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Shroom_i
Gatherer




Registered: 10/13/10
Posts: 868
Loc: Zone Six (6)
Last seen: 7 years, 6 days
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How to trade stocks?
#14131833 - 03/16/11 03:44 PM (12 years, 10 months ago) |
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Anybody know a good way to invest and sell stocks?
a good site to use to make some quick cash?
let me know.
-------------------- Prisoner#1 said: [quote]destructo_low said: Prisoner's posts by percentage. Smart and witty - 9.9999922409044% Kind and caring - 0.0000077590956% [/quote] worthy of a facepalm - 90%[/quote]
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milkman
DeliveringWorldWide



Registered: 07/04/07
Posts: 2,108
Loc: tha FLA
Last seen: 2 months, 30 days
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Re: How to trade stocks? [Re: Shroom_i]
#14131892 - 03/16/11 03:53 PM (12 years, 10 months ago) |
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charles schwab, e-trade, ameritrade
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Re: How to trade stocks? [Re: Shroom_i]
#14131952 - 03/16/11 04:01 PM (12 years, 10 months ago) |
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Quote:
Shroom_i said: Anybody know a good way to invest and sell stocks?
a good site to use to make some quick cash?
I hope you realize those are two different questions with two different answers.
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Shroom_i
Gatherer




Registered: 10/13/10
Posts: 868
Loc: Zone Six (6)
Last seen: 7 years, 6 days
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Re: How to trade stocks? [Re: DieCommie]
#14131978 - 03/16/11 04:07 PM (12 years, 10 months ago) |
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Well I'm really asking for any advice to begin. I don't really know what I'm talking about. I found a (good) site before, that seemed to be beginner friendly, but didn't do it then.
im pretty much asking, where do I begin?
-------------------- Prisoner#1 said: [quote]destructo_low said: Prisoner's posts by percentage. Smart and witty - 9.9999922409044% Kind and caring - 0.0000077590956% [/quote] worthy of a facepalm - 90%[/quote]
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4runner


Registered: 07/16/10
Posts: 15,406
Loc: State of Jefferson
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Re: How to trade stocks? [Re: Shroom_i]
#14132075 - 03/16/11 04:28 PM (12 years, 10 months ago) |
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Might want to check the Money Matters section of the forum. Probably find a lot of info in there and more help.
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Shroom_i
Gatherer




Registered: 10/13/10
Posts: 868
Loc: Zone Six (6)
Last seen: 7 years, 6 days
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Re: How to trade stocks? [Re: 4runner]
#14132685 - 03/16/11 06:23 PM (12 years, 10 months ago) |
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ahh, thank you. I didnt even think of that, since I'm never there.
-------------------- Prisoner#1 said: [quote]destructo_low said: Prisoner's posts by percentage. Smart and witty - 9.9999922409044% Kind and caring - 0.0000077590956% [/quote] worthy of a facepalm - 90%[/quote]
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you are me
Stranger

Registered: 05/09/10
Posts: 10
Last seen: 12 years, 1 month
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Re: How to trade stocks? [Re: Shroom_i]
#14132895 - 03/16/11 07:00 PM (12 years, 10 months ago) |
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I've used TD ameritrade and they were really easy to work with.
Though, I wouldn't go investing in stocks looking for quick money unless you really know what you're doing. Also, I may sound like a nut but I would consider the stability of the current financial system before throwing money into the market. I've personally moved most of my dough into commodities like gold and silver- a lot more reliable than numbers on a screen.
Just my two cents.
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: How to trade stocks? [Re: you are me]
#14132905 - 03/16/11 07:01 PM (12 years, 10 months ago) |
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PRO TIP: Don't forget that there are markets outside of the USA.
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thetechnician


Registered: 11/24/09
Posts: 1,525
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Re: How to trade stocks? [Re: Shins]
#14135456 - 03/17/11 06:48 AM (12 years, 10 months ago) |
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.
Edited by thetechnician (07/13/20 06:09 PM)
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iluvfungi



Registered: 06/17/09
Posts: 1,488
Loc: Oakland, CA USA
Last seen: 12 years, 8 months
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Zecco is cheap, just as good as Ameritrade or anyone else. Some more benefits to more expensive brokerages, but for starting might as well go cheap! Read up on Technical analysis. Know how to read http://stockcharts.com Quick lesson
The top, the RSI 30 means undervalued, 50 means median value, 70 means overvalued. The blue line is the 50 day average, the red is 200 day average. The Red and Black graph under the lines is the daily volume traded. The bottom is the MACD. It correlates with the volume, the blue graph thang.
Swing trading is a great way to make quick money.
If you look at graphs, you notice stocks go up and down based on volume and price. This correlates the the RSI and the MACD. Use the Averages to value the stock. Look at this one
http://stockcharts.com/h-sc/ui?s=mmte
Right now the stock is rising. This is indicated by the RSI at 50 and the bust up from the low a couple days before. When the stock goes down it's red, when it's white it goes up, black means it when down, but then went back up past close.
The MACD indicates this baby should still go up over the next couple days.
Here is another one, http://stockcharts.com/h-sc/ui?s=zlus
This one is almost about to go up. So right now is a awesome buy point. Either today or tomorrow it will go up, which is indicated by the MACD.
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