Stock Trading for Beginners

[monroy]

please be very careful about these seminars. one of the wisest investors, mr. graham, has accurately described active stock trading (that is the fast flipping of stocks for monetary gain) as no better than gambling in a casino. no offense to the TS and the promoters, but i really think beginners have no business messing with trading unless they are prepared to lose huge amounts of money. no seminar is going to turn an amateur into a pro hotshot trader.. there is no mathematical formula, secret or what have you that will make you beat the market this way.

as long as people know that stock trading is gambling, then this is OK. but i get the sense that the organizers are trying to make it look like a money-making scheme which it is certain not to be. just a warning to the people out there, do not gamble your life savings on stock trading even after going to seminars like this. the organizers will tell you that they have the magic formula, but they won't guarantee you against the massive losses you are likely to experience... just a friendly warning. the folks who make the most money in stocks, like warren buffet etc, don't actively trade, they invest long term.

[Balandido]

right, i agree with monroy.

trading and investing are two distinct things.

i'm a new investor with "top pick companies" of citisec
through EIP (long-term). once i've learned the skills of
trading, i would try to play the stock market too.

mdjo ingat lang gyud sa trading...as the saying goes:

"bulls make money, bears make money, but pigs are just
get slaughtered."

[johnnygomezzz]

apil nya ko

[jeremiahjay]

God willing I'll be joining..

[Metz]

please be very careful about these seminars. one of the wisest investors, mr. graham, has accurately described active stock trading (that is the fast flipping of stocks for monetary gain) as no better than gambling in a casino. no offense to the TS and the promoters, but i really think beginners have no business messing with trading unless they are prepared to lose huge amounts of money. no seminar is going to turn an amateur into a pro hotshot trader.. there is no mathematical formula, secret or what have you that will make you beat the market this way.

as long as people know that stock trading is gambling, then this is OK. but i get the sense that the organizers are trying to make it look like a money-making scheme which it is certain not to be. just a warning to the people out there, do not gamble your life savings on stock trading even after going to seminars like this. the organizers will tell you that they have the magic formula, but they won't guarantee you against the massive losses you are likely to experience... just a friendly warning. the folks who make the most money in stocks, like warren buffet etc, don't actively trade, they invest long term.

I understand your concern bai.
from the looks of it, this will be a basic seminar and they will mention the risks. so the investor will know the ups and downs and how much risk he should be willing to take.

let the future investor decide what pace he should take.
of course a lot of them want it fast, then crash and burn.
but as long as they invest "dili makapobre" amounts they should do just fine. Even if the first few picks fail.

direct investing in stocks give faster growth compared to mutual funds.
but it also demands more time, knowledge, and emotional discipline.
emotional discipline is very important samot na kung mag day trading ta.

[rescyth]

please be very careful about these seminars. one of the wisest investors, mr. graham, has accurately described active stock trading (that is the fast flipping of stocks for monetary gain) as no better than gambling in a casino. no offense to the TS and the promoters, but i really think beginners have no business messing with trading unless they are prepared to lose huge amounts of money. no seminar is going to turn an amateur into a pro hotshot trader.. there is no mathematical formula, secret or what have you that will make you beat the market this way.

as long as people know that stock trading is gambling, then this is OK. but i get the sense that the organizers are trying to make it look like a money-making scheme which it is certain not to be. just a warning to the people out there, do not gamble your life savings on stock trading even after going to seminars like this. the organizers will tell you that they have the magic formula, but they won't guarantee you against the massive losses you are likely to experience... just a friendly warning. the folks who make the most money in stocks, like warren buffet etc, don't actively trade, they invest long term.

Bati lng pagka advertise na make money easy part pero as far as the curriculum goes, it should provide a solid info for a begginner. and yes I AM A PROUD GAMBLER DAY TRADER!

[makie]

please be very careful about these seminars. one of the wisest investors, mr. graham, has accurately described active stock trading (that is the fast flipping of stocks for monetary gain) as no better than gambling in a casino. no offense to the TS and the promoters, but i really think beginners have no business messing with trading unless they are prepared to lose huge amounts of money. no seminar is going to turn an amateur into a pro hotshot trader.. there is no mathematical formula, secret or what have you that will make you beat the market this way.

as long as people know that stock trading is gambling, then this is OK. but i get the sense that the organizers are trying to make it look like a money-making scheme which it is certain not to be. just a warning to the people out there, do not gamble your life savings on stock trading even after going to seminars like this. the organizers will tell you that they have the magic formula, but they won't guarantee you against the massive losses you are likely to experience... just a friendly warning. the folks who make the most money in stocks, like warren buffet etc, don't actively trade, they invest long term.

There is a reason why seminars like this are being held. To educate the people about trading and not to think about it as gambling. Trading is a skill. There are things that you need to know and trading strategies that you have to develop unlike gambling where you rely solely to luck (and probably a little cheating).

Seminars like this won't make you a winning trader overnight. It will just provide you the basic information and basically everything you need to know for a start, you can move on on your own afterwards. You have to start somewhere and be willing to lose some if you want to become a very successful trader.

