Getbig.com: American Bodybuilding, Fitness and Figure

Getbig Main Boards => General Topics => Topic started by: Nordic Superman on October 23, 2006, 06:56:11 AM

Title: Online stock trading
Post by: Nordic Superman on October 23, 2006, 06:56:11 AM
Anyone here do stock trading online?

I'd like start doing some online trading. Any tips, preferred services, starting costs etc would be helpful...

Q's:

Can you starting investing with only $1000, and make a profit, is the initial get going more expensive than this?

What is your prefered online stock broker? What is the cheapest etc?

Any help mucho appreciado!
Title: Re: Online stock trading
Post by: xpac2 on October 23, 2006, 07:03:12 AM
Why would you look for stock advice on a bbing messageboard? There are thousands of stock boards. Relying on meatheads for financial advice is like asking a financial advisor for juice advice..
Title: Re: Online stock trading
Post by: Bigger Business on October 23, 2006, 07:05:14 AM
Historian Yates = teh guru at online trading

he will tell you to find another 9k, all of which you are prepared to lose.

He plays his cards close

and I respect him

xox
Title: Re: Online stock trading
Post by: Nordic Superman on October 23, 2006, 07:05:54 AM
Why would you look for stock advice on a bbing messageboard? There are thousands of stock boards. Relying on meatheads for financial advice is like asking a financial advisor for juice advice..

Have some respect for your iron brothers >:(

But yeah, you're right, this place is full of gays, muzzies and gym rats so maybe a dedicated stock forum is the way forward! :P
Title: Re: Online stock trading
Post by: Nordic Superman on October 23, 2006, 07:08:25 AM
Historian Yates = teh guru at online trading

he will tell you to find another 9k, all of which you are prepared to lose.

He plays his cards close

and I respect him

xox

So, you're saying a start of $10K which I should be prepared to lose?

I've never traded in my life, I'm prepared to waste $1k to learn with but not 10...

The trading fees are off putting for someone who just wants to do it as an hobbie/learn.

Yeah yeah I know there are stock exchange simulators but it takes away the fun of losing and winning!
Title: Re: Online stock trading
Post by: Bigger Business on October 23, 2006, 07:09:50 AM
Why would you look for stock advice on a bbing messageboard? There are thousands of stock boards. Relying on meatheads for financial advice is like asking a financial advisor for juice advice..

Not all of us are meatheads mate

Getbig has some very successful peeps on it

you'd be very surprised
Title: Re: Online stock trading
Post by: Bigger Business on October 23, 2006, 07:15:04 AM
So, you're saying a start of $10K which I should be prepared to lose?

Thats from Yates and he does well...apparently his old man showed him the ropes and I believe its what he does for a healthy living. 10k would be 'worthwhile' I guess, for a somewhat reasonable return.

I'm just regurgitating what he's posted before


Title: Re: Online stock trading
Post by: Nordic Superman on October 23, 2006, 07:18:45 AM
Thats from Yates and he does well...apparently his old man showed him the ropes and I believe its what he does for a healthy living. 10k would be 'worthwhile' I guess, for a somewhat reasonable return.

I'm just regurgitating what he's posted before

Sounds like a cool job really, I can see myself getting obcessed with it tho :o
Title: Re: Online stock trading
Post by: Bigger Business on October 23, 2006, 07:32:17 AM
Sounds like a cool job really, I can see myself getting obcessed with it tho :o

shoot him a pm...he'll point you in the right direction
Title: Re: Online stock trading
Post by: Diesel1 on October 23, 2006, 07:34:57 AM
Sounds like a cool job really, I can see myself getting obcessed with it tho :o

Forget stock trading, have you considered running a small corner shop?
Title: Re: Online stock trading
Post by: Nordic Superman on October 23, 2006, 09:16:04 AM
Forget stock trading, have you considered running a small corner shop?

Hahaha I can only dream ::)

Your recent pro muzzie comments are pissing me off Chesney >:( :-*
Title: Re: Online stock trading
Post by: TorontoRaptorsFan on October 23, 2006, 10:01:27 AM
Anyone here do stock trading online?

I'd like start doing some online trading. Any tips, preferred services, starting costs etc would be helpful...

Q's:

Can you starting investing with only $1000, and make a profit, is the initial get going more expensive than this?

What is your prefered online stock broker? What is the cheapest etc?

Any help mucho appreciado!


If you're going to invest I would highly recommend starting with at least 5-10K. I've been investing in the stock market since I was thirteen so if you would like any initial help I would be more than happy to help you.

Title: Re: Online stock trading
Post by: Camel Jockey on October 23, 2006, 01:42:33 PM
Anyone here do stock trading online?

I'd like start doing some online trading. Any tips, preferred services, starting costs etc would be helpful...

Q's:

Can you starting investing with only $1000, and make a profit, is the initial get going more expensive than this?

What is your prefered online stock broker? What is the cheapest etc?

Any help mucho appreciado!

It's not that easy, bro. Most stocks don't even give dividends and you gotta hold on to common stock for a certain amount of time to really make a buck.
Title: Re: Online stock trading
Post by: BayGBM on April 09, 2007, 08:44:32 PM
DNDN
Dendreon's prostate cancer drug has gotten favorable reviews from the FDA recenlty.  Check out their chart.  In the last month it has gone up 450%!  It was up 30% today alone!


PNPFF.PK
MGA.TO
A week ago, I had brunch with a wealthy friend of mine; he said he had recently made a few hundred grand in Uranium.  This is not my area and I don't have his kind of dough, but on his say so I threw a few grand at it with the two plays above.  Today PINETREE CAPITAL LTD was up 14.38%
MEGA URANIUM LTD was up 26.85%

FPL
I tend to go with safter plays like FPL; it's up 50% in the last 12 months.

Title: Re: Online stock trading
Post by: Thin Lizzy on April 10, 2007, 12:42:42 AM
Anyone here do stock trading online?

I'd like start doing some online trading. Any tips, preferred services, starting costs etc would be helpful...

Q's:

Can you starting investing with only $1000, and make a profit, is the initial get going more expensive than this?

What is your prefered online stock broker? What is the cheapest etc?

Any help mucho appreciado!

Etrade has served me well: Easy-to-use trading platform,  Quick trade execution,  and pretty cheap transaction fees.

Starting with $1000 is the stock market equivalent of playing the nickle slots in Vegas. But, it's a good idea to start small because it takes a couple years to learn the game, the hardest part being the emotional ups and downs.

Here are a few books:

The Battle for Investment Survival - Gerald Loeb

How I made $2,000,000 in the Stock Market - Nicholas Darvas

How to Trade in Stocks - Jesse Livermore


Couple of Good Websites

Morningstar.com

Bigcharts.com
Title: Re: Online stock trading
Post by: PhoenixRising on April 10, 2007, 03:08:16 PM
Check out Sharebuilder as well.  The price for trading is pretty low and they let you buy stocks in odd lots so you are able to spread your money around a little more.