Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

Wysiwyg

Everyone wants money
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8 August 2006
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hi im daniel and i have been following the market since i was around 13-14

only recently have i begun to really take note and carefully detail what shares i would look at purchasing and have done so accordingly...

being a student and working part time it is difficult to accumulate a portfolio as quick as what i would like however with some decent planning and looking on forums such as these - might i add they are a major help...this should assist me in continuing something that has become a bit of an obsessive hobby
cheers
Nice and enthusiastic , good to see.You have one thing in your favour....TIME.:)
 

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TCB

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Wow just found out what share trading is all about. I'm amazed of what a whole new world it has opened up to me. This is the coolest forum around keep up the good work.
 
Joined
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Hello Everyone,

I am very much a greenhorn in the stockmarket. I have 2 investment properties and am looking to start investing in shares. It seems to me intially that there is 3 paths, either; let someone else completely manage your share investments, semi manage it yourself whilst holding down your real job, or go the whole hog and try and learn to trade and/or invest in the market.

My plan is to spend the first phase (1-2 years) learning by using small amounts of saved cash (and some risk managed leverage) and when I feel ready maybe take a loan out and see what I can do.

I am a software developer by trade and have been using the net since bbs days back in the 80s. I actually did a moving average analysis tool foor some day traders years ago with no idea of what it was actually doing (the explained it to me but as you well know you have to go over these stock market terms multiple times before they sink in) and resurected it recently to take a peek... Interesting, it apparently told them when to go short and long by comparing two MA graphs (60 day and 4 day or something similar) and when the lines crossed they sold/bought.

Anyways, (as usual) I digress... I am currently trying to get everything in my head and want to start some activity soon as the best way to learn is hands on. I have bought a few books and am reading them (Van Tharpe, Way of the Turtle, Act Smart Get Rich something something).

This forum looks like a fantastic resource with some really great and informed people (one of the great things about the net when you find a good community), it gives me something to read other than slashdot. I am installing the info choice charts now and am going to try getting my head around some TA.

Cheers :)

Rob
 
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Hi all, the missus found this forum the other day, and we though yahoo!!, its great.

We have been playing with shares for about two years now, and we are just starting to understand it ( a bit ), and looking forward to expanding our modest portfolio and learning heaps.

Cheers Sam.
 

prawn_86

Mod: Call me Dendrobranchiata
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Welcome to all the newbies. We were all new at some stage :)

enjoy and happy trading
 

So_Cynical

The Contrarian Averager
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LOL @ all the posts after mine...so much diversity and inexperience/optimism.

Yes its a volatile time ...yes CDFs offer amazing returns...yes its exiting.

I just discovered "options" last nite...WOOT.:D Good luck to all.
 
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Hi all,

I've just started getting interested in really learning about the stock market as I see it as a good way to increase capital and not to just leave it in the bank. I currently only own some shares in Qantas which I bought a few years ago so that's been pretty good for me.

My aim is to build a portfolio which is reasonably diversified which includes a good mix of blue chip stocks but I'll also be interested in some speculative ones.

Anyway, I see mining/commodities are quite a big interest on this forum and I'll be interested in learning about this sector.

Cheers,

Tuhob
 
Joined
10 October 2007
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Hi guys,

Just arrived today on the recommendation of a mate.

I'm a relic from the tech wreck but still with much to learn.

Shall enjoy reading your posts and learning, while gathering some confidence to trade again :eek:

Kind regards,

Kinezakis
 

nielsend

Dash
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11 October 2007
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Hi All

New to this forum, and have been trading full time for 9 months (part time for 2 1/2 years). Trading both mechanical and discretionary systems mainly developed on Metastock. Been using Amibroker a little but I'm a bit of a novice when it comes to coding. Prior to this worked in Management / Business Dev for an engineering firm in the international Oil & Gas industry; lots of time away from home spent in airports / hotels / boardrooms etc. Trading CFDs / FX / Options and soon to start on commodities and CFD Sector trading.

Making a killing at the moment thanks to the comeback after the correction. Oh if only I had the wisdom to short on the last correction then this would be written whilst sipping chilled French bubbly in the south of France.

Cheers
 
Joined
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Hi. I am new. This is my first post.:)
I have no clue yet whats going on, or where to go next... but.... hello!:)
 
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Hi. I am new. This is my first post.:)
I have no clue yet whats going on, or where to go next... but.... hello!:)
Hello i was in the same boat, but now i'm in the same boat just a little closer to the captain, I'm sure you'll learn a lot here and blossom :p: into a fine investor or trader
Welcome :)
 
Joined
14 October 2007
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Thanks BWACULL. I will sure give it a go. I hope to learn a lot from all you guys.
I have had shares for a long time now. Latest blunder... selling all my BHP shares just before they took off in price. Hmm
 

awg

Joined
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Hi folks,
I'm Tony, aged 45. Have been a share investor for 18yrs.

