Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

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Another n00b delurks.

G'day all,

I've been lurking here on and off (mostly off) for some 6-odd months but recent developments have piqued my interest, so here I am.

After 25 years of blissful ignorance of financial markets, I became interested and set up a small SMSF about two years ago. It's the only trading capital I have at the moment and as a n00b, I'm sticking to FPO's, so I'm limited to trading long. Fortunately, I'm out of the market right now.

I would say that I am more interested in medium- to long-term trading (weeks & months) and am more comfortable studying charts than fundamentals.

But for the moment, I'm happy to sit on the sidelines watching the carnage unfold and continuing to learn whatever I can from wherever I can.

Cheers,

blubrick
 
Hi All

I am new to posting messages etc but am keen to see what this type of forum has to offer - I am working full time , have Comsec account and am a reasonably experienced investor - also a dormant CFD account (due to losses) so not such a good trader

I am keen to get back on the horse - preferably trading FX and am wondering what other new FX traders experienced.

I have opened a practice account but the chart does look so good so I was thinking of using multiple screens on the PC -

Any do's and donts would be appreciated.

regards
 
G'Day All

new to all this :)
had an up and down month so far (down 3k for last 30 days)
but looking for some nice gains Monday.
i am mainly a technical trader ,and would love any advice on location of threads of any stocks moving down in channels.

Regards Marty
 
Hi all.

Im 22 years old and very new to the market.

Im a mechanical engineering student in perth and i work as a drafter to support my trading :p

my portfolio consists of only 150 NAB bought at 24.95 so hoping to expand and learn from that.

cheers.
 
Hi there! :)

I'm very new to share trading (surprise surprise).

I'm really interested in short term trading, I am 20 years old. I made a bit of money when I was about 16 buying oil shares that eventually started drilling. I used the profits to buy-in to NRT and VCR which have since flopped the last couple of years. I have decided I will leave it all there until the companies either go under or make it above what I brought them for in the first place.

I have also since invested in 300 odd SUN shares as a more stable venture.

I will be searching for some beginner advice amongst the forums, but I'm sure there is already a multitude of threads with helpful tips. See you around :)

Cheers,
Tom.
 
30/M/Sydney

Had managed funds and investment properties in the past. Sitting on a decent lump of cash inside my SMSF to trade with. What works for me:

- Medium term trading (Roughly 8 week positions) is exciting enough with just the right level of involvement and time per day to trade
- Trading should be learnt in the following order - stocks long, CFDs short/long, options and FX.
- Avoid going long unless the market is also trending up. Say, XJO trading above its 30wEMA for 4 weeks. Be patient and avoid the urge to trade for the sake of trading.

I'm fortunate that I can wait and sit on my cash until the market trends up again, at which point I will probably use SPA3CFD through my SMSF to trade mechanically.

I think trying to trade this market without experience and a big bank roll is going to seriously tarnish your will to continue trading. To all the beginners... avoid the heartache and stick your money in raboplus for now. (Or paper trade until you are blue in the face).

Cheers
 
Hi you all,

Have found the threads on this forum interesting and informative. Looking to somehow build some wealth, and reduce my debts, if that's at all possible. :eek:

No particular interest in any type of investments. Just looking to read and learn.
 
Hello fellow n00bs

I worked as a mid-office software goon in Docklands & Square mile for years but never traded, dipped my toe in the market this week with a nibble at some ETFs, intending to keep trading, mostly going for fundamentals and growth... Am basically ignorant, but this looks like a great forum to fix that issue :)
 
been reading around on this site for for a while and decided to finally sign up.

20yo mech eng student but deffered and working till next year when i might change degrees to dare i say it commerce :eek:

always had an interest in investing stemming from grandparents but only recently had some spare $$ to invest myself after constant setbacks.
started smaller than most would reccomend ($1k) but knew it was a good time to get in (WBC <$21). keen to keep reading up and expand my knowledge.

atm trying to decide what my next move is and how much i should save up before i do something. currently got my savings in 8%pa eSaver account....
 
Hi all-new to the share market,in the past my only investment has been property but at 38 years of age have realised it's time to try other strategies as well.Have a very limited knowledge of the market and am keen to learn as much as possible.
 
Hey to all the newbies...
ck13488,
theres nothing wrong with being a commerce student... its one of the easier degrees and thats where the money is at...
...
Most important questions you 'new cats on the block' want to ask yourselves...

1)what type of risk profile do I want?.... How much am I prepared to lose?...

2)what sort of stocks am I going to invest in?... ie, which sector...

3)what are future expectations on the future of the companies revenue streams, or the price it recieves for its goods/services?

dont complicate the issue... find your strategy that works for you and stick to it... if you think hard enough you will find something that works for you in a rising market, or a falling market, (perhaps not a crashing market if you are going long)...
a recently new poster here 'BESB's player' has a good strategy that works every time if applied properly...
for abit of insight, check out how he does it...
:cool:
.^sc
 
Hi all,

I'm new to share trading, start about a month ago.
I've engineering background and now I am doing the
actuarial stuides.

:) nice to meet you all.

Eric
 
Hi all,
My name is My ( funny isnt it ? ^^)
I'm doing master of finance, will sit for CFA next June, I have some years trading experience but not in Oz market, so i'm newbie here. I'm looking for someone to chat about stock market, share info and books. :D
 
Hi all,

24yr old newb here to introduce myself.

Like many here, I'm not sure what I'm doing as yet, but I figure putting some money on the market will force me to learn it all rather quickly (or perhaps teach me some hard lessons...)

I've been awesome at the AFL dreamteam comp for years in making money, so hopefully there is some cross over in skills!

My first stock was about 2000 of MCR yesterday, it's done alright today... trying not to get too excited about it in only my second day of this.

~Blast
 
Brand new to forums and haven't traded or invested yet.

Made a decision to invest in shares last week, so here I am, playing share market games online and reading forums like this before I decide to do anything.

I want to learn as much as I can and understand what it is that I am supposed to be looking for when i decide to trade. Still have no clue! They say research which is very valid but how, where, who. That is what I am in the process of working out.

When I know how to research responsibly and read graphs and predict reasonabley well, I guess I will jump in and splash out on some shares :)

Until then, Keep up the great posts and will let you know how I am doing.
 
n95girl said:
Brand new to forums and haven't traded or invested yet.

Made a decision to invest in shares last week, so here I am, playing share market games online and reading forums like this before I decide to do anything.
Click to expand...

Hi, i`m wysiwyg (pronounced wizz-e-wig) and thought I could help by typing that, once you have determined your own objectives, the site has a post search-function to find which specific subject/topic you are seeking.

For specific threads there is the advanced search function with which you can use for key-word/s in thread titles.

Good luck. grinning-smiley-004.gif
 

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