have been mentioned here and looking at the moment as I wont be ready to use real money for a few more months.
The regular posters here seem to be ready and willing to share their knowledge which is a real bonus to the noobs here, a lot goes over my head but I'm trying to get a handle on it.

Steve
 
Hi all just thought I'd say hello I've being Share Trading about 5yrs Personal & SMSF and after being in business for 20years (service based) I have decided to downscale and get right into trading.I have started in options and am looking at fx and cfd's.I am thinking of trading all three as I usually go in boots and all.Anyway I find this forum very educational
 
I've already posted my other thread, but 29yo engineer here, bored (?) with the few blue chips I have, looking for other interests.
 
Hi All,

I've been trading about 5 years now, but learning new things every day. Have had goes with options and shorts, but these days pretty much into trading long bluechips.

Looks like a lot of reading ahead of me in this forum. :)

Cheers,

The Y-man
 
Hi folks. I'm 29 and live at Bargara, near Bundaberg in Qld, about 4hrs north of Brisbane. I discovered and joined ASF today. I've joined a couple of other stock forums, but none seem as active as ASF. I'm looking forward to becoming a part of this great community.

I've had an interest in the market for some time now and over the past 12 months have been eagerly devouring as many books on trading and investing as I can.

I paper traded for a while, but became frustrated that I couldn't spend the profits I was making! I setup a CommSec account with their premium trading platform and got into the market just days before the correction hit.

Almost bailed when my holdings were about $1,500 in the red, but decided to hang on for the ride. I'm now very glad I did, as those same stocks are currently up by about the same amount, and at least I've had an opportunity to pickup some good stocks at discounted prices.


The most profound conclusion I've reached so far: The more I learn, the more I realise I've got so much more to learn.
 
Hey guys. I am a 24 y.o guy from Brisbane. I am what you would call extremely 'fresh' to investing.. I am loving this forum, as there are a whole range of different people with different idea's bouncing off each other.

I have a random question if anyone cares to share their opinion...

I notice that this forum is dedicated mainly to stocks. Is this because it is unreasonable to expect a constant return on investment (ie: year after year) of between 25 - 30 % p.a if spreading your money across, say, 5 - 10 different managed funds to account for voltality ? Or is everyone chasing even higher returns ?
 
ZacR said:
Hey guys. I am a 24 y.o guy from Brisbane. I am what you would call extremely 'fresh' to investing.. I am loving this forum, as there are a whole range of different people with different idea's bouncing off each other.

I have a random question if anyone cares to share their opinion...

I notice that this forum is dedicated mainly to stocks. Is this because it is unreasonable to expect a constant return on investment (ie: year after year) of between 25 - 30 % p.a if spreading your money across, say, 5 - 10 different managed funds to account for voltality ? Or is everyone chasing even higher returns ?
Click to expand...
Hi Zac. Wecome aboard!

I have more money in managed funds than individual stocks and they have performed ok, but not as well as the shares over time. Shares are basically my hobby while I expect the managed funds to pay for my retirement, so I need this money to be relatively well protected. Having said that, they still get hammered during a correction like individual shares. Just not as much potentially. My shares are just about all resources, and by way of an example of the difference in volatility, during the last correction my managed funds lost about 2%, while the stocks went down about 15%.

You will find there is lots of discussion here on junior resource companies but there's plenty of threads on other topics. Just have to find your niche.

All the best!
kennas
 
kennas, thanks for the welcome :)

I had a look at your site.. you seem to be doing exactly what I want to be doing and why I am interested in investing and that is Travelling !

Its good to see that people can use the money that they have worked hard for to work for them so they are able to do the things they enjoy. I hope I'm able to find the right way to go about acheiving the same thing very soon... (impatient!)
 
Hi guys, just looking around and am interested in shares but at the moment I have no idea about them eheheh

cheers
 
Hi Good People!
Just found this forum..but have been looking for something like it for a while. Only recently threw my savings pot in the investing ring...I will watch and learn. Cheers:eek:
 
Hi All
Very new to trading ive been going about 12 months:banghead: :banghead:
29yo and i live in Orange (Country NSW)
Im only in gold atm but this fourm has opened my eyes:D
 

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