Hey all, my name is Alec. Or as you may call me, Blakamo.
I'm a definitely a newbie to the stock market, and i'll even add something to that. I'm an unripe 16 years of age.
I understand it's rather rare for a person of my age to be interested in this sort of thing, as most kids my age would rather work jobs at Mcdonalds and sorts.
However I'm just far too intrigued by the stock market to just leave it alone.
About a week ago, I had been browsing through the ASX and eventually found a gold company i wanted to invest in (this was my first time ever). I wanted to invest a modest 1000 dollars into the company, however I had to wire the money into my trading account before I could do so (which would take 1 day) . Unfortunately, the next morning i woke up, i was awakened by a huge positively vertical line on the chart, indicating that I had just missed out on a profit. It would have been a 220 dollar profit. Not bad for a 1k investment.
Frustrated, I felt like I had to make up for it. However the more and more I researched, the more I found out just how uneducated I am about the system. (reading through a large array of threads on different stock market forums).
I know this may seem like a very dejavu-ish post, as many beginners post this sort of thing. But where should I start? Should I completely avoid investing real money into the stock market? Please do not tell me to 'drop it' and just study hard for school 'for now'. I can't help it. If i'm not going to invest real money, at least tell me a way to learn how to learn terminology and to get good at this trade. I want to become an expert at this. I know I dont know much, but we all started somewhere.
Excuse me for the long post, thank you.