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Beginners - Introduce yourselves!

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Hey everyone, obviously I'm new to the forum as I'm posting here for the first time... Have had an "interest" in the stock market and trading but haven't delved any deeper than looking at the ASX website and having a go at an online (but not live, thank goodness) investment program that was run a number of years ago. Never gone any further then that but am now looking to be able to be a little more financially stable moving forward. Looking forward to reading through a lot of information and beginning a journey somewhere....

And yes, I enjoy Corona
Pete
 

Welcome to the forums Pete! I hope you enjoy your time here. There's lots of great information in the 23,600 odd discussion threads here at ASF, so if there's a topic you're interested in, the place to start is the search function. If you can't find whatever it is you are looking for don't be afraid to start a new thread in the appropriate forum.

If you have any questions about how things work, please don't hesitate to ask.
 
20 yo retail staff looking to build up a healthy deposit for a property purchase within the next ~3 years, adjusting for the market. Currently looking for optimal strategies and researching options, I'm expecting securities to be a part of my diversity.

go bombers
 
Good to hear, best wishes for your journey
 
Morning all!

Thought I better introduce myself here. I suspect you will see a lot of me here in the future. Though I'm not normally the kind to ask questions (if a google search can answer it for me, which it almost always can).

I'm 31. I'm a software engineer and consultant by profession. I initially became interested in trading when i was around 20. Back then I had no capital and fewer skills. After working the same career for over 10 years part of me wants a lifestyle change. I've only got about 60K capital which I intend on growing while I learn. I have with no immediate plans to risk it. On the plus side I have no debt. So #YOLO

I haven't started paper trading just yet. I'm in the process of studying various bits of TA. Of course as someone with the ability to program I immediately dream about finding THE Algo to rule them all which I can then automate. I suspect that may never happen, but nonetheless I like the challenge. Certainly not my focus at the moment.

I've been "investing" <10% in shares since Sep last year, but I think what I really want to do is trade rather than invest.

90% of my job is actually to learn. So I'm not shy of getting into the books and wish I could spend more time doing so.

Anyway, looking forward to getting to know some of you and hope I can contribute along the way.
 
Welcome, Hawkmeister
a man after my own heart, and 4 decades younger.

Be prepared for setbacks, and lots of them. Also for criticism from "the other side".
You will also run into strong headwinds if you try to find THE algo to end all algos. Corporations with much deeper pockets will see to that. We small fries have to stay nimble and humble: Accept the need to change when "it" stops working, and then make the change quickly.
But if you persist and apply your knowledge of statistical averages, you will succeed.

All the best,
from an old cat.
 
Couldn't agree more. Although not a s/w programmer I've kind of tried the automating process, algorithms, trading robots etc. Too much stress and not enough gain, so not spending any time on this area any more. Not trying to discourage you but just my own experience.

I'm too busy with work and nowadays I spend some spare time doing a bit of stock research and buy small stakes in companies that I like. I keep a portfolio of these stocks I buy here at ASF since I am always learning and listening to others on the forum.
 
Thank you both. Yes, I've come to the realisation that there's no easy money to be made here. It's the potential it can have for my lifestyle that is magnetic.

I appear to have a long journey ahead before I even put money at risk.
 
I stumbled across the CMT course so I've been reading its curriculum as a starting point. It's nice to have some structured reading to go by, rather than just random bits here and there. In the meantime I've got a demo account with NinjaTrading and have been looking at the ES and NQ e-minis. Unfortunately all the action seems to occur between midnight and 6am local time. So I'm not sure if this is an option for me. But while I learn material in the CMT course I'll be getting some screen-time.
 
Good luck, you might have a better fighting chance of winning with Indies compared to FOREX.
 
aus_trader said:
Good luck, you might have a better fighting chance of winning with Indies compared to FOREX.
Click to expand...

Well, I'm watching the futures. Though it is like watching the paint dry this morning. For some reason I'd probably feel more comfortable with ASX stocks, but not sure what software / feed / broker I'd need that would let me short them. I'm wary of CFDs though I'm not entirely sure I know why. In any case, it feels valuable just watching live data (even if it's the ES) just to get some screen time.
 

Welcome

FPMarkets is pretty good because it is Direct Market Access (DMA) CFDs. My advice to you is keep it simple from the beginning and don't underestimate TA101 stuff like Support and Resistance.

Good luck
 
Good morning all.....!!! I am very very new to the stock market, thought i would have a go & try & make my little kids some coin. Wasted a few grand working out how it worked, made a little off btc this week. So anyway its good to be here to learn from the best. CHEERS all....
 
Hello There,

I'm new to the forum and I'm very new to the share market feeling a little lost... Like bambi just stumbling around finding my way. Hoping to learn a lot from you all and hoping to be able to contribute somewhat as well. Terri
 

Terri said:
I'm new to the forum and I'm very new to the share market feeling a little lost... Like bambi just stumbling around finding my way. Hoping to learn a lot from you all and hoping to be able to contribute somewhat as well. Terri
Click to expand...
Good Morning, ForTheKids and Terri.

You've come to the right place. Lots of experienced traders and investors are posting here.
ForTheKids, if you did learn how the system works, those "few grand" have definitely not been wasted. I know of many an investor who burned 5 and 6 figures, and still haven't quite figured it out. The secret, if there is one, lies in reading as much as you can, whether it be related to a specific topic or not. Get a feeling for a poster's style. Check how well past assessments have stood up. and ask questions!

Happy Trading and Investing.
Pixel
 
Hey everyone... just starting up with trading. I work from home so I can have a second computer on to watch and react to stocks. My wife has started recently to get into it and her trading seems to prove that she can almost replace her part-time income which would suit very nice. I'm looking to learn more to see if I can bring in a bit more $$$ to the family.
 
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