Need a little help and advice :)

[kgee]

mate its all a learning and a guessing game, imo its all about risk analysis be sure your comfortable with what you might lose...in some ways its better to take some hits early on...it's probably better than getting some quick successes and a false confidence...there's a lot of literature out their on exit strategies and risk analysis although they can be pretty hard to stick to
good luck

 

[Wysiwyg]

its good just to get a feel for shares

Now that is something which takes time and is key to successful trading.Knowledge in your sector (s) of interest is also an absolute must.Reason being, you can get a jump on the tech. boys sometimes.

I`ve also found that what you think will happen doesn`t and what you don`t think will happen does.

 

[Wysiwyg]

Opinion and general comment can be dangerous.

In what way do you see opinion and general comment dangerous?

 

[nizar]

Snake.
Point taken
I was genuinely trying to help the guy though.

 

[ta2693]

Two ways of making making which you prefer, trading or investing?

most traders fade away in their first 8 months.
If you can stay in market with capital in 8 months and do 1 trade per day on average. you are going to on the way of making money by trading.

but if you want to invest your money with buy and hold for long term strategy. index fund outperforms most fund manager, not to mention inexperienced amateur investors, in all market in all time .

 

[niknah]

I am 27 years old I have an "ok" job. I have a very crappy car and I rent a crappy room in the suburbs. I have around 45000 in saving and 10000 in super. Compared with my friends and people around my age group I am poor. Out of sheer desperation to keep a pace I rushed into the stock market in august with all my seed money =’(

$40k at 27 is fine.
In a conversation people are only proud to mention that they have lots of money. If they have no moneys it may not be something they're proud of and are less likely to mention it to you.

Putting all your moneys into 1 or 2 stocks is like putting half your money down on the table for one bet, if that's what you wanted to do then expect either a big win or a big loss.

One thing I do with my assets is diversify, put some in property, shares, cash, funds, etc. and most of my shares are in different industries. If you want to do this with small amount of moneys, try ETFs. They're only new here but very popular in the US. ishares only just started on the ASX this month.