Beginners - Introduce yourselves!

[Bhenn]

G'day everyone.

My names Ben and I'm a stockaholic. Haha, that just came to me as I was writing this but I guess it's been used many times before.

I am 20 years old and don't know where my interest in stocks came from really. I'm a communication student and work part time in the family business. For the last 2 years I slowly built up some cash in some managed funds but about 4 months ago decided to get into buying shares myself. My aim is to pay off the small personal loan I got to get me started by the end of the year and then to get a much bigger one to try and take advantage of a much stronger 2010 and beyond.

For the time being I'm into holding stocks, but am keen to get into some day-to-day trading in the next few years.

If anyone has any feedback on the stocks I currently hold, hit me up (BHP, FMG, GMI, ANZ, WBC, FXJ)!

Thanks all. Looking forward to being part of this net community.

 

[bobg]

Hi Everyone,

Well I might be a bit older than a lot of the begginers around here. I'm 30.

Last year I was quite happy to leave my money in the bank earning~8% interest. Now its dropped below 4% so I'm looking for a way to get my earnings up around the 8% mark again with not TOO much risk ( I understand there is always risks involved).

I have NIL experience in the sharemarket. So I'm trying to learn as much as I can, when I can. I work fulltime and study aswell, so time is tight.

I just joined comsec for my share trading. At the moment I'm doing looking into 'safer' stocks... I'm thinking westfarmers,woolworths maybe BHP??

I'm also looking at Hybrid shares. At the moment I'm willing to invest ~50k.

cheers.

 

[prawn_86]

At the moment I'm willing to invest ~50k.

Welcome to ASF

Are you willing to lose that 50k?

IMO thats the most important rule for beginners - only invest what you can ultimately afford to lose.

 

[Mr J]

I might do one of these.

Hello everyone.

It all started with blackjack when I was 18, and seven years later I'm still gambling, except now it's on whether the SPI will rise or fall. During that time I've counted cards, hustled bonuses from online casinos, 12 tabled online poker and for a few years I was sportsbetting. It has forever altered by thought-process and personality.

In February, I got the bright idea of becoming a profitable trader within 2 months, and profitable enough to make a living. Seems to be going okay.

Do I expect to get rich quick? Yes.

 

[Bolle]

Mr J, my partner LOVES the online poker. i played free tables for a while, but i really really sucked at it. So i stopped pretty fast.

And Bobg, just so you don't feel too much older than the other noobs, I'm 33.5.

And yeah, I agree, i could have chosen a more mellow year to cut my teeth in the stock market, but at least this way, i have no rosy illusions about market stability and unsustainable growth.

 

[Mr J]

Mr J, my partner LOVES the online poker. i played free tables for a while, but i really really sucked at it. So i stopped pretty fast.

And Bobg, just so you don't feel too much older than the other noobs, I'm 33.5.

Poker is okay, but 12-14 tabling is not. After too long I just moved to played a single heads up table at a time.

I'm 26, which may as well be 30 as far as I'm concerned. Of course once I hit 30 I'll realise how young 26 was .

 

[jono1887]

Hi Everyone,

I've been interested in stocks since I was around 16, so i just kept informed by reading newspapers and stuff from bloomberg. I started trading just ~6 months ago when I turned 18 so i could open a trading account, before this I just played the ASX game.

Im now a first year uni student taking arts/medicine and majoring in economics (for the arts half). I'm trading with cash i saved up from p/t work during highschool and from a loan from parents...

G'day everyone.
If anyone has any feedback on the stocks I currently hold, hit me up (BHP, FMG, GMI, ANZ, WBC, FXJ)!

Thanks all. Looking forward to being part of this net community.

I currently trade similar stocks - MQG, BHP, FMG, RIO, FXJ... ANZ and WBC should also be pretty safe bets i guess - aust's banking sector is relative safe from the high regulation. How long do you hold your stocks for? and How much invest in each stock? must have alot of capital to 6 diff stocks simultaneously...

 

[wtang89]

Hello Everyone,

I too am new to stock trading, I am 20 and is still a student studying economics and finance. I've always been interested in trading but only started about 7 months ago (during the collapse of the ASX), i figured to myself now's as good a time as any so i went bargain hunting . I recently sold out my portfolio due to concerns that the ASX is recovering too quickly but i am keeping an eye on GMG stocks (also bought myself a nice bundle at 35c) despite its debt concerns....Anyways its nice too meet you all and i look forward to the many lessons i will learn here. Cheers all

 

[Bhenn]

Hi Everyone,

I currently trade similar stocks - MQG, BHP, FMG, RIO, FXJ... ANZ and WBC should also be pretty safe bets i guess - aust's banking sector is relative safe from the high regulation. How long do you hold your stocks for? and How much invest in each stock? must have alot of capital to 6 diff stocks simultaneously...

I am in these ones for the med - long haul (2.5+ years). Basically how I see the market is that it will eventually recover to near where it was so have been trying to snap up quality shares that have taken a bit of a beating. I got most of my BHP shares at $24 which I think is a bargain. The stock I have been researching the most has been GMI... for what my limited share knowledge is worth I think it has great potential.

