Australian (ASX) Stock Market Forum

Reply to thread

I've hijacked a question from [USER=58761]@Frankieplus[/USER] in the - "which-gold-etf-stock" thread, that I'll answer here..


Hi [USER=58761]@Frankieplus[/USER]


I've read most of your posts & you have had some great responses from members to your questions so far. It's unsettling reading your latest post asking for trading advice in this manner.


Dangers of trading from advice of others

Before you invest or trade again I'm suggesting you read a few threads to bring yourself up to speed on the dangers of trading without a plan - or - at least grab a copy & read my eBook about the dangers of trading when your money is on the line.


Trading Fundamentals - Skate's Beginners Version eBook

https://www.aussiestockforums.com/posts/1014728/


Risks involved in trading

Traders without an education are notoriously optimistic & many lack a clear understanding of the risks involved in trading & are not always sufficiently educated in proper investment or trading strategies.


You said: "What Gold Stock I should consider or what stock you would recommend instead?"

If you want a tip to buy a gold stock at the open tomorrow - buy (ASX: GOR) & sell at the end of the week - I can guarantee you that your trading account balance will be different at the end of the week. (Make sure you hold your nerve for the entire week, don't be tempted to cash out early)


Skate.


Top