nebraska

I'm a real newbie here and I really want to not only pick the right area to start trading, but also what product to choose to get education on starting out in trading. I've seen some posts that reccommend using a practice account and just learn the ropes by doing. Is this the best way. Also, which market to start. The majority of my experience is in equities, but the forex markets do interest me. Any advice would be appreciated. James

Short term, the price may reach that level. But the innovations in fuel technologies worldwide will someday stabilize the oil market...at least I hope they do. Even if these technologies don't have a positive affect on the price of oil soon, the impact they have does make a big difference in many ways. I own a restaraunt in rural Nebraska and we currently have an ethanol plant being built in our town. The construction project alone has had an immediate impact on not only my business, but for the entire area as well. These ethanol plants are being built or are in the planning stages throughout the Midwest in the United States. This activiy shows that the investment in ethanol is one that is being taken seriously. Brazil is 100% oil independent. This may be a lofty goal for a country the size of the US, but can make an impact serious enough to lessen the need for crude oil. Additionally, smaller countries can use the developments and technologies derived from ethanol production in the US to make oil independece a reality for them.

In no way should this activity be legalised. It's unfortunate that it happens now and forces price chages on no news. But this activity simply makes it harder for the outsiders to make money as it is. It may make the markets virtually impossible to make a profit from...at least from a day trader's standpoint. I can see the argument the other way...but liken it to the war on drugs...they're doing it anyway, so why not legalise it. Just my opinion though.

Years ago I read about a strategy that involved watching for stocks that took on a pattern of rising and falling between a certain range. The author of the book referred to this as a "rolling stock". Usually the pattern happened at specific times during the year when sales were historically high and low for the company. The author of the book used the example TBY, which was TCBY yogurt. It seems that it's not traded anymore, but the way it "rolled" was during the winter months, after the hot summer months and increased sales, the stock would rise to an average of $7 roughly. Then, after a slow selling winter period, the stock would drop to around $5 or less. The nice thing about TCBY was that it would fluctuate like clockwork in $5 to $7 range constantly also. The idea was to buy on low and sell on the high of course. I'm just wondering if anyone knows of any other lower priced stocks that tend to do this, without getting to deep into cheap or penny stocks.

I've seen a lot of mention the forum about joining a trading room. I'm new to this and would like to know where I would find them. I have seen some places on certain instant messaging platforms that have financial chat rooms. Is this where I should be looking? I definately recognize the benefit of learning from others' past experiences and when I'm ready to start trading real time, maybe this would help keep the losses down. But any help finding where I could find these places would be appreciated.