Australian (ASX) Stock Market Forum

Interested in buying shares

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31 December 2011
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Hello all,

I am interested in buying shares in a company. I have a rough idea on how it works. What would be the best way to do it?

chawker
 
Hello all,

I am interested in buying shares in a company. I have a rough idea on how it works. What would be the best way to do it?

chawker

Hi Chawker,

Welcome to aussiestockforums

I think the first question is: How much money are you looking at investing/punting with?
 
Learn how to analyze reports, balance sheets and news. Familiarize yourself with the sector your investing. Learn how to chart - technical analysis tutorials are available all over the web.

First thing you need is an account with a broker. I'm with belldirect - $15 each way trades.

You need to organize yourself a backtested strategy. Find your edge through paper trading before hiting the real market.

My first cash picks were very good, however because I handled them wrong, I missed out. Find your edge before jumping in.

Just some advice from another beginner :)
 
My advice is to find 10 or so securitys that you think have a good upside.
LEARN THEM LIKE THEY ARE YOUR OWN CHILDREN,KNOW THE HIGHS AND THE LOWS,AND TRADE THEM ACCORDINGLY AND NEVER,NEVER PLAY THIS GAME WHITHOUT A STOPLOSS IN TIME OF RADICAL WORLD ECONOMIC UNCERTAINTY.
AND NEVER TRY TO CATCH FALLING KNIVES.
My :2twocents
 
The guy just wants to know a broker im sure...not the rest of the piffle you guys are trumping....

why try to make it so much harder than it is..

the guy that reccomended bell is a good one...or comsec mate....

salamat..mark
 
comsec.com.au

or

http://etrade.com.au

Are good for beginning traders.

I use both in case some boofhead pulls a plug and closes the site down when I need to place an order.

Best with your investing mate.

There are good click ons for new investors on both sites.

gg
 
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