Trading and investing are different so if we base our opinions coming from investors, there will be bias because they are investors in the first place. Traders have a different POV so it might be wise to get insights from traders as well. As much as there are a lot of people who gained significantly through investing, there are also a lot who succeeded in trading.

Trading doesn't necessarily mean you have to trade daily. Anything that involves buying and selling is trading so yes, technically, investing is still considered as trading. Seminars like that doesn't promote day trading per se.

[monroy]

no. trading is trading. investing is investing. when you are investing you are buying for the long term, trading is short-term buying and selling (e.g. attempting to time the market).

in investing you are assessing the price of the stock relative to its long term future viability.

in trading you are speculating on the price of the stock relative to where it will move in a few hours to weeks from purchase. no in-depth analysis of financial statements will ever give you enough information to let you know where the stock will be in a few hours and anyone telling you differently is lying.

As Graham Bell said:

"Like casino gambling or betting on the horses, speculating in the market can be exciting or even rewarding (if you happen to get lucky). But it's the worst imaginable way to build your wealth. That's because Wall Street, like Las Vegas or the racetrack, has calibrated the odds so that the house always prevails, in the end, against everyone who tried to beat the house at its own speculative game."

further...

"On the other hand, investing is a unique kind of casino - one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor."

-- The Intelligent Investor, Benjamin Graham

i normally don't want to get into arguments with people on this, but i have seen to many lives destroyed by so-called "trading secrets" seminars that oversimplify and mislead people. yes they always say they will let people know the risks but if that is so, given the enormous risks inherent in day trading, they should know better and not be encouraging amateurs into this dangerous game. Like I said, so long as these newbies know that any kind of short-term trading is an act of gambling, then all is well. But as you can see with this post, there is already some sort of subterfuge going on... This in particular is worrying: "There are things that you need to know and trading strategies that you have to develop unlike gambling where you rely solely to luck"

On the contrary that is the only thing you need to know about day trading: it is purely luck based. And the day traders who make huge amounts of money, cannot do so consistently. So many studies have been made proving this (that even expert day traders are correct no more than 50% of the time-- in essence a coin flip) so denying this reality is a sort of trickery the kind that i just can't stay silent on because peoples LIFE SAVINGS and FUTURE are at stake here. So forgive my playing devil's advocate here, I think people should see all sides.

this isn't about creating friction between investors and speculators. i don't mind if people want to speculate as long as they have not been mislead into thinking they are doing anything other than what speculating really is... gambling.

[jeshcel]

+1 lang ko ani. bitaw, all sides should be seen. as far as i have tried...(newbie trader kunohay) di man lalim mo gamble oi.

changing style nko ani siguro, balik nko into investing with TP then buy back

[Metz]

no. trading is trading. investing is investing. when you are investing you are buying for the long term, trading is short-term buying and selling (e.g. attempting to time the market).

in investing you are assessing the price of the stock relative to its long term future viability.

in trading you are speculating on the price of the stock relative to where it will move in a few hours to weeks from purchase. no in-depth analysis of financial statements will ever give you enough information to let you know where the stock will be in a few hours and anyone telling you differently is lying.

As Graham Bell said:

"Like casino gambling or betting on the horses, speculating in the market can be exciting or even rewarding (if you happen to get lucky). But it's the worst imaginable way to build your wealth. That's because Wall Street, like Las Vegas or the racetrack, has calibrated the odds so that the house always prevails, in the end, against everyone who tried to beat the house at its own speculative game."

further...

"On the other hand, investing is a unique kind of casino - one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor."

-- The Intelligent Investor, Benjamin Graham

i normally don't want to get into arguments with people on this, but i have seen to many lives destroyed by so-called "trading secrets" seminars that oversimplify and mislead people. yes they always say they will let people know the risks but if that is so, given the enormous risks inherent in day trading, they should know better and not be encouraging amateurs into this dangerous game. Like I said, so long as these newbies know that any kind of short-term trading is an act of gambling, then all is well. But as you can see with this post, there is already some sort of subterfuge going on... This in particular is worrying: "There are things that you need to know and trading strategies that you have to develop unlike gambling where you rely solely to luck"

On the contrary that is the only thing you need to know about day trading: it is purely luck based. And the day traders who make huge amounts of money, cannot do so consistently. So many studies have been made proving this (that even expert day traders are correct no more than 50% of the time-- in essence a coin flip) so denying this reality is a sort of trickery the kind that i just can't stay silent on because peoples LIFE SAVINGS and FUTURE are at stake here. So forgive my playing devil's advocate here, I think people should see all sides.

this isn't about creating friction between investors and speculators. i don't mind if people want to speculate as long as they have not been mislead into thinking they are doing anything other than what speculating really is... gambling.

of course majority of day traders are into gambling. Where else will the stock exchange make money?
last book I read says only 20% are winning traders.
day trading takes skill, time, and emotional discipline.

there are many successful day traders but they didn't reach that spot just with talent. they studied for it and practice risk management. those who don't, join the other 80%.

or if they are lazy to study or walay time to monitor, better invest in mutual funds. lower returns but at least lower risks.