Started with the big demutualisations like CBA , and have gradually built up to hold about 25 stocks.

Due to an unfortunate medical situation, I was forced to retire 4 years ago, and sell my heavily leveraged Real estate investments.

However, there was a silver lining to that dark cloud.

If one retires due to a permanent medical incapacity, one is able to establish a Pension within Superannuation, and pay very low tax on income (none within the fund) and NONE on Capital gain.

This is very good for potential share trading, and doubly good if you are relatively young. (The power of tax-free compound interest, over the long-term is mindblowing)

I decided that the Sydney RE market was probably going to trend sideways/down,( I made good capital gains leading up to that), and that the sharemarket was likely to go up, after 2 years of low performance.(2003)

So I established a super pension thru a Wrap fund..at that time I lacked the confidence to go on my own, partially cause I was still unwell, partially cause I lacked the knowledge.

During the last 2 years in particular I have been increasing my knowledge and involvement, and testing/benchmarking my investment decisions against those of my financial planner and stockbroker...guess what..I have substantially outperformed..them and the relevant indicies!

I have now reached the point of establishing my own low cost SMSF, Commsec accounts and will execute my own trades, based on my own decisions.

This site is great in that it enables one to become exposed to the more technical aspects of trading.

I admit I am along term investor, and have only sold rarely, this may be an anathema to many on this site, which seems to be more of a trading bias, rather than a long-term holder bias...but that is good for me, with no Capital gain issues, I can trade as much as I want..that is what I need to learn.

My approach has been very much top-down>sector>fundamental>technical.

I have found the Financial Review and associated Investor Magazine to be very educational. Read many books as well.

My aims are really only to match the indicies relative to my portfolio allocation,minus brokerage, maximise my Franking rebate, as I pay 0% tax within the pension, managed funds were stealing a goodly % of the credits,
and reduce unwarranted advisor and accounting fees. If I beat the index, that is cream.

I have been allocating strongly towards Resources and Financials over the last 2 years, contrary to my financial planner and brokers advice.

I wish I had found this site earlier.

I would welcome insight/strategies from other SMSF share buyers/traders.

warmest regards to you all, and best luck with your shares, Tony
 
Joined
6 October 2007
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G'day everyone...

Firstly i would like to thank all those people who have given advice about share trading and suggestions on how to go about trading shares....I myself are 3 months into reading everything i can get my hands on, the book im reading at the moment is called "Better Stock Trading" By Daryl Guppy i've found it very useful so far and pretty easy to understand for us newbies to the stock market when i am ready to trade i am looking to start trading in about 6 months timewith a capital of 5-10 thousand (bills pending ofcourse):rolleyes:....Thankyou all very much for the advice given it has helped me understand quite abit about the stockmarket 10/10.

Happy Trading to all,
 
Joined
17 October 2007
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Hi All,

Wow, what a great site :)

I'm 45, and another software developer. Still developing my strategy and deciding the amount of risk, but finally picked half a dozen stocks a couple of weeks ago (go BMN !).

I'm always looking to learn more (and gee, isn't there a lot to learn!), so I'm thrilled to find a place to chat with folks with common goals.

Good Trading, Everyone :)
 
Joined
19 October 2007
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Hi all,

I too am a new starter. I have absolutely no experience or education on shares or how they work. Hence why I am here. Thanks to this forum and the opinions of many members I decided not to spend my hard earned cash on any of those "black box systems" or seminars but to learn via the old fashioned way, through the books you guys have mentioned.

Thanks guys!!

P.s any newbies who are in the same boat as I feel free to PM me, to chat about how you are educating yourself.:)

cheers all
 
Joined
16 October 2007
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Hey,

I been reading the forums for the past few weeks after stumbling across it while looking for information. Just about to take the plunge and get my feet wet.

I have been reading a few of the books you guys have recommended and I thank you for having this site open to the public.

Thanks,
 
Joined
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Recently joined the site
Its got some great information and I am enjoying it

Had a couple of years with brokers and learned the ropes a little
I am now readyto start moving away from the broker and making informed decisions that dont cost me 1.5% a time

First few trades have been good, IDL, and MPO
 
Joined
18 October 2007
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Hi Everyone,

I am glad i found this forum. Was about to plunge 4k into the seminar provided either by Optionetics or Platinum Pursuits. But after careful considerations, I think i will spend the money to buy books to read first, do paper trading before jumping in.

regards,

Arthur
Melbourne
 
Joined
17 October 2007
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Hey all

I got talked into investing in shares by my girlfriend two months ago, and haven't looked back since. I graduated from uni at the end of last year, so now that I actually have money I figured that I was better off investing it rather than letting it all sit in the bank. Decided to throw myself straight into the deep end (I can be lazy at times and figured the best way to keep my attention was to put my money on the line), and have learned a lot in that time. Stumbled upon this site a couple of weeks ago and I love it. Addicted might be the correct term to describe it...

Happy trading all :)
 
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