Beginners - Introduce yourselves!

[addison]

hi, im john, from adelaide, have lurked around this forum for some time but only recently begun trading, am enjoying it and learning a lot, taking a few small losses and a couple of smaller gains, asx has been a very difficult market to trade last 2 months imo, waiting now for it to trend upwards again

am with bell direct, fairly happy with them as well, i guess no broker is perfect ...

regs, john

 

[Starcraftmazter]

Hello there

Would anyone recommend any good medium sized books for beginner investors in the stockmarket? Need something to read on the bus.

My financial knowledge amounts to a beginnerish finance course at uni.

 

[Joe Blow]

Hello there

Would anyone recommend any good medium sized books for beginner investors in the stockmarket? Need something to read on the bus.

My financial knowledge amounts to a beginnerish finance course at uni.

Hi there Starcraftmazter. Welcome to ASF!

If you are looking for threads on books for beginners, please enter the term "books" in the search box at the top of the page and then click the search icon. All forum threads with "books" in the title will be returned as search results and you should find plenty of reading.

Good luck!

 

[joea]

Hello there

Would anyone recommend any good medium sized books for beginner investors in the stockmarket? Need something to read on the bus.

My financial knowledge amounts to a beginnerish finance course at uni.

Hi.

Roger Kinsky is a Master Graduate of Sydney Uni.
He has experience of 30 years trading shares. He trades online.
He has written a number of books on various subjects plus sharetrading.
He is currently a tutor on share investing.

Check his books out. They have been updated since I purchased.

I will give you one tip. Learn from the top down, not the bottom up.

To explain, check the contents of the books before you buy.
Do not purchase software until you know what you want.
Incredible Charts is free with the higher version $220.
Well that's 3.

You do not have to go through the agony of a long journey to trade profitably.

Cheers

 

[Russell]

Hello everyone,

I have only recently started learning about the stock market. It's been something I've been interested in for years and I finally decided to give it a shot. I am not in a financial position to start trading yet. I am hoping to start trading this time next year, if I feel confident enough with what I know. Every time I learn something new, the more I realise how dedicated I am going to have to be if I want to be successful.

I made some bad choices in my early 20s, I won't go into specifics. It has left me in debt but I feel I am making good progress in getting ahead, with a few bumps along the way. I can't change what I did then, but I can make sure I make the righ decisions going ahead.

Some personal information: I work for a Finance company as an Approvals Officer on the sunny Gold Coast. Currently engaged to a beautiful woman, who shares my passion for knowledge in a number of subjects, including the stock market. My other interests include: reading, writing, website development, film and of course, finance.

If you'd like to know anything else, feel free to pm me. Hoping to meet other people who have just started as well

 

[franklin235]

Good evening, all. I am Franklin, and I'm very new to this whole business. I've watched from the sidelines and read the financial news regularly.... thought I might try my hand at it. I have no idea how to get started.

 

[Jocar83]

Hi everyone! I'm just about to start trading for the first time. I keep wasting my money so decided I should channel my spending into stocks etc. I'm sure I'm going to learn loads here.

 

[isplicer]

I made some bad choices in my early 20s, I won't go into specifics. It has left me in debt but I feel I am making good progress in getting ahead, with a few bumps along the way. I can't change what I did then, but I can make sure I make the righ decisions going ahead.

Some personal information: I work for a Finance company as an Approvals Officer on the sunny Gold Coast. Currently engaged to a beautiful woman, who shares my passion for knowledge in a number of subjects, including the stock market. My other interests include: reading, writing, website development, film and of course, finance.

If you'd like to know anything else, feel free to pm me. Hoping to meet other people who have just started as well

Hey there Russell! Welcome to ASF buddy =). Congratulations on your engagement and all the very best beating the market!

 

[burglar]

Good evening, all. I am Franklin, and I'm very new to this whole business. I've watched from the sidelines and read the financial news regularly.... thought I might try my hand at it. I have no idea how to get started.

Hi franklin,

and welcome to ASF!

Mmm let me think ... I started by parting with some hard-earned at the brokers office!

Seriously, you have already started!
There is an excellent thread by Sir O in the Beginners Lounge:
https://www.aussiestockforums.com/forums/showthread.php?t=14370

 

[franklin235]

Hi franklin,

and welcome to ASF!

Mmm let me think ... I started by parting with some hard-earned at the brokers office!

Seriously, you have already started!
There is an excellent thread by Sir O in the Beginners Lounge:
https://www.aussiestockforums.com/forums/showthread.php?t=14370

Thank you for the link. I think I am going to enjoy myself in this whole business

 

[addison]

Thank you for the link. I think I am going to enjoy myself in this whole business

franklin dont trade with all the money you have on hand, for use in the markets, just use a small percentage of it for the first month or so to learn, make a few mistakes and just get the general hang of the realities of being a trader/investor

for instance, say you have 10,000 set aside which you can afford to use/lose, open your first broker account with, say, only 1,000 and play with that for a little while, so if you make some mistakes, which you probably will, you know youre still sitting on 9,000 (in a nice, high interest savings account, if possible) to phase into your account as you become more confident

 

[extatic]

Hi Everyone,

My names Adam and I'm 23 years old, starting to trade for the first time.
Currently looking for a "wing-man" per say who would be interested learning and feeding information from each other.

