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Thread: Any1 buy/sell stocks??

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    Default Any1 buy/sell stocks??

    Hey guys, i'm starting to invest in stocks (day trading...or more like week trading). Any experienced traders have any tips for a noob that's starting off with like 300 bucks?

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    I think trades that involve irl cash is only done in the BlackMarket (You need junior memb. or higher rank to trade there) We normal users can only trade ingame stuff for ingame money For example, I have botted 100k+ Astrals now and you need alot of astrals to lvl farming/magic @ Lividfarm. Then you can buy those astrals off me

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    He means real stocks like oil and gold etc

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    300 aren't that much. I would go all-in and full risk. Best choice for you is US options (derivates).
    PM me, I could send you one of my portfolios and give you some advice, but 300 is.. Hard to gamble with :/ With this kind of investitions the risks are very high.

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    Double your investment every year and you'll have 307200 in 10 years. I'm interested in some advice too but I don't live in the US. Is it harder/move expensive to invest into things in other countries?
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    Quote Originally Posted by weequ View Post
    Double your investment every year and you'll have 307200 in 10 years. I'm interested in some advice too but I don't live in the US. Is it harder/move expensive to invest into things in other countries?
    obviously you have to consider exchange rates from your currency to the US dollar, if the exchange rate is low then you will be able to get more bang for your buck - ie you'll get more for your money but if exchange rates are higher you will get less.

    The best bet would be to analyse the exchange rates for a bit. If you wanted to do easy money flipping you could trade basic currency for a while - if you have a lot of money this would be easy to pull a profit on the days trades

    Hope I cleared anything up.

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    why dont you try converting currencies?? although to make real money you need substantial amount to start off with and also understand currencies quite a bit. its not just a simple matter of thinking which ones are higher. There is charges involved with such high quantities of money, Also if i remember right its illegal to do it for someone else unless you have a license? i think some guy was jailed for it in england there like 2 months ago and he was making millions.....

    i know at the minute im buying 10000 of something for £3000 and selling for £7000. :P all i have to do is post it.

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    Quote Originally Posted by weequ View Post
    Is it harder/move expensive to invest into things in other countries?
    Nope. You just have to find a good bank in your country. Find a bank with access to all the big exchanges, then you will have access to the US exchange. (NYSE)
    Keep in mind, you have to find a low service fee, to be able to reach the break-even as fast as possible.
    If you follow a strategy and you have a nice amount of beginning money, some people speak of 8 percent every year. (Constantly, low risk)

    @Bennyp12
    Currency trading is only rentable with higher amounts of money. I would not invest in these kind of things in such unstable times.
    There is a very low chance of even reaching the break-even with the brief/geld of the banks nowadays.

    @Glassir
    I am not sure what kind of investment this is. Could you explain it a bit more detailed?

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    Quote Originally Posted by Gala View Post

    @Glassir
    I am not sure what kind of investment this is. Could you explain it a bit more detailed?

    was basically talking about changing say american $ to chineise yen and then to english £ and then to american $.. at certain times you can make like a 0.01% increase because of the different values between different countries. but as there is usually only a 0.01% increase if any in your total investment you need a quite substantial sum of money. 0.01% of $300 is a grand total of $0.03. not really worth talking about with only $300. But i remember reading in the news where there was a man in england doing this except he was trading millions. so for £1,000,000 he was making only £100. the thing was he was doing this with far bigger sums of money and doing it daily. then he was contracted to work for a stocks firm doing this. but to do this sort of thing in a business you need some sort of license. something he did not have. so now he is in jail! :L

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    So basically you mean "simple" currency trading?

    Edit: what do you mean with illegal? You don't need any license to do this here.
    Last edited by Gala; 05-07-2012 at 02:22 PM.

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    basically yeah... :L

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    Quote Originally Posted by Glassir View Post
    was basically talking about changing say american $ to chineise yen and then to english £ and then to american $.. at certain times you can make like a 0.01% increase because of the different values between different countries. but as there is usually only a 0.01% increase if any in your total investment you need a quite substantial sum of money. 0.01% of $300 is a grand total of $0.03. not really worth talking about with only $300. But i remember reading in the news where there was a man in england doing this except he was trading millions. so for £1,000,000 he was making only £100. the thing was he was doing this with far bigger sums of money and doing it daily. then he was contracted to work for a stocks firm doing this. but to do this sort of thing in a business you need some sort of license. something he did not have. so now he is in jail! :L
    The problem with that is almost all currency conversion places will charge you considerable fees. And anyone who you would make angry by doing that (namely banks) could probably sue your pants off if you actually were making any considerable profit. I'm unsure if it's be classified as that, but it could be twisted to look like that. You really don't want to make anyone mad, especially with money.

    PS: I'd like to see one of your portfolios, Gala.


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    My friend used to do currency exchanges and made some money, but i'm walking the stock-trading path because idk, i think it's easier to predict and once you start investing a lot you start making a lot. In some cases you could flip almost 1k irl cash a day if you have enough invested (trying to get to this point). At this moment though, i'm just practicing and i finally made the deposit into my online broker .

