Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

Hi All I'm new to this forum but keen to get involved. I did an options course around 6 years ago. After a year of trading options I move to CFDs and eventually to the SPI200. I found it hard to trade the SPI and run a business at the same time so now I'm back to options. At least I don't have to be glued to the computer and I can sleep at night without worrying about what the US market is doing.
I'm far from successful with trading. I'm a little in front mainly because I did hardly any trades on the SPI. I started back on options December 09 and so far with these I'm well in front considering the modest size of my bank.
 
Hi Woodford,

Sorry about the late reply - I have been away for a while, and not on the forum.

Yes, I have had first-hand experience with SMC and know lots of other disgruntled (now ex) members. $15,000 is very excessive for what they offer! After I ended my association with them I discovered that their trainers don't trade!!!

The software they use, incidentally, is Market Analyst - which you can download from the net and trial for free. Go to the MDSnews website.

The trading platform they use is the Saxo Bank one, which is white labelled by lots of companies. Also available for free trial.

Cheers,

Ruby
 
Hi Woodford,

Sorry about the late reply - I have been away for a while, and not on the forum.

Yes, I have had first-hand experience with SMC and know lots of other disgruntled (now ex) members. $15,000 is very excessive for what they offer! After I ended my association with them I discovered that their trainers don't trade!!!

The software they use, incidentally, is Market Analyst - which you can download from the net and trial for free. Go to the MDSnews website.

The trading platform they use is the Saxo Bank one, which is white labelled by lots of companies. Also available for free trial.

Cheers,

Ruby

Hi Ruby

Thanks very much for that. Very interesting that their trainers don't trade. That was conveniently left out of the conversation from the meeting I had with them.I will look at the website you mentioned.

Thanks Woodford
 
Hi people

Have had a look around the site and I would like to thank everyone for their input. I tried to talk in the commsec forum site and they either ignored me or when I asked a question,told me I shouldn't be there if I found the particular situation hard.

I am 54, have a portfolio bought back a few years ago before the big drops so am stuck until one day, hopefully the markets will go back up.

In the meantime, I am trying to get an education to be able to do better next time.

Cheers
 
Hi people

Have had a look around the site and I would like to thank everyone for their input. I tried to talk in the commsec forum site and they either ignored me or when I asked a question,told me I shouldn't be there if I found the particular situation hard.

I am 54, have a portfolio bought back a few years ago before the big drops so am stuck until one day, hopefully the markets will go back up.

In the meantime, I am trying to get an education to be able to do better next time.

Cheers

Hi Cartycost

Welcome to ASF. I don't know anything about the commsec forum but I've had no problem with this forum so far. Any question or comment I've made on this forum in the short time I've been here has had a positive reply. I think we are all hoping to do better. Good luck with it all

Woodford
 
Hi, I'm an accountant with more than 25 years working with financial statements for big multinationals but never seriously involved in stock trading.
I hope that your guidance and critics will help me to learn quicker and cheaper than with any of these "courses" available in the market, and so I'll be able to reduce my mistakes to a humanly tolerable level.
Thanks for the oportunity.
Cheers,
Luis
 
Hi Cartycost

Welcome to ASF. I don't know anything about the commsec forum but I've had no problem with this forum so far. Any question or comment I've made on this forum in the short time I've been here has had a positive reply. I think we are all hoping to do better. Good luck with it all

Woodford

Thanks Woodford,
Will be an interesting journey.
 
Hi everyone,been hiding in the closet for long enough.
Time to get involved,maybe try and put some back after taking so much out of here.Some very good advice to be had.
Thanks Todster
 
Dear ALL

I am new here, Hope participate and share our ideas. I have been in Stock market since 2006 and I mostly use Technical Analysis for my trades. I am also familiar with Fundamental analysis and accounting issues.

Wish you the Best
Mohsen

PS: can anybody tell me at which topic I can put and share my Technical analyses??
 
Dear ALL

I am new here, Hope participate and share our ideas. I have been in Stock market since 2006 and I mostly use Technical Analysis for my trades. I am also familiar with Fundamental analysis and accounting issues.

Wish you the Best
Mohsen

PS: can anybody tell me at which topic I can put and share my Technical analyses??

Hi iced earth,

Welcome to ASF!

If you have a thread on technical analysis, you may consider starting it in the Trading Strategies/Systems forum if you are interested in generating some discussion, or the Blogs section if you're not.

Please note that we do not allow large font sizes or different colours in posts. If you wish to highlight particular parts of your post, please use bold text or underlined text which serves that purpose particularly well.
 
Hi new here and just started running my SMSF mid Jan - what a learning curve. Very interested in fundamental analyst - looking to take a long term view and build a solid portfolio
:bounce:
 
Hello all,
I have been trading for the past two or so years, but with no real knowledge ($ gift with e/trade for 20th B*day) of the market. More or less a learning period of what not to do.

Now i am slowly learning about shares in general and plan in the next month to drop $500 in the market to play with. I aim to be on this forum regularly to listen and learn from people who are experts or more or less like myself.

Kind Regards,
Todd.
 
Hello all,
I have been trading for the past two or so years, but with no real knowledge ($ gift with e/trade for 20th B*day) of the market. More or less a learning period of what not to do.

Now i am slowly learning about shares in general and plan in the next month to drop $500 in the market to play with. I aim to be on this forum regularly to listen and learn from people who are experts or more or less like myself.

Kind Regards,
Todd.

Hi Todd,

You will find plenty of good info on the boards here, just search around and put aside plenty of time for reading.

TBH you are probably better off saving your $500 until you have more of an idea of how you want to invest or trade. Buying in $500 parcels will chew up a lot in fees especially with a broker like Etrade, you will need over a 10% return just to break even after entry & exit commissions.

Good luck
 
G,day Everyone

I would just like to introduce myself you all.. I have always had an interest in money and wealth. I am currently reading "The Snowball" which is a book about Warren Buffet (I'm sure you all know of him :) ) I firstly would like to educate myself (financial knowledge/ Intelligence)before venturing into the real world.

Any input on literature is appreciated!

I am all ears for your comments and suggestions and i look forward to speaking to you all.
 
Hi folks,

Here to do my neighbourly duty and intro myself...

I've had several "toe in the water" experiences with various forms of trading over quite a few years, but never really identified myself as a "trader".

Took an absolute bath in unlisted property trusts early on (anyone remember Estate Mortgage - "Just like a Bank or a Building Society, only Better!"). Learned a biggie there - "If they have to advertise on TV - Don't Touch!!"

Had a better experience in resource penny stocks a few years back, with some fantastic returns in % terms as the mining boom took off. Was only trading on overtime, so the volumes were quite low and brokerage ate into it a bit.

A change of employment brought that to an end when I went onto a Salaried position (so no more overtime payments to feed the trading account).

More recently, followed a link on a website that led to a fantasic opportunity [slaps forehead], which turned out to be a marketing scam based on forex. Did my research, and saw through the scam before committing anything to it (phew!) - but now want to research the grain of truth at the core of the scam (ie forex). Will probably look to establish a practice account somewhere, but initially just want to educate myself in the absence of hype, pitch and spin.

This forum seems like a likely source of good pointers, so thanks in advance...
 
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