New trader
- Thread starter sarasmith
- Start date
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,858
- Reactions
- 13,096
Please be aware members cannot give you investment advice. But there is plenty of great discussion here. Do a search on what you want to learn.hi all members how u all doin iam new trader to forex market i opened new account with broker and i dont wanna lose ma money so could any pro trader help me thnx alot
People can discuss techniques, but cannot recommend to buy here, sell there, in real time.
Cheers
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 205
hi all members how u all doin iam new trader to forex market i opened new account with broker and i dont wanna lose ma money so could any pro trader help me thnx alot
Unfortunately the best way for a new trader to not lose money is to not trade.
I haven't come across an old trader that hasn't learnt how to trade by never losing money. So bottom line be careful and take things slow. This new account you just opened is more than likely going to be part of your education expenses to learning how to trade rather than a short road to riches.
This should of been asked in a new/different thread. But have a look here
http://www.ato.gov.au/individuals/content.asp?doc=/content/dsbri.nbriwps01.003670413.htm
hi guys im new to the share game got my feet wet for the first time with QRN, learned so much with my first buy if work continues like it is should hace about $2k a month to invest would love some advice on what sectors i should look into currently here is what im thinking.
building and transport should be strong
mining, the aussie$ needs to come down for bennifits
banks, mixed feelings not sure
insurance, i think is best to stear clear for the time being
retail, cant see them picking up in the short term
is there any other sectors like i said im a complete noob so any advice is apreciated
if work continues like it is should hace about $2k a month to invest would love some advice on what sectors i should look into currently here is what im thinking.building and transport should be strong
mining, the aussie$ needs to come down for bennifits
banks, mixed feelings not sure
insurance, i think is best to stear clear for the time being
retail, cant see them picking up in the short term
is there any other sectors like i said im a complete noob so any advice is apreciated
- Joined
- 28 March 2011
- Posts
- 87
- Reactions
- 0
Biotech and shale! $$ :
:
skc
Goldmember
- Joined
- 12 August 2008
- Posts
- 8,277
- Reactions
- 329
hi guys im new to the share game got my feet wet for the first time with QRN, learned so much with my first buy
building and transport should be strong
mining, the aussie$ needs to come down for bennifits
banks, mixed feelings not sure
insurance, i think is best to stear clear for the time being
retail, cant see them picking up in the short term
is there any other sectors like i said im a complete noob so any advice is apreciated
Other major sectors to consider include:
- Healthcare and bio tech
- Energy (as opposed to mining)
- Financial services (as opposed to just banks and insurance)
- IT and telecom
- Capital goods - i.e. mining services, contractors, builders etc
- Property trusts
- Utilities and infrastructures - pipelines, power plants, airports
- Media
- Agriculture / rural sector
Good luck. Or there's always the dartboard
I know there is probably no short answer but here goes.
What is better shares that pay no or low dividends compared to shares that pay higher dividends say above 5% and would you recommend for my circumstance, im 26 and will be looking at buying about $2000 in shares a month.
I think i prefer the shares that pay dividends, mainly due to the fact that if the company does go belly up in a few years although you might have lost your capital you still have the dividends they have paid, that is if you didn't reinvest in the same company
Don't worry there will be plenty more noob questions for you guys to answer
What is better shares that pay no or low dividends compared to shares that pay higher dividends say above 5% and would you recommend for my circumstance, im 26 and will be looking at buying about $2000 in shares a month.
I think i prefer the shares that pay dividends, mainly due to the fact that if the company does go belly up in a few years although you might have lost your capital you still have the dividends they have paid, that is if you didn't reinvest in the same company
Don't worry there will be plenty more noob questions for you guys to answer
Julia
In Memoriam
- Joined
- 10 May 2005
- Posts
- 16,986
- Reactions
- 1,973
Are you serious? You're not going to mind if you invest $20,000 into a company and lose the lot because you've garnered a couple of thousand in dividends????
Good Lord!
Timmy
white swans need love too
- Joined
- 30 September 2007
- Posts
- 3,457
- Reactions
- 3
I know there is probably no short answer but here goes.
What is better shares that pay no or low dividends compared to shares that pay higher dividends say above 5% and would you recommend for my circumstance, im 26 and will be looking at buying about $2000 in shares a month.
I think i prefer the shares that pay dividends, mainly due to the fact that if the company does go belly up in a few years although you might have lost your capital you still have the dividends they have paid, that is if you didn't reinvest in the same company
Don't worry there will be plenty more noob questions for you guys to answer
Yeah, dude. Welcome to ASF. Try not to lose your capital. Thats pretty much rule number 1. Lose your capital & you are out of the game until you save up more.
skc
Goldmember
- Joined
- 12 August 2008
- Posts
- 8,277
- Reactions
- 329
I know there is probably no short answer but here goes.
What is better shares that pay no or low dividends compared to shares that pay higher dividends say above 5% and would you recommend for my circumstance, im 26 and will be looking at buying about $2000 in shares a month.
I think i prefer the shares that pay dividends, mainly due to the fact that if the company does go belly up in a few years although you might have lost your capital you still have the dividends they have paid, that is if you didn't reinvest in the same company
Don't worry there will be plenty more noob questions for you guys to answer
Perhaps better aim for
1). buying companies that won't go belly up (easily)
2). selling before the company goes belly up (i.e. take a smaller loss than 100%)
3). controlling the position size so even if the company goes belly up it doesn't hurt you much.
Better yet, start with 1), have 2) as a safe guard then 3) as the foolproof backup
- Joined
- 20 May 2011
- Posts
- 1,544
- Reactions
- 1
80 Construction companies collapsed just last month in Australia.
http://www.smartcompany.com.au/cons...-building-industries-suffer-through-2012.html
Just saying.
- Joined
- 30 June 2007
- Posts
- 7,200
- Reactions
- 1,226
Biotech and shale! $$
Agree (+ lithium mining stocks).
- Joined
- 28 March 2006
- Posts
- 3,565
- Reactions
- 1,304
yet another noob question
as always thanks for your help
Depends on how you have notified them, the default is that they usually send you a cheque but you can have it paid to your account too if you give them the details (by them I mean the Registry service that handles the stock, eg Computershare etc).
If they have a dividend re-investment plan you can participate in that which means that you automatically aquire more shares (usually at a small discount to the market price) instead of receiving the dividend.
Hope that helps.
- Joined
- 28 March 2006
- Posts
- 3,565
- Reactions
- 1,304
Or just buy into stocks that are going up and sell them when they start going down.
Always treat sideways as down after a short time as it usually becomes down after a long time.
It is better to sell out and buy back in if it continues up than hanging on as it falls.
Mentally overcome the fact that you can be wrong.
Don't believe management BS or you will end up praying for a miracle at the church of Poggy Stuff at Siana
