Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

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Hi Everyone,

My name is Viki.

I've been registered here since last year and finally decided to get off my bum and intro my self. I am quite new to trading (was in property investing for few years but got out just before the dive) and i only recently started doing actual trading. It's a whole another ball game when you put your money down, isn't it! So far so good; made few k (not without a headache :banghead:) and gained good experience but I realise every time I have LOTS to learn, hehehe. I/m a fan of technical analysis and have a set of rules I go by but at the moment who really knows what the market is doing...

I've done a lot of reading and researching on share trading and I must admit ASF has some darn good information so thank you to everyone who is sharing their knowledge!!!

Viki
 
Welcome once again to all the new members :)

Its good to see ASF growing continually.

If you havn't already, I suggested you have a play around with the search function, which is located at the top right of your screen. Most stocks already have their own thread in which info/questions should be posted. And if you have a general question its probably already being asked. Plus it makes life easier for us mods if everything is in the right place ;)

Welcome once again
 
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...

Hi there

Al's here. It is time to learn forex as share market is a bit jumpy. Could somebody show me the ropes with small account, setup and great trustworthy forex dealer ???

Much appreciated ...

Good luck in 2009

Thank you heaps ....
 
Hi everyone,

I'm new to this forum. I'm a 20 y.o. pharmacy student looking to study up on securities early in my life so I don't have to later.
I haven't traded live or demo yet but I have been reading a lot on forex, options and now stocks for the past year or so.

My goal is to be confident enough to start trading live by the end of this year.

Hope to get a lot out of this forum :)

dkoleary
 
Hi everyone,

Joined up a couple of weeks ago and I’ve been reading a lot of this forum, found it to be a great source of information. I’m fairly new to trading been making all the usual mistakes, hoping to one day be a profitable trader so at the moment I’m reading a lot of books, and in the process of getting familiar with my Amibroker.

All the best
Nick
 
New here (and fairly new to investing since 2007), any 20-30 year olds in Adelaide who invest, or am I the only one ? :)

I'm looking to chat online / offline and hopefully have a meet-up / few pints and talk stocks / finance / economy. Hope there's some interest, I need some new perspectives my own age !
 
Welcome once again to all the new members

Its good to see ASF growing continually.

BillyIdol, I'm in Adel, PM me if you want
 
Hi Guys, I have just signed up and I have been spending alot of time browsing through the forums. I've learnt alot already. I don't really want to give up my 9-5 job and become a "full time trader" but i'm looking into very good service providers for my trading/investing.

Thanks

Rob
 
Am going to start up an SMSF and am looking for advice about how to set it up myself. Seems like advisers want a few thousand dollars to set it up and the same again each year to do the accounts etc. so I was looking for ways to save money to use to invest instead. Have had shares for a number of years but have not done much trading except for buying and keeping.
 
lindaf said:
Am going to start up an SMSF and am looking for advice about how to set it up myself. Seems like advisers want a few thousand dollars to set it up and the same again each year to do the accounts etc. so I was looking for ways to save money to use to invest instead. Have had shares for a number of years but have not done much trading except for buying and keeping.
Click to expand...
As far as I know you can't do it yourself. There are strict criteria to be met and the SMSF is a legal entity requiring a formal Trust Deed.
There is plenty of discussion here:

https://www.aussiestockforums.com/forums/showthread.php?t=7558&highlight=Managed+Super+Funds
 
Greetings

Hi, my name is Christian and I thought I'd write a hello to everyone as my first post.

I've done a bit of stock trading in the past and am just starting to build another portfolio, hence my surfing the net for stock related information.

Anyway, just thought I'd say hi to everyone and I look forward to chatting in the near future.

Regards,


Christian
 
Greetings!

I've only really been trading off/on for about 1.5years. I come on Aussie Stock Forums now & then for a look around etc...

I'm tied up in MEO... so one can probably understand my current feelings :(

Have dabbled in some Scalping trading and am keen to make it more regular when i have the funds... Would love some feedback/experiences with scalping from people?

thanks!
 
Trembling Hand said:
Welcome Joey. What you scalping?
Click to expand...

As in buying 100,000 shares of XXX at 0.10 and selling at 0.105 that same day for a $500 profit for example (this is of course an ideal world example)... this is, as far as i am aware, called scalping. But any i have done, has only been on a very small scale... a trade here and there.

?

Can anyone tell me their experience with buying shares at 0.001 and sellling them at the jump to 0.002 (100%) profit? Being such high volumes, say if you were to trade with like $5000, what are the implications? Is it too good to be true?

Beginner questions... :) i'm sure

thanks!

Joey
 
joey calzone said:
As in buying 100,000 shares of XXX at 0.10 and selling at 0.105 that same day for a $500 profit for example (this is of course an ideal world example)... this is, as far as i am aware, called scalping. But any i have done, has only been on a very small scale... a trade here and there.

?

Can anyone tell me their experience with buying shares at 0.001 and sellling them at the jump to 0.002 (100%) profit? Being such high volumes, say if you were to trade with like $5000, what are the implications? Is it too good to be true?

Beginner questions... :) i'm sure

thanks!

Joey
Click to expand...
Thats why I asked. Seems most of the pros who trade intraday don't do it with stocks for good reason, ASX stocks cost WAY to high. Opportunities for good Risk : Reward way too low

And many new to the game are attracted to doing what you have stated. A warning there?
 
Trembling Hand said:
Thats why I asked. Seems most of the pros who trade intraday don't do it with stocks for good reason, ASX stocks cost WAY to high. Opportunities for good Risk : Reward way too low

And many new to the game are attracted to doing what you have stated. A warning there?
Click to expand...

hm thanks for the comments, i will be careful!... So what actually happens if one attempts a buy of 5,000,000 @ 0.001? Would only a portion of the order actually get through?
 
I would say forget the point of pennies stocks. they look great with you only needing 0.5 cent gain to make 5% but its more likely that you will make a 1.5 cent loss. These add up very quickly.

Every trade you should be looking at has to have an higher reward than risk at least 2:1 or you will not be around very long. Idealy 3 - 4 to 1.
 

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