Think that would be an awesome way to stay focused and learn quicker.

Live in NSW near liverpool..

PM if interested

 

[leeannio]

Hey everyone

I'm 22, studied humanities, am just starting my first human services job, and going on for post-grad law. I've worked in superannuation for the past four years so I'm hoping to put my finance exposure to good use by dabbling in the ASX.

I'm a real nerd - in love with reading both company financial reports and float prospectuses, so I'm thinking to start small with:

NVT - Navitas. (higher education). My logic is that the price is only going to be low while the international student market copes with changes in Australian visa policy and Australia copes with having to develop new ways to attract students in competition with the US/UK/Canada. Morgan Stanley emerging companies presentee.

RDH - Redhill Education. Not sure about this one. Same kind of operation as Navitas but is relatively new and has seen little exposure. Unlike Navitas they run their own institutions, they are not in partnership with well-known quality universities. Their institutions have little relative value but they have invested a lot into a new Information Technology campus in Sydney City. I'll see what the actual enrolments and offshore marketing are like.

RDG - Resource Development Group. New on the market, owner of Engenium, options to acquire further firms. Provides contract management and engineering services for mining companies, has clients such as BHP, and some medium-tier mining companies. Expanding beautifully. Comes with a good CV of projects and relationships and nice history from Engenium.

And a small-price 'growth' SharePack from ComSec, depending on who the shares are with when they send me the info.


I've been stalking you guys for awhile and can't wait to continue learning from you. This time with some interaction on my part


Cheers!

 

[avexdevil]

hi ASF,

i'm turning 24 this year, i've recently landed my first investment job as a grad with the WA gov. I utterly hated the technicalities of financial instruments back in my uni days and avoided it like the plague. However, being on the job for the past 3 months has given me ample exposure to the realities of investment returns and how profitable it can become if equipped with the right skills and information. I've skimmed the surface and learnt some basics from work, but I like to speed up the learning process by wearing some knowledge off the veterans on ASF.

 

[kid hustlr]

Hey guys, great forum, I'm currently reading through the newbie lessons thread as we speak and its just a wealth of knowledge.

I have some shares in a commsec account (mainly long term investments) but am thinking I'll open an IB account in the next couple of weeks and look to purchase some shares/write some covered calls on their to get a little bit more experience. Not looking to do anything to risky at this stage I might add.

Anything I should know about IB? How come their margin rates/brokerage costs are so much lower when compared to retail banks, is their something I'm not getting?

 

[Tycoon]

Hi all,
I'm a 23 year old graduate in the oil industry, working mostly in Sydney or overseas when I get to go to the oil fields. I've been trading since March (bought at the bottom in March on pay day - couldn't believe my beginner's luck!) and discovered this forum only a month ago. So far it's been really interesting to read posts from the experienced traders among the ASF community. I love trading so far and I can't wait to devour everything on this site!
Cheers

 

[Benni Brials]

Hi all,

My name is ben, my mates call me brials. I'm 23 no debt and looking to invest and learn as much as I can in all areas of the markets. Started paper trading over a year ago and am currently putting together my trading plans and rules. Haven't put a real dime into the market yet as I read and test new theorums (Spelling?) everyday in theorhetical situations. Getting my nerve ready to play the emotional detachment game and start having calculated risks and trades on a daily basis.

I want to end up with a day trading portfolio that trades the Forex and Futures markets, Coupled with an options trading account I think that one day if I can learn enough I will be able to do this full time.

Also setting up shares and real estate for my "early retirement" fund.

Well thats hopefully the plan.....One day anyway.

I would like to pick all your brains on this forum and if your willing to teach im willing to learn.

Other than that I live in the Pilbara of Western Australia and love playing AFL when i can get the time off work.

Hit me up

Brials to all of you

 

[Assasin]

Welcome Brials, to the great educational ride of your life. My advice, read, read and when you've finished, read some more of these threads.
You have big boots to fill sharing your avatar with someone else who you should also read intently.
Good luck.

 

[Frankie]

Hi Brials,

It sounds like you’ve already discovered the benefits of paper trading.

I could have saved myself a lot of pain in the beginning by paper trading ideas first before committing cash.

I believe in learning from people who trade successfully then paper trading their ideas first to see if they work for me.

Good Luck!

 

[Dash8]

Hey

I just turned 18 a few days ago so I am finally able to open a CommSec account and start trading! I'm still at school (yr 11) and hoping to go to uni to study accounting. My first choice was an airline pilot, but the way the industry is headed, I think accounting may be a better choice.

I entered into the ASX school competition along with 32 other students in my school. Each player is given a fictional $50'000 and are allowed to invest it in a number of stocks for about two months. I managed to place second in my school and about 120/17'000 Australia wide. I made almost $3000. I completely surprised myself!

I have $4'000 set aside to invest in some shares. At the moment I am studying some companies that may be appropriate to buy into. I'm only just starting out so I have very little knowledge about the stock market. I tend to just look at the graphs and predict what will happen in the future.

Anyway, I'm hoping to make at least a small profit and most of all just enjoy myself!


Dash.