New to stock marketing

Mr J · 6 July 2009

$9000 to join a chat room? Gods, that's enough to start a trading career. $9000 can buy a lot of trading experience and potentially grow into a significant amont, so no, I would not recommend joining your $9000 chat room.

I cant just go blinded for this offer and spend this amount of money.

If you worry about the amount you risk, then you are risking too much. If you can't shrug off $9k, particularly on something as speculative as a chat room, then you have no business spending it there.

Chaka1988 · 7 July 2009

Mr J said:
$9000 to join a chat room? Gods, that's enough to start a trading career. $9000 can buy a lot of trading experience and potentially grow into a significant amont, so no, I would not recommend joining your $9000 chat room.

If you worry about the amount you risk, then you are risking too much. If you can't shrug off $9k, particularly on something as speculative as a chat room, then you have no business spending it there.

So what is your advise? I still need someone to guide me in forex. ie. to give me the signals :

Mr J · 7 July 2009

My advice would be to learn to do it yourself. Relying on someone else will likely lead to failure.

Medici · 7 July 2009

Hi Chake

The only thing coming into my mind is that would be nice for you to find a master (mentor) who may give you some guide (masters apprentice ), but i suspect that this would be a mission impossible. (if you live in the same area as any one trading forex, maybe you could get together for lunch or something and talk about things.......)

jono1887 · 7 July 2009

you could use the 9k to buy yourself a **** load of books. That would probably be more useful :

beamstas · 8 July 2009

Is this thread serious or is he just subtly trying to ramp live trading rooms?

If your capital is $1500 then why the hell would you spend $9000 on live trading rooms. Use your $10,500 and learn to trade your way. Who cares if you lose $9000 of it, that's what you would have paid for being ripped off into believing that you can make money in a live trading room with absolutely no knowledge at all.

So what is your advise? I still need someone to guide me in forex. ie. to give me the signals :

The last thing you need right now is entry signals. Entering at the "right" time won't make you money if you can't manage the trade.

Medici · 8 July 2009

Chaka1988 said:
So what is your advise? I still need someone to guide me in forex. ie. to give me the signals :

Maybe this will help:

http://www.babypips.com/

nunthewiser · 8 July 2009

give me the 9k

i,ll chat to ya

data · 9 July 2009

You have $1500 to use. Why ask everyone here if a $9000 system is good to join. You clearly don't have $9000.

If you dont understand the stock market you wont understand FOREX. You are trying to run before you have learnt to walk.

Listen to what the people here are telling you - GO AND LEARN! You sound like you want everyone to do it for you and that my friend is down right lazy.

If you want someone to hold your hand and teach you talk to someone who is PS 146 qualified out there in the real world. You can piss one of these guys around as much as you like cause they will just charge you buy the hour.

Just so you know hand holding with a PS 146 is going to be expensive thats why the people on this forum have been guiding you to free information like ASX, babypips etc and books. TAKE THE HINT!

If you are here to waste our time in your questions wont be answered.

beamstas · 9 July 2009

data said:
If you want someone to hold your hand and teach you talk to someone who is PS 146 qualified out there in the real world. You can piss one of these guys around as much as you like cause they will just charge you buy the hour.

Just so you know hand holding with a PS 146 is going to be expensive thats why the people on this forum have been guiding you to free information like ASX, babypips etc and books. TAKE THE HINT!

Exactly
Take the free info

Cause you'll get much worse info for a much higher price if you see Financial Adviser. (what regular people call a PS 146)

PS 146 doesn't mean you know how to trade. It just means you know how to ramp products.

Sean K · 9 July 2009

beamstas said:
PS 146 doesn't mean you know how to trade. It just means you know how to ramp products.

It certainly doesn't mean you know how to trade.

But 'ramping products' is not part of the program either.

It's a decent course of study before jumping into the ramping bit.

Mr J · 9 July 2009

Give me your $10500, and I'll give you back double that at year's end.

Sean K · 9 July 2009

Mr J said:
Give me your $10500, and I'll give you back double that at year's end.

So, doubling money means you're really good then?

Mr J · 9 July 2009

No, I can just make a large number of marginally +ev trades.

Sean K · 9 July 2009

Mr J said:
No, I can just make a large number of marginally +ev trades.

Well, I'm crap! If anyone wants to lose all their money in a year, please send it to me!

kam75 · 9 July 2009

All good advice. I could not agree more.

But if I may offer a suggestion that no one else yet has, it's this:

Do your own thinking when it comes to trading. Chatrooms and outside information can, and will cloud your judgement.

data · 9 July 2009

"PS 146" stands for "Policy Statement 146" which is a document outlined under the Financial Services Reform Act 2001 (FSRA) which is governed and administered by the Australian Securities Investments Commission (ASIC).

It has nothing to do with ramping up programs, systems or products it means that a person holding a PS 146 is licensed to provide financial ADVICE.

PS 146 holders usually also hold an AFSL Australian Financial Services License in certain areas of the financial industry which are also governed by a regulated body.

white_goodman · 9 July 2009

if you dont have enough initiative to use google and read sites like this i'm afraid you have no hope... off to the PG146 crowd you go...

nomore4s · 9 July 2009

kennas said:
Well, I'm crap! If anyone wants to lose all their money in a year, please send it to me!

No thanks, I can do it by myself. Although if I do outsource it to you I could use my time more productively and lose twice as much money:

nunthewiser · 9 July 2009

kam75 said:
Do your own thinking when it comes to trading. Chatrooms and outside information can, and will cloud your judgement.

but they can also offer an unbiased clearer viewpoint when one has a clouded biased judgement on something they hold/intend to hold

paddle ya own canoe and read everything , dont have to believe it , just helps to have more eyes on something than just your own at times

i still ask for opinions on stocks im intrested in , just in case im missing something blatently obvious i havent picked up on

each to there own

New to stock marketing

Mr J

Chaka1988

Mr J

Medici

jono1887

beamstas

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nunthewiser

data

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Mr J

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Mr J

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kam75

data

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