From reading over these boards in the last week I am keen to learn about becomming an "active" trader. So yeah, in answer to your questions I will hold the current ones indefinately and look for growth and dividends but prob in the next few years when I finish uni and start earning a bit more money want to get into trading from a day to day or week to week basis.

 

[jono1887]

Wow, BHP at $24 was a great bargain... but why don't you considering selling it know that it has recovered considerably since those lows and trade another stock???

 

[Bhenn]

Wow, BHP at $24 was a great bargain... but why don't you considering selling it know that it has recovered considerably since those lows and trade another stock???

Over the long term I think it still has some way to go. At the moment I am kind of in it for buying quality shares with good dividends, so if anything I'd be happy to buy more at the current price (just don't have the money to do it haha!). I would make a reasonable profit if I sold now but with capital gains, brokerage etc I think it would be better to hold on for the long term with these.

 

[RP_Automotive]

Hi all,

Been a member here for ages...but lately I've been checking ASF every 30mins on trading days, so I hought I better introduce myself.

23yrs old, working in the oil industry as data acq technician.


Basically my investment plan is to buy speculative stocks with a set exit point be it price or an event, and put all of the $$$ into my long term stocks.

 

[Bull Run]

Hi All,

I am a new member to this forum. Just started trading in the stock market since 20/1/09 and have made quite a bit of money on quality stocks to date. Hope to share and gain ideas and info in this forum on shares, warrant and options.

 

[Hot Trader]

Hi Guys:

I am new to trading and wanted to come here and see if I can pick up some good feedback and recommendations on how and where to develop my trading interests, knowledge and experience. My user name "Hot Trader" is because I am a girl and I see that not many woman hang out here in your pages. So hopefully we can increase those numbers.

I have been trading Options for about two months and have made some good money with them. But I don't like the slippage, the waiting, and the risk of exposure during over night trading hours. So I would like to move into day trading, but lacking the knowledge of what kind of trading can be done and what kind of strategies day traders use to trade on a daily basis. As I would like to be in and out of a trade in one trading cycle. I am down quite alot in a currency option which if it does not turn around before May expiration that it will be a big loss and erode my two months of profits.

Could anyone provide me with some info on the following:

1. Where can I find resources, sites, books on Day Trading Strategies/Methods
2. Where can I find some resources and educational material on trading futures, specifically "E-Mini's"
3. Also what is the best predictive software that any of you are using for the "E-Mini's" and trade execution
4. Have any of you used or are using Vantage Point Software in your trading
5. Where could I find resources to help me learn about trading futures - specifically "S&P "E-Mini's"
6. Also what do members think about training programs like Traders International?? Is there better ways to get this kind of training and knowledge without shelling out so much money. If so what are those resources, companies, websites, books etc.
7. Also where on this forum could I find other mates discussing these same questions.

I hope this long post is okay and within the parameters of introducing myself
Cheers, HT

 

[surf73]

Hi.

I'm a 35yr old Structural Engineer from Perth and have been Trading with Commsec for a couple of years.

I don't know much about finance - but have been getting good returns by simply checking the US markets when I wake up and buying if they're up, (and selling if they're down).

I also stick to what I know and have done pretty well with NMS, MRM, UGL and BKN.

I got stung last year when I decided to buy a Commsec share pack for $20K. Basically, all the shares I picked myself performed way better than those chosen by their 'experts' , (they even included BNB in the pack). That's when I realised that nobody really knows what's going on........but I'm loving the ride.

 

[My Aunt Fanny]

Hi all I am new here as you can see , will take a while to find out what is going on in here and hope to get a few ideas as i go along and some good stock tips and other info anyway I'll have a look in the chat room first to see what happens there and see what else is around cheers

 

[franky87]

Hey everyone!~ I'm not new on ASF only posted a few times, however I've been reading lots of informative informations and advices on trading, hopefully I will participate alot in the future And hi to all the new members

 

[Parnapoa]

Aloha guys..

I am new at this forum as in the stock market. I've been reading some books and websites to gather as much information I can before starting trading.

Do you guys have any book that comes in mind about the aussie market?

Cheers

 

[akzidenz]

This is akzidenz

Hello ASF community!

A few things about me.

Age: 34

Bio: husband, father of 2, small company owner, employer

History: bought, held and sold some shares since 1997

High point: paying the deposit for my first home using money made from shares

Low point: having margin calls reduce my position to just $3000 last year

Next: get back into the market

Aim: be a more active trader, make more money!

Question: how much do 'serious' traders actually make, and by what means? I'd love to have answers to this, you can be vague about the 'how much' part, I suggest a rating from 1. Pharmacy round to 10. Brain surgeon, if you get my drift.

 

[jono1887]

Re: This is akzidenz

'how much' part, I suggest a rating from 1. Pharmacy round to 10. Brain surgeon, if you get my drift.

I think 1. Nursing to 10. Anesthesiologist would be more accurate
I personally don't think the medical industry can really be compared, the highest paid in the medical profession goes up to about 300k... peanuts compared to what is obtainable by serious investors...

That's why I'm considering changing from my med degree to possibly something in finance...