Australian (ASX) Stock Market Forum

How long have you been trading?

first trade Oct 20, 1999

traded full time since then, and for the first 2 years it was pretty much 18 hour days, reading a lot of books.In my 3rd year I began formal studies in finance, as you get to a point with trading books where you struggle to find new ideas.

So this was my first bear market, and despite reading a lot about them and knowing what to expect, it was very difficult to trade, especially since I entered the market during the biggest mania in history. I think I may trade this bull (if thats what we have) and then stop until the next bull. I can see now how it would have been wiser to buy property at the beginning of the bear, rather than trade a bear market.
 
I don't. If I ever get bored with investing (by which I mean becoming a part owner in businesses), I might have a go, but I can't see that happening for a long time.
 
My first trade was 2 months ago........... :)

Finding myself becoming addicted to the computer looking at prices and research of stocks etc.... :p
 
Bingo, since 1966? Thats Experience!

Sorry if this gets the thread off-track, but considering that sort of experience, what do you think is the best teaching/education material you've come across in your trading career (or indeed, the best mentors)?
 
My first traded was May'99 and my last traded was Jan'02. I haven't trade since then, but I am ready to go back into the market again next month.

I actually plan to get in at the begin of next year, but I believe I gained enough knowledge to start trade next month with small capital and will increase if I can profit from it.

01st of November 2004 is going to be my happy day.
 
My first trade was on the 6/7/99 nearing the end of the tech boom.
Lost more than i made in the end but learnt some valuable lessons.
I started trading part time but have recently turned to full time trading.

Cheers Ralph
 
I first traded in 1987, about 3 months before the crash !! I was only a lad and lost for me at that time an awful lot of money.

After that experiance I didn't trade again really until about 3 months ago, so feel like it's all new again.

I did learn an awful lot about signs of the share market overheating from that experience, but who knows when it comes to the next crash maybe it will be different and I will miss it, who knows.It did teach me the importance of a stop loss.Having said that I ignored my stop loss on Mul, so maybe I need more discipline !!
 
JetDollars said:
My first traded was May'99 and my last traded was Jan'02. I haven't trade since then, but I am ready to go back into the market again next month.

I actually plan to get in at the begin of next year, but I believe I gained enough knowledge to start trade next month with small capital and will increase if I can profit from it.

01st of November 2004 is going to be my happy day.
I thought you just traded MUL and got out with a 50% profit?

;)
 
Jetdollars,

You have confused a few of us here, please can you explain.You say you haven't traded since Jan 02, then you say you just made 50% on Mul ??????????


Your 2 quotes are below.

"After all T/A does work for my case....LOL

Sold MUL $0.036 on friday afternoon for a 50% profit which isn't bad for just 10 days holding."
__________________
Warm Regards

JetDollars

Then this quote :

Originally Posted by JetDollars
"My first traded was May'99 and my last traded was Jan'02. I haven't trade since then, but I am ready to go back into the market again next month.

I actually plan to get in at the begin of next year, but I believe I gained enough knowledge to start trade next month with small capital and will increase if I can profit from it.

01st of November 2004 is going to be my happy day."

I am sure there is a perfectly good explanation, sorry if I have missed something here.

Porper
 
I have only been playing the asx game for 4 weeks.

I am so close to the end its not funny. :banghead: :cautious: Glad it's not for real, but I am learning from my mistakes. :D :2twocents
 
First share purchase 1991 (CBA float).
Purchased a portfolio of several shares through a Full Service Broker 1995.
Started some trading using online discount broking 1999 - got burnt a bit with warrants!
I've never stopped investing, but all my trades are medium to long term. The intention being to build up a large portfolio delivering a good dividend stream.
I don't day trade.

regards,

Rod.
 
Hi Guys,

have been trading now for a few years, first trade was back when Telstra first floated.

since early this year have started day trading consistenly on my own, were as prior, my old man, looked after my share trading portfolio...

not sure if you guys know him, but im guessing some of the older forum members might know of him.. (George Benson - thats my old man) but he use to have many friends at the Sydney ASX floor, before they brought in the SEATS system.

Cheers,
sis
 
Strange????
SIS.
Who then is Jeff Padget?

Or have I spelt Benson wrong?
Or were the Option Trade Invoices from Tricom that you sent me,
Someone elses?


hmmmm strange that.
 
Hi Techa,

thats me, im jeff, but my old man name is George Benson (hes my stepfather... better known to me as my rich dad, while my real dad, i prefer to call him my poor dad.)

Cheers,
sis
 
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