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| Work, School, & Money Employment, education, and entrepreneurship, as well as investment and insurance |
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05-10-2008, 03:32 AM
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#1 |
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Senior Member
Join Date: Dec 2007
Location: Bay Area, Cali
Posts: 628
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Online stock trading
Hey,
I was looking to get into online trading with some extra money that I have. Anyone here do this? If so some advice/tips would be great. Thank you Armando |
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05-10-2008, 03:49 AM
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#2 |
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Member
Join Date: Mar 2006
Location: Europe
Posts: 67
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Id advise you to look at FOREX trading.
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05-10-2008, 10:38 AM
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#3 |
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Senior Member
Join Date: Jun 2003
Location: Chicago IL
Posts: 4,725
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Stocks=Boring, Currency (forex)=dont know anything about it. But I've been finding options trading quite fun. Big risk, but if you know what's up, big reward. Much quicker cash generation than buying/selling stocks at the casino. Ex. (patting self on back)...I started hitting the casino for the past month (want to buy another car)...nice overall 80% gain.
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05-12-2008, 04:30 AM
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#4 |
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Senior Member
Join Date: Dec 2007
Location: Bay Area, Cali
Posts: 628
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thanks for the ideas
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05-12-2008, 01:45 PM
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#5 |
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Senior Member
Join Date: Aug 2005
Location: CALIFORNIA
Posts: 186
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Been doing it for a while - have fun with it. My suggestion is to practice with a fake account (most online brokers allow u to do this) until u you feel comfortable with it.
I like watching CNBC throughout the day to see whats effecting the market. A great show to watch is Fast Money on CNBC (2 and repeated 5pm - pacific time) IMO. Have fun Shawn |
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05-12-2008, 02:33 PM
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#6 |
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Senior Member
Join Date: Dec 2007
Location: Bay Area, Cali
Posts: 628
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I am going to get a practice account and see how it goes. Thanks again for your input
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