Long Term Trading?

[Boggo]

Haha, buying people drinks is way too expensive these days, I can barely even buy them for myself at $12 each.

I would hold off on the fund investing and review what you are drinking or where you are drinking or both.
I can get two pints of Pale Ale for $12 at the local.

I have just read through this thread and all I can say is that I hope you are putting in a bit more effort and paying a bit more attention to what you are being told as a student than what you are here otherwise I would be googling something along the lines of this if I were you...
http://www.wikihow.com/Wash-Dishes

 

[burglar]

... It's research. ...

It is research, better than reading a book.
"Mr Book", I HAVE A QUESTION. .... Stoney silence!!

I have this problem many, many times - especially with Chess.

By asking here, though, you can make a similar problem.
Too many questions. .... Stoney silence!!

 

[burglar]

When I was young, I learnt that most people will easily tolerate 3 questions.

So which questions are most important to you.
Take some time to be succinct, to ellicit the quality answers you require.

Chew over the responses.
Now is a good time to interleave some reading.

Feedback is very important.
It not only shows appreciation, but also understanding.

In time, you can ask that person another 3 questions.

Best advice you ever get from a burglar.

 

[Julia]

Plutonic, just as an example of what you could be doing: if you simply googled "compare savings accounts in Australia' you would come up with several options including
http://www.infochoice.com.au/ which allows you to enter your own criteria and then spits out the options.

Every day there are questions on this forum which would be more reasonably directed to the poster's bank or broker. Usually people are kind enough to offer answers.
But why anyone would trust the opinions of anonymous posters on the internet in preference to an authoritative response from the company concerned is just beyond me.

Perhaps it's less a search for information and more a desire to feel connected or something.

 

[burglar]

Perhaps it's less a search for information and more a desire to feel connected or something.

Hi Julia,

Do you feel, as I do, that there is more to this, than a bewildered student with little money, who wishes to travel abroad?

 

[Tysonboss1]

Hi Julia,

Do you feel, as I do, that there is more to this, than a bewildered student with little money, who wishes to travel abroad?

what do you mean

 

[Plutonic]

Perhaps it's less a search for information and more a desire to feel connected or something.

Hi Julia,

Do you feel, as I do, that there is more to this, than a bewildered student with little money, who wishes to travel abroad?

You guys are reading way too much into this. It's more that I don't like mistakes. I like being in control of the situation. I want to get everything absolutely perfect and to know everything I possibly can before I get myself into something. Asking here was the easiest way that I could get the information that I needed.

I surely wont make that mistake twice, although a few people on here were very helpful, the patronizing condescension and elitism towards beginners who want to know more than just the bare minimum, who want to get things right is bewildering.

 

[burglar]

what do you mean

Hi Tysonboss1,

You helped me a lot.

Julia helped me a lot.

You helped Julia a lot.

Just asking Julia why she thinks there is more to this than meets the eye.

 

[So_Cynical]

You guys are reading way too much into this. It's more that I don't like mistakes. I like being in control of the situation. I want to get everything absolutely perfect and to know everything I possibly can before I get myself into something.

I surely wont make that mistake twice.

If you eventually do end up with some money in the market you will undoubtedly make mistakes and you will absolutely (eventually) have to accept a loser or three....and you will almost never "get everything absolutely perfect" and the sooner you adjust to that reality the better.

 

[tech/a]

If you eventually do end up with some money in the market you will undoubtedly make mistakes and you will absolutely (eventually) have to accept a loser or three....and you will almost never "get everything absolutely perfect" and the sooner you adjust to that reality the better.

So Cynical is absolutely right.

Those who must "get everything perfect" are the same crowd who stick with losing trades until all funds run out.

See they were perfect when they got in and EVERYONE ELSE is wrong so the price WILL come back because I'm RIGHT!

See you Dont have to be right more than 50% of the time to be tremendously successful.
Winning trades to losing trades for me is around 2 losses to 1 win.
33% on average right.
With a capital growth of 48% since 1/10/10

So it depends what it is you want to get perfect!!

The Business or the Trade?

 

[Tyler Durden]

If you don't make mistakes, you don't learn