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mooregd

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    TradersLaboratory.com
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  1. There are lots of ways to trade so your going to get lots of different answers. Some folks prefer to trade stocks on a daily basis others use options. Some use futures or forex. My suggestion is for you to trade something that you are interested in. You work in a call center may be you could find a few stocks that are in that sort of business and follow them or trade them. Or if you have to drive a lot and worry about the cost of gas and oil, follow the oils. Find something that interests you and make it part of your list to get to know all about it. Pick out 5-10 items (stocks or futures or currencies) and just become an expert on them. You should know their probably opening price the next morning and how many shares are outstanding. This idea of chasing different hot stocks around is not a good idea unless you like loosing money. Pick some and become an expert on them and you'll make money. You need to learn basic discipline too. Money management is the most important lesson to learn. If you learn it you will do OK. If not, just send your money on over to me. Learn how to protect your shares when you expect bad news and how to time markets. Best of luck to you.
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