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Beginners - Introduce yourselves!

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Hi,

I am new to this forum and very new to the stock market.

I wish I had joined earlier since I just found out through this forum I might have made a big mistake putting quite a bit of money in a trading course. After reading some threads on the crowd I've joined I am starting to feel rather stupid.



At least I got on this forum, so hopefully something good will come of it.

Maybe not all is lost yet......
 
Ozcruiser said:
Hi,

I am new to this forum and very new to the stock market.

I wish I had joined earlier since I just found out through this forum I might have made a big mistake putting quite a bit of money in a trading course.
Click to expand...
Hello Ozcruiser, I'm always looking to learn and am wondering what course you enrolled in? What do they teach and how long does it go for please? If you want to reveal of course.

p.s. I don't bite.
 
Hi,

they specialise in stock options and promote their own services at the same time. 21 days to be up and running.
I fell for the sales pitch and after reading some threads regarding this organisation and their founder on this forum I realise I might have made a mistake.

It is still possible that I might be wrong and they are as they say "Fair Dinkum", the near future will tell.

Thank you for your reply and questions. I am happy to reveal their identity, but since I am new to all this I need to be sure that I am following the rules and guidelines of this forum.

Ozcruiser.
 
HI ASF!

I'm newbie trader and am new to trading (hence my name). I've been viewing these forums for quite a while and have just now decided to join! Hopefully I will learn a bit here.

N.T
 

G'Day Ozcruiser,

I don't think there's anything wrong wrong with revealing ID's, if you're worried just jumble it up, you'll be doing fellow newbies a service.
 
cutz said:
G'Day Ozcruiser,

I don't think there's anything wrong wrong with revealing ID's, if you're worried just jumble it up, you'll be doing fellow newbies a service.
Click to expand...


Hi Cutz,

I suppose you have a point there, and since they are mentioned in several other posts and threads on this forum I quess I am not out off line mentioning their name, elite traders and affiliated Halifax Investment Services.

Since I have allready invested quite a substantial amount of money for their trading course and their support services, I might as well follow it all the way through up and until I am ready to do any real investments.

I am happy to share all my experiences with this forum and hope that they have cleaned up their act since the other rather negative posts were written.

Ozcruiser
 
Hi Ozcruiser,

Yes, you probably have wasted your money with Elite traders, but don't flog yourself - the sales pitch is very seductive and lots of people fall for it. Suggesting you can be up and running and making money in the markets in 21 days is very unrealistic. They should not be allowed to make those claims. Let's face it - if it was as easy as that, everyone would be making fortunes!

I talk to a lot of traders, and through various connections, I have spoken to many of Elite's ex-clients who have lost a lot of money, found their support non-existent and realised they too were fooled. I have not spoken to one satisfied client. There are plenty of people on this forum who don't have a nice word to say about Andrew Baxter! Don't feel too bad - most of us have been victims of a stock market scam at some time or another. In the end, most of us learn the hard way.

These people are supposed to have a duty of care towards their clients, so make the most of their obligation to you. Ask them for trading results (they used to publish these on their website, but I don't think they do now...... hmmm! wonder why?) and ask them to substantiate them. They should be able to do this.

Am I allowed to ask what the course is, and how much they charge for it?

Good luck with your trading.

Cheers,

Ruby
 
Thank you Ruby,

your reply has given me some comfort and hope. Like you said: it is part of the journey and part of the price you pay. Once bitten twice shy I think they say..

The course I entered was the options mastery class and I paid AUD$5,497.00 for the whole package. Painful mistake.

In all fairness I have to admit that I am learning new things, and since I am a novice to trading I guess that is worth something.

I will follow the advice from other threads, and I think I have found a good starting point.


