Shares Trading - Tips, Insider News, Market News, etc

[Augmum]

To play the stock market, one needs to equip with technical analysis knowledge and skills …

though with insider tips will give one an opportunityto make quick bucks.

i am not a pro…but i am a great believer of charts………
With charts, u can time yr entry and exit more accurately
rather than based on emotion…buying on europhia and selling on fears……
And best not to read too much into news, be it good news or bad news….
As we, retail investors, are often too late to react to news,
example… the case of a bad news, after the initial big gap down,
the moment when one sells, soon…shall see the immed rebound…
with tick by tick realtime charts, it helps to minimise cut loss…

[MadScientist]

peapot:

First time visiting this thread. Hmm....I know nuts about shares but I would like to invest in some than to just let cash sits in the bank and collects miserable interest rate.


How do I start? Where can I get some basic information to begin with?
Pls enlighten, thanks!!

Start learning.... Invest in yourself first.

There are various disciplines of share/stock trading... I am more of a trader than investor though I do both.

Some are fundamentalist, but like Augmum, I am also a chart artist.

There are various ways to start learning...
0. Learn about yourself and the real person you are... VERY important.
1. Read books
2. Read magazines
3. Join an online community, some allow you leeway to ask noob questions
4. Find mentors to learn from

[Augmum]

MadScientist:

peapot:

First time visiting this thread. Hmm....I know nuts about shares but I would like to invest in some than to just let cash sits in the bank and collects miserable interest rate.


How do I start? Where can I get some basic information to begin with?
Pls enlighten, thanks!!

Start learning.... Invest in yourself first.

There are various disciplines of share/stock trading... I am more of a trader than investor though I do both.

Some are fundamentalist, but like Augmum, I am also a chart artist.

There are various ways to start learning...
0. Learn about yourself and the real person you are... VERY important.
1. Read books
2. Read magazines
3. Join an online community, some allow you leeway to ask noob questions
4. Find mentors to learn from

hi-five...absolutely agree with yr 5 points.......

me too..... a trader more than an investor......
i closed all my positions by the end of the day, esp futures
as for stocks, would hold overnite if it shows a long white candle......

[MadScientist]

Augmum:

hi-five...absolutely agree with yr 5 points.......

me too..... a trader more than an investor......
i closed all my positions by the end of the day, esp futures
as for stocks, would hold overnite if it shows a long white candle......

:boogie:

Nice... scalper!

oh yeah... share with you something... remove the colours of the candles... would help psychologically.

[Edureach]

Wah, Augmum MadScientist are both season traders, Good!


My style, cyclical investor with 2-3 yrs holding equities on an uptrend, stockpicking primarily using FA and timing using TA. Normally like to start picking stocks approx 9-12 months after major sell down of major blue chips and complete buying in 12-18 mths to ensure my reading is correct, prefer to buy on the way up. Much prefer a concentrated porfolio as oppose to diversification to outpeform the broad mkt.


As for trading, more of a position trader dubbling in US stock indices.

[BlurBee]

Augmum:

me too..... a trader more than an investor......

i closed all my positions by the end of the day, esp futures
as for stocks, would hold overnite if it shows a long white candle......

:hi5:
My DH also close his position everyday.

[Emelyn]

MadScientist:

3. Join an online community, some allow you leeway to ask noob questions

Any recommendation on online community ?

[sssdarlings]

Emelyn:

MadScientist:

3. Join an online community, some allow you leeway to ask noob questions

Any recommendation on online community ?

Ya, which books and magazines?? I always read/ h ear about doing research. But what are the research sources?

[MadScientist]

Emelyn:

MadScientist:

3. Join an online community, some allow you leeway to ask noob questions

Any recommendation on online community ?

Yes... some are subscribed, others are free...

Depends on instruments as well.

forexfactory has a huge forum...

and there is a following on Spiketrade in Singapore. A number of SGporeans are in SpikeTrade... I found out about this when I was in a workshop with Dr Alexander Elder.

For a start, read Elder's books... I like this management, etc. He taught me many things no other can teach.

[MadScientist]

sssdarlings:

Emelyn:

[quote=\"MadScientist\"]
3. Join an online community, some allow you leeway to ask noob questions

Any recommendation on online community ?

Ya, which books and magazines?? I always read/ h ear about doing research. But what are the research sources?[/quote]FinancialSense.com is a good place to start... for those who have some knowledge and want to know more about economics. Some authors there are out of whack so be wary. After a while, you will know those who are more grounded.

Locally, there is the Trader's Journal and Forex Journal, both of which are very technical in nature... but a good launch pad. At times, they take articles from FS.com

For books... there are SO MANY... our NLB has so many of them.
It depends on you...

I recommend that you start with a book on the Enneagram.
First, learn about yourself... then about the markets.
I did it the other way around (and so do most people), so had to back track a bit.

Then find out what kind of person you are, how you would trade/invest.

The next book is by van Tharp... SUPERTRADER. His latest book, and by far the easiest to read.

Good luck!