Members Meet New Members Discuss Brand bew baby to stock marketing in the Cat House forums; I'm totally new to the stock market.I started reading different material about stock and feel like a baby who just started, trying to do her shoe lases .I ...

moon1 · #1 10-04-2007, 04:20 PM

I'm totally new to the stock market.I started reading different material about stock and feel like a baby who just started, trying to do her shoe lases .I bought your CD 'trade like a pro ' but it very complicated for me , if somebody did start to do the stock market from total '0' can recommend me from what to start.Thank for understanding and suggesting:confused:

**CATFISH** · #2 10-04-2007, 09:44 PM

i addition to cd which i think is phenominal here is a link to a free online school to learn the different candlesticks and basics http://stockcharts.com/school/doku.php?id=chart_school. ask lots of questions. if you do not feel comfortable asking on the forum pm me and i will be glad to help. glad to have you with us

#3 10-05-2007, 02:35 AM

welcome moon and glad to have another female here b/c there are way too many males lol.... fwtiw - whatever you do and i can not stress this enough b/c i fell victim to this big time when i first started out and still do lol... SO fwtiw do not buy into what anyone says or thinks without checking out at least the first 2 things listed here Basic Guidelines for New Traders... if you see that the pps history reflects that a penny or subber stock has not really gone beyond a certain range then chances are most of them will not (but there are exceptions).... so imo best to buy as close to the bottom as you can and take any green you can until you know what you are doing.... best of luck with your trading and you have come to a good place to learn :o

Ciao · #4 10-05-2007, 03:41 AM

Welcome aboard Moon1 you are in the right place for your “baby” to leave and see it grow $$$$$$ ;)

One thing I will strongly recommend and suggest is to simulate trading and get experiences with paper money but
see it as it would be your own…. Learn from mistakes, change strategies and trading until you found the one that suit you..
ask question whenever you like, I am sure someone (if not all) here will be glad to answer…

Good luck

Ciao · #5 10-05-2007, 03:49 AM

Quote:

Originally Posted by fireopal

welcome moon and glad to have another female here b/c there are way too many males lol.... fwtiw

wow... at last more Ladies.... ;):D

I can see why Catfish asked to pm him ;) uhmmm

I could take her and you with me in the olive groves and
we could talk about trading.... ++ birds and the bees LOL

have a nice day... :D

moon1 · #6 10-05-2007, 04:42 PM

Thank you gentlmen for the hearting warming messsage:o. Thank you for all the suggestion. Im going to start working on it. I fell like im in an operating room and someone gave me a scalpel and a book of an instruction and told me" Here follow the instrucions and you can manage to do the liver transplant".

I start trading on stock simulator and I can see that before you start trading on your own you have to know a lot. Wihtout knowledge you will be on the street in two days. Im not trading on my own money yet. I just started looking into it. Thank you again. Im welcoming all suggestion that will help me get more knowledge.

**BadThad** · #7 10-05-2007, 05:14 PM

Welcome to the forums!

Lesson one:

There's basically two types of traders:

1) Fundamental - Goes by financials and other classic information.
2) Technical - Goes by Greencat's methods, looks purely at the "numbers" aspect.

I'm a mixed trader with a focus on fundamental. Most of my buying is for my future retirement, so I focus on big board stocks of well established companies. Where my money is pretty darn safe and I can get steady growth and nice dividends.

The majority of the traders on this forum are technical and they like penny stocks. With these, you can turn a little bit of cash into a lot of leverage by purchasing a large number of shares. The problem is the risk is huge. You can lose your money just as fast as you make it. Just be prepared to lose money, it's all part of the game. The idea is to make more than you lose...obviously....LOL....but you WILL lose.

My best advice....READ! There's a wealth of info on the web. Do your own DD! We have a whole forum section on DD, go read. Don't ever trust 100%what people post or say anywhere on the web. Find it for yourself and make sure it's from a legit source. For every legit article on a stock, there's a BS one somewhere. LOL

Good Luck!

elvis · #8 10-07-2007, 02:52 PM

welcome moon1 gl with your endevours.

listen to what the guys or dolls (don't know all the time) say on this forum, sure helped me out when i needed it (make sure to judge the information given on your own). i'm also fairly new to the market, i still feel like a baby trying to tie my shoes (like you said

). my opinion, keep on studying greencats video "trade like a pro" and search the net for whatever you can that sounds like legit information.

stray away from the places that say things like guarantee, or promise stock picks, you won't learn nothing there.

i did purchase another tool to get where i am right now, but i don't want to advertise that in public. i'm still not 100% sure the system will work for me, therefore i won't even pm someone to recommend it.