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Beginners - Introduce yourselves!

Discussion in 'Beginner's Lounge' started by jeromejf, Mar 2, 2007.

  1. Ann

    Ann

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    Welcome Josh, check out the beginners section to start with. There is a host of great info here. If you haven't got charting into your style, do so please. Not to be able to chart will likely cause you to fail.
    I suggest IncredibleCharts. The basics are free and will give you all you need.
     
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  2. rogue1

    rogue1

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    Hi all, I'm a total stockmarket n00b.

    I'd really like to find a mentor who will be happy to pass on wisdom and answer my stupid questions, and to tell me whether or not I'm crazy before I do stupid things with my money.

    See you all round... :)
     
  3. rogue1

    rogue1

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    Adding to this, I suppose what I’m looking for most of all is how to read charts and reports and draw sensible conclusions from them...
     
  4. Joe Blow

    Joe Blow Administrator Staff Member

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    Welcome to ASF rogue! I recommend you start with the search function and trawl the forums for topics of interest. If you want to find some threads started by other beginners do a "title only" search for "Where do I start?". I know there are at least a few good threads with that (or a very similar) title.

    You might also try searching for threads about "Books for beginners". Most of the best trading and investing books are many years, if not decades, old so even the very old threads on the topic are going to have plenty of good suggestions.

    Regarding a mentor, just stick around and start reading. Pearls of wisdom get dropped around here all the time. If you're keen to learn, there's plenty of great information here to get you started. If you have any questions, just ask away, either by starting your own thread or posting in an existing one. A forum search may reveal that some of your questions have already been asked and answered.

    If you have any questions about how things work around here, please feel free to ask. :xyxthumbs
     
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  5. tinhat

    tinhat Pocket Calculator Operator

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    Hi Rogue

    I don't know if you should seek a mentor on an online forum of random anonymous people. Only licensed advisors are legally able to give out financial advice. Remember also that just because a member has been on these boards for a while or has a high post count doesn't mean they are a proficient and successful trader or investor or have a clue what they are talking about (especially including myself). That said there are some members here who have great knowledge and insights into technical analysis and/or fundamental analysis of stocks and the market.

    There is plenty of good reading to be done on these boards in this regard. Don't be afraid to stick your neck out and join in the conversation. Cheers.
     
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  6. dreadpiraterobbie

    dreadpiraterobbie

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    Hi guys. Looking forward to learning basics and then on from there!
     
  7. Aka4512

    Aka4512

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    Hi all. I am very excited to start learning about the stock market and investing. I have purchased a couple books on investing from Audible to get me started. Advice, book recommendations and mentoring for a complete novice would be fantastic.
    I look forward to learning about the world of the stock market and investing.
     
    Skate likes this.
  8. Ann

    Ann

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    Welcome Aka4512!

    You have found the perfect place. There are some real experts here with a world of experience. Feel free to ask questions and have a look at some of the threads which may be of interest to you.
     
  9. brownj

    brownj

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    Hi All,
    Not sure if I am placing a post where I might get a response. But here goes.
    I am looking for impartial information about ETF's, as I have not had great success with direct share investing. As I tend to drop the ball and allow life from distracting me from a proper monitoring of share investments,
    I would like to set-up a portfolio with a range of EFT asset classes and try and gain advantage by changing the asset tilt (%) from time to time. Also looking for good info OR charting opportunities foe asset class trends? Thanks for the anticipated help.

    Jeffrey
     
  10. Zaxon

    Zaxon

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    Not trying to put you off your goal here entirely, but if you've allowed life to distract you from monitoring your investments in the past, you may find simple index fund investments more suitable to your lifestyle, rather than trying to time the market.
     
  11. brownj

    brownj

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    Thanks Zaxon, I appreciate that any investment needs some sort of review process and by using ETF 's I think a monthly review will determine if adjustments in asset allocation need to be made. Rather than using shares and trying to respond to stop losses and the like in the middle of a working day.
    Jeffrey
     
  12. Zaxon

    Zaxon

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    Perhaps you could start your own thread to get specific suggestions. ETFs should be more stable than individual securities, and so may be ideal for you. Another way of looking at this, is that what you've described of your efforts so far is share trading, which does need a lot of attention. There are are many people who hold individual shares long term, and only look at them, say, once a month. So time horizon could be equally as important as shares vs ETFs.
     
  13. Navnit

    Navnit

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    Hi Everyone, I am Navnit. I have had some trading experience back in India, so not totally new to stock trading but new in Australia, therefore I am looking for some guidance in choosing the broker etc. Hope you guys can suggest. Thanks. Cheers !
     
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