Australian (ASX) Stock Market Forum

New to stock marketing

Chatrooms and outside information can, and will cloud your judgement.

I don't know about that, I've been living on the ASF chatroom lately and have been getting awesome tips. Homerun quality.
 
Lets get back to the thread - and thanx for the kind comments :)

One last comment tho. I have just left a financial industry that is so heavily regulated by government compliance and I have seen colleagues crucified first hand. We had to know the regs. Using certain words in advertising like "lowest" when quoting rates could cost you your license, your job and abolition from the finance industry all together. Google aint got nothing when the regulators want a scalp, it feels really pretty real when ppl you know are affected.

Point is this guy has no idea and if he doesnt get it he doesnt get it.

His account is too small to trade from anyway from a position sizing pov, risk/ac management and he couldnt add to position on retracements etc. etc. with such small amounts without risking almost 100% of his account with out trading leveraged products.

He cant grasp the simple nature of the equity market let alone the leveraged instruments like commodities, forex, cfd's, derivatives, warrants and I think he is wasting our time.

Put this guy in perspective: He wants a start in formula 1 but doesnt know how to drive and he doesnt know what type of car to bring to the track.

chaka1988 We have given you some direction. Read, learn then ask questions no one here will hold your hand. Good luck with it mate - you will have to go through a lot of crap before you find some good stuff though, just enjoy the journey.
 
i,ll hold his hand for the 9k

mr J stop exaggerating , you know as well as i that any tips given in chat are all hindsight trades and we just there to mess with the newbies
 
Give me your $10500, and I'll give you back double that at year's end.


help me then to achieve it ;)

Lets get back to the thread - and thanx for the kind comments :)

One last comment tho. I have just left a financial industry that is so heavily regulated by government compliance and I have seen colleagues crucified first hand. We had to know the regs. Using certain words in advertising like "lowest" when quoting rates could cost you your license, your job and abolition from the finance industry all together. Google aint got nothing when the regulators want a scalp, it feels really pretty real when ppl you know are affected.

Point is this guy has no idea and if he doesnt get it he doesnt get it.

His account is too small to trade from anyway from a position sizing pov, risk/ac management and he couldnt add to position on retracements etc. etc. with such small amounts without risking almost 100% of his account with out trading leveraged products.

He cant grasp the simple nature of the equity market let alone the leveraged instruments like commodities, forex, cfd's, derivatives, warrants and I think he is wasting our time.

Put this guy in perspective: He wants a start in formula 1 but doesnt know how to drive and he doesnt know what type of car to bring to the track.

chaka1988 We have given you some direction. Read, learn then ask questions no one here will hold your hand. Good luck with it mate - you will have to go through a lot of crap before you find some good stuff though, just enjoy the journey.

I dont have much time to read and research on it, as I have my uni studies. I have tried to research a bit of forex and stock marketing but they all seem very complicated, so I gave up :
 
help me then to achieve it ;)



I dont have much time to read and research on it, as I have my uni studies. I have tried to research a bit of forex and stock marketing but they all seem very complicated, so I gave up :


What can i say ? R I P (or get a real job part time - McDonald maybe ?)
 
btw, what is charting in forex andwhy do I need to use it.
I thought there are ready charts for each currency on the internet.
 
Lets get this straight

1) You have insufficient capital
2) You are not prepared to research anything
3) You want everything done for you

The stock market, futures markets and forex arn't an ATM when you insert $2000 and withdraw you're fortune. The only person who can make you trade profitably is yourself.
 
help me then to achieve it ;)



I dont have much time to read and research on it, as I have my uni studies. I have tried to research a bit of forex and stock marketing but they all seem very complicated, so I gave up :
look mate, if u cant work out forex etc u possibly shoundt b at uni or go near that field-forex/tech trading.
who at uni has spare dosh anyway, i was selling my stocks in the 80's to fund my booze habit etc. 30k's worth back then, plus summer earnings and incidentals.
theres no free dosh without risk. its better to spend it on education.
some egghead at uni would sort out forex and tech trading for u. its basic compared to any math they do, relatively speaking. its barely math anyway, or tertiary math at that level.
go to math or eng school and get some dood to show u.
good unis r full of cheap tallent.

then when u graduate and have an income stream u can manage it better.
 
Charka1988 - Put your money in the market and everyone here will do there best to take it off you including me.

Get a gameboy and PLAY THAT instead of STOCK MARKETING as you put it.

Enjoy your quilt making at uni cause your obviously not doing business.

Stop wasting our time we are too busy researching, reading and learning.
 
help me then to achieve it ;)



I dont have much time to read and research on it, as I have my uni studies. I have tried to research a bit of forex and stock marketing but they all seem very complicated, so I gave up :

I have a full time job, full time uni and I still devot 40-50hrs a week, you are just lazy
 
btw, what is charting in forex

:eek:

It should be obvious what it is and what it will show. You could always just use google for these questions, as you'll get quicker and less negative replies. The negative replies are justified though.
 
Funny how fast sentiment can turn in a thread. When I first joined, and still actually, as I am still learning, people were so helpful. As soon as it's clear that Chaka is not willing to do the work, or take the risks, (21 year old Gen Y?), people start getting arrogant, which is fair enough, really, but still feels like a turn in the feel of this forum.

My (non financial) advice to the OP is the same as everyone elses:

Learn. If you don't want to, just put the $1500 on black in the casino, because you'll waste less of everyone's time.
 
Funny how fast sentiment can turn in a thread

I think when someone posts with a genuine query/question he or she will be greeted with, for the most part, helpful replies. When the replies indicate that there is a little work to be done, though, and the OP then doesn't accept this and seeks out replies that promise gift-wrapped results people get a bit cheesed off, and rightly so.

I think the OP in this thread is just taking the piss though. Nobody could be that st... stopping now.:)
 
I thought that its normal that there are experts in the marketing field, who are willing to be paid for some help to noobs.
After all, I dont have much time to research by myself as I am not doing arts at uni like most of the people in here.
 
I thought that its normal that there are experts in the marketing field, who are willing to be paid for some help to noobs.
After all, I dont have much time to research by myself as I am not doing arts at uni like most of the people in here.

Most people here
Risk more per trade than your account
 
I think the OP in this thread is just taking the piss though.

it would be easy to come to that conclusion Timmy, but i think you'll find the OP is genuine ---

a lot of kidz come out of school and go straight to Uni and wouldnt know a pip from a pith or a tic from a tick ---- he's prob heard the fanciful stories of rags to riches and hopes the yellow brick road is just a few questions away:rolleyes:

I thought that its normal that there are experts in the marketing field, who are willing to be paid for some help to noobs.
After all, I dont have much time to research by myself as I am not doing arts at uni like most of the people in here.

Chaka --- couple of questions -- 1) what r u studying at Uni, and 2) do u still live with your family (mother/father)?
 
it would be easy to come to that conclusion Timmy, but i think you'll find the OP is genuine ---

a lot of kidz come out of school and go straight to Uni and wouldnt know a pip from a pith or a tic from a tick ---- he's prob heard the fanciful stories of rags to riches and hopes the yellow brick road is just a few questions away:rolleyes:



Chaka --- couple of questions -- 1) what r u studying at Uni, and 2) do u still live with your family (mother/father)?

Im doing dentistry and yes, I live with my parents.
 
I thought that its normal that there are experts in the marketing field, who are willing to be paid for some help to noobs.

Yes, it is. Drop the dentistry and study economics, or combine the degrees, that will give you a grounding in markets.
 
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