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| 10-26-2009, 01:51 PM | #221 |
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Colonel
 
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You can do a variety of online brokers.
Scottrade is real good, I use that for day-trading, it has a real neat interface. Charts, graphs, historical price data, trend analysis. I also have a Schwab brokerage account for more "long-term" investments. Are you referring to www.sec.gov?? You can find pertinent reports on that site I believe...10K...etc.
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 10-26-2009, 06:40 PM | #226 |
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Captain
 
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There is a looooot of stuff that goes into stocks. In the end it boils down to buy low sell high, but in order to do that you must understand many financial terms and concepts.
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| 10-26-2009, 06:58 PM | #228 |
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Justin Herass
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All i look at is the trends and read into the company. I dont look at the P/E ratio, or the EPS or any of that crap. I'm not going to buy a stock just because it has a low P/E ratio...
I find if you pick a bunch of stocks and watch them, you will learn when its a good time to buy based on the trends. Also if a company is going to release their quarterly earnings and you know the company is doing well, odds are the share price might jump up a bit. If a company is getting bought out by another company, thats also usually something you would want to jump on. Company being bought usually goes up. Take the Petro Canada, and Suncor deal for example.. or one thats been in process for months is the Agrium and CF Industries deal. Its really not as complicated as people make it sound. Ive made 100% profit in 6 months using the same methods i described above. Just FYI, you probably want to stay away from penny stocks and ETF's until you understand more about the market, as they are usually for day traders. Buying into anything oil related will probably make you some coin.
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| 10-27-2009, 03:24 AM | #229 |
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| 10-27-2009, 03:25 AM | #230 | |
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The Mutual Fund my broker invested my money into years ago is still in the negative... I have to wait another few years to hope to get my money back.. I learned that I have to do everything on my own through my own research and my own judgement; at least I have no one to blame but myself if anything goes wrong...
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| 10-27-2009, 03:28 AM | #231 | |
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I love Scottrade Elite One of the reasons I installed Windows on my Mac But recently I've gone over to BofA as they offer 30 commission free trades a month  $7 at Scottrade isn't bad, but 7x30 is already a $210 savings a month, which is where most of my extra mod money has come from heh eTrade has some amazing tools too, but their commissions are a bit high for day-trading Btw, stay away from day-trading... at least for now play the fake stock games :P I did those in HS as part of my Econ and Investments classes and it helped out amazingly.
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| 10-27-2009, 03:33 AM | #232 | |
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Penny stocks are great for making money, but also for losing everything... I almost sold my IFX when it dropped to penny status but ended up just buying more and than being happy with it (went from about 50 cents to $6) Symbol changed, but still the same thing pretty much Read, read, play around online, then put aside money that if you lost it, wouldn't affect your lifestyle. the stock market is the world's biggest casino, yet your odds are much better (you can 'cheat' by knowing information about the stocks etc) Learn, enjoy, have fun, get sad, hate yourself, hate the market, love the market, get rich. Do any of those in any order, just make sure 'get rich' stays where it is
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| 10-27-2009, 06:16 AM | #233 |
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Night Sh1ft
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stop by tdameritrade.com
I had an account there for a number of years and had a fantastic experience. Ive even called them @ 2am regarding IPOs and they answered instantly. The fees are relatively low @ I think 9.99 per trade? which if youre trying to learn, you should be doing some research first, finding general sectors of the market you think will do well relative to the world, and then pick a company within that sector that you research to be outperforming vs its competition. some great sites for market info, and some great reads on a daily basis: -ft.com -wsj.com -bloomberg.com bloomberg is usually a rehash of some ft and wsj articles, but you can get some great macro market news out of this. once you find a sector that interests you, you can go to finance.yahoo.com and delve a little deeper into stocks within that sector, and you can start to do some more one on one research into companies in that area of the market. rule #1, just because you like it as a person, doesnt mean its a good investment. rule #2, just because a company is doing well, doesnt make it a good investment, it has to be doing well, and be undervalued for you to want it (the game is in valuation) rule #3, once you make a decision, start small, buy a share to see how it goes, set an upside and a downside performance goal. (for reference: 20% is a very aggressive goal, 10% would be a stellar year, perhaps start with 10% up or down) rule #4, no matter what a stripper tells you, dont buy penny stocks **if you talk to the tdameritrade person on the phone and tell them you are starting and want to see how it goes, request a few free trades, and I am sure they will oblige to waive your first few trade fees. as a general market quickie for you: -rumors of federal reserve reconsidering its wording in reference to "extended period" of low rates...ie...they want to possibly raise interest rates sooner than they expected, which means that they are starting to get more concerned with inflation, than a recession -the dollar is very weak, which is allowing our exports to flourish currently and it is fueling our market recovery, but beware, once the fed starts to nod at raising rates, the dollar will likely strengthen, and you will see some treasury related moves that may put pressure on equities -some sectors that have outperformed as of late are the tech sector, companies like apple + intel have reported very strong earnings this quarter with good outlooks. financials have outperformed largely due to government assistance to help them out of the turmoil the fastest. disclosure: i am long apple stock, and all the above are my OPINIONS only, brought together by no other basis than my own meandering experience
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| 10-27-2009, 10:24 AM | #234 | |
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 10-27-2009, 10:32 AM | #237 | |
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 10-27-2009, 07:39 PM | #238 | |
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I feel a bit bad.. I use Scottrade Elite but make the final trades on BofA Like I'm robbing Scottrade lol
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| 12-03-2009, 02:32 PM | #239 |
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Stock Market - Stock Picks
Hey guys, we just started a new stock picking website www.insiderpicks.com If any of you are interested in a good place to find new stock ideas, I think you will find it very helpful!
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| 12-04-2009, 07:20 PM | #241 | |
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http://www.insiderpicks.com - The world's best stock picks.
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