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    i am in australia and i would advise http://www.asx.com for information on stocks, but in the end, it all comes down to research and luck. I would advise some investments in safe companies, some in long term companies and also some in really crappy companies because they only way they can go, is up!! or bankrupt :P

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    @chosen357
    I can't open this website :/

    I use this one:
    http://finance.yahoo.com/

    Pretty good infos/news/charts/analyses.

    And what do you mean with "crappy companies"?

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    Quote Originally Posted by Gala View Post
    @chosen357
    I can't open this website :/

    I use this one:
    http://finance.yahoo.com/

    Pretty good infos/news/charts/analyses.

    And what do you mean with "crappy companies"?
    By crappy companies, he means companies that are just starting up. These are risky however. These companies tend to have low share prices, some valuing as low as a penny per trade. You can imagine how people will throw entire investments into such companies hoping for a small influx making them bank. My friend invested 1grand and lost it cuz most of these are scams. Either way, small companies are good if you're a risk taker which I'm not. I think i'll stick with the big companies haha.

    Update: Still havn't invested yet...economy's crashing and fluctuating like crazy

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    Quote Originally Posted by Gala View Post
    @chosen357
    I can't open this website :/

    I use this one:
    http://finance.yahoo.com/

    Pretty good infos/news/charts/analyses.

    And what do you mean with "crappy companies"?
    sorry i ment this: http://www.asx.com.au/

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    @Neega Rose
    As a private investor I would never invest in startup companies. (crappy company is the wrong term imo :S)
    You can't tell if a startup will even survive the next year, except you know the administration and what they are doing.
    Some years ago (especially after fukushima) many people I know decided to invest big amounts of cash in solar-technology companies. A lot of them lost all their money.

    I would do this only if you are very into this business and you are pretty sure there is no corruption. (although you can't tell surely)

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    I do, but usually keep everything to myself. What I do though is read read and READ! read updates of the company you are interested or have invested.

    Good Luck Mate!

    Note: Keep adding on to your investment every month, example: getting paid $100 a month...take $20 out every month and invest!

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    Quote Originally Posted by fletcher18 View Post
    I have been trading currencies (foreign exchange) irl for a year and half and now after all that experience in trading .. lets just say my account size is shrinking at a much slower rate than when I first started .. Stocks I would say are more reliable and less riskier than trading currencies though.
    what about trading off of charts? when trading stocks do you guys analyze charts and look for trading signals?

    thats how I trade with currencies. I rarely follow the news about bank rates, employment etc.. and I do pretty good .... until I make that one stupid impulse trade

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    Ofc you have to follow all news, but it is bearly impossible to predict things or to react fat enough (professional traders will get the infos first)

    The only way to follow a strategy is to analyze the chart and the facts.

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    Quote Originally Posted by Glassir View Post
    was basically talking about changing say american $ to chineise yen and then to english £ and then to american $.. at certain times you can make like a 0.01% increase because of the different values between different countries. but as there is usually only a 0.01% increase if any in your total investment you need a quite substantial sum of money. 0.01% of $300 is a grand total of $0.03. not really worth talking about with only $300. But i remember reading in the news where there was a man in england doing this except he was trading millions. so for £1,000,000 he was making only £100. the thing was he was doing this with far bigger sums of money and doing it daily. then he was contracted to work for a stocks firm doing this. but to do this sort of thing in a business you need some sort of license. something he did not have. so now he is in jail! :L
    he means forex, essentially

    $300 is not nearly enough for forex. don't forget broker fees, etc

    Quote Originally Posted by Gala View Post
    @Neega Rose
    As a private investor I would never invest in startup companies. (crappy company is the wrong term imo :S)
    You can't tell if a startup will even survive the next year, except you know the administration and what they are doing.
    Some years ago (especially after fukushima) many people I know decided to invest big amounts of cash in solar-technology companies. A lot of them lost all their money.

    I would do this only if you are very into this business and you are pretty sure there is no corruption. (although you can't tell surely)
    agree! indiv investors should never invest in ipo's, leave that to the institutions. facebook is a prime example - the public expected it to have a large pop, but JPM/MS/GS knew had access to facebook's actual finances, and knew that it was going down.
    'corruption' is existent in one form or another across the board. there's little you can do about that.


    Quote Originally Posted by Fletcher View Post
    what about trading off of charts? when trading stocks do you guys analyze charts and look for trading signals?

    thats how I trade with currencies. I rarely follow the news about bank rates, employment etc.. and I do pretty good .... until I make that one stupid impulse trade
    trading off charts - micro trading
    trading off trends - macro trading

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    MoneyWorks4me offers the Best Fundamental Stock Analysis & Free Portfolio Management Tools.We help you in Safe Stock Investing through Value Investing principles.

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    Quote Originally Posted by Sirenia View Post
    I think trades that involve irl cash is only done in the BlackMarket (You need junior memb. or higher rank to trade there) We normal users can only trade ingame stuff for ingame money For example, I have botted 100k+ Astrals now and you need alot of astrals to lvl farming/magic @ Lividfarm. Then you can buy those astrals off me
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    For me i have been following my father like 6 years ago
    i pretty much merchant the same concept in RS too lol

    Make sure to read a lot and analyses the charts previous prices

    I work under Zurich International so
    My advice to start with Zurich company
    they got some decent polices and flexibility

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