Thanks again,

OzCruiser
 
Hi Ozcruiser

For what it's worth, I went to a free seminar last October held by Share market college and it's basically a lead generator for them to try and sell their programme and software packages. They wanted $15,000.00 for a 3 day course which was not mentioned on the night of course, only after you had made an appointment with them and it included their software package and trading platform and unlimited online support if you needed it. You can't try before you buy with this programme either so it was a matter of thanks but no thanks. Don't feel too bad and I hope you get plenty of good information from ASF and good luck with your trading.

Woodford
 
You're welcome Ozcruiser. Oh yes, and stay away from Sharemarket College too. Their course is full of fluff and padding and is a huge waste of money.

Ruby
 
Ruby said:
You're welcome Ozcruiser. Oh yes, and stay away from Sharemarket College too. Their course is full of fluff and padding and is a huge waste of money.

Ruby
Click to expand...

hi Ruby

Have you had any first hand experience with SMC or know of anyone who has? I thought $15,000.00 was very excessive for a course and trading platform you can't see in advance. I don't know of anyone who has had dealings with them.

Woodford
 
hey there,

Just thought i'd drop a quick hello. I'm Tig, - currently playing the ASX share trading game and hoping to learn something from this forum. Great to have bumped into it. Any players of the ASX game? - It looks like a pretty good intro to the trading world.

Cheers,
 
Hey, I'm Jono (hard to guess from the user name)

From W.A, 20 this year and looking to start building an investment portfolio.
Pretty new to everything but have some basic understanding on the fundamentals of investment.

Currently at the University of Western studying medicine. I'll be starting my second year this year

Joined up for the ASX game so looking forward to seeing how I go at that over the next few months while I build up some capital to start investing.

Very happy I stumbled upon these forums
 

Hi Tig

I trade cfd's through First Prudential Markets and do ok but not great. I only follow stocks in the asx 200 and do both long and shorts trades and find this forum site interesting.Hope you do as well.

Woodford
 
woodford said:
Hi Tig

I trade cfd's through First Prudential Markets and do ok but not great. I only follow stocks in the asx 200 and do both long and shorts trades and find this forum site interesting.Hope you do as well.

Woodford
Click to expand...

Thanks mate, - hope so too. Still haven't yet looked over the market to decide on what to trade, - but am learning.

Cheers,
 
Hi,

I'm Marty. I have never traded in my life, so I figured this is a great place to introduce myself and meet some like minded and knowledgeable people.

I was exposed to the markets through my dad during a lot of my childhood and teenage years but haven't come back to it until now (26 years old now). Having now been in the workforce for 8 years, I have decided there has to be an easier was to make a crust.

I did an introductory session/lead generation night with Platinum Pursuits based around hedging with options and CFD's, which I found fascinating even though it was only basic and general concepts. The course would have cost around $8000 to attend, but having done some research on the internet (including this blog) I figured I can educate myself cheaper and more conclusively through books, blogs and a bit of trial and error. Also I read some negative stuff about Platinum Pursuits which put me off a bit. Please let me know if you may have an opinion or experience to share about this course.

Options trading seems to interest me the most, so my plan is to focus solely on that for a while and having little start up capital, I figure its a good place to begin. Let me know what you think.

I would be appreciative of any opinions you may have as to my proposed plan of attack to getting started in the market.

Marty.
 
asher7 said:
Options trading seems to interest me the most, so my plan is to focus solely on that for a while and having little start up capital, I figure its a good place to begin. Let me know what you think.
Click to expand...

The bits I have put in bold are not really compatible. Just because you can get leverage doesn't mean its a good idea.

But there is plenty to learn here so have a look around.
 
I am not a beginner but decided to stop at this thread and say Hi! to all local folks. I hope to stay at this forum, share with you and learn something useful from all of you. See you at the market battlefield
 
Greetings ASF, great forum here. Have monitored a few threads as a guest and decided to join... Hvae very limited experience in trading but started back in 2003 with some success stories & some belly flops Portfolio varies between blue chip, resources & some tech. Also looking into bio chemicals.
 
Hey
I am new to this forum. Have been trading in Indian stock markets for two year; recently moved to sydney.

Viv
 
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