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OfflineShroom_i
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How to trade stocks?
    #14131833 - 03/16/11 03:44 PM (13 years, 15 days ago)

Anybody know a good way to invest and sell stocks?

a good site to use to make some quick cash?

let me know.


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Offlinemilkman
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Re: How to trade stocks? [Re: Shroom_i]
    #14131892 - 03/16/11 03:53 PM (13 years, 15 days ago)

charles schwab, e-trade, ameritrade

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InvisibleDieCommie

Registered: 12/11/03
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Re: How to trade stocks? [Re: Shroom_i]
    #14131952 - 03/16/11 04:01 PM (13 years, 15 days ago)

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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OfflineShroom_i
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Re: How to trade stocks? [Re: DieCommie]
    #14131978 - 03/16/11 04:07 PM (13 years, 15 days ago)

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?


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Invisible4runner
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Re: How to trade stocks? [Re: Shroom_i]
    #14132075 - 03/16/11 04:28 PM (13 years, 15 days ago)

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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OfflineShroom_i
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Re: How to trade stocks? [Re: 4runner]
    #14132685 - 03/16/11 06:23 PM (13 years, 15 days ago)

ahh, thank you. I didnt even think of that, since I'm never there.


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[quote]destructo_low said:
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Offlineyou are me
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Re: How to trade stocks? [Re: Shroom_i]
    #14132895 - 03/16/11 07:00 PM (13 years, 15 days ago)

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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InvisibleShins
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Re: How to trade stocks? [Re: you are me]
    #14132905 - 03/16/11 07:01 PM (13 years, 15 days ago)

PRO TIP: Don't forget that there are markets outside of the USA.


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http://yourlogicalfallacyis.com/

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Invisiblethetechnician
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Re: How to trade stocks? [Re: Shins]
    #14135456 - 03/17/11 06:48 AM (13 years, 15 days ago)

.

Edited by thetechnician (07/13/20 06:09 PM)

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Offlineiluvfungi
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Re: How to trade stocks? [Re: thetechnician]
    #14135561 - 03/17/11 07:37 AM (13 years, 15 days ago)

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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