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Community


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Online Share Trading

Engage and learn about markets and trading online

First time

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Not applicable
whats up guys,i need some help....... Whats de best to start in???lets say bout 10grand for a start.
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11 REPLIES 11
Cruising
Contributor
Find a good, solid blue chip share, BIL, AGL, many others, Buy and come back in five years and see how much money you have made. Do not be impatient.
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Not applicable
The most important tip is to disregard any tips that anyone else gives you. Do your own research, ensure the company will remain profitable into the future. You can find brief profiles of all the companies here on OST, and on moneyweb.co.za.
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Not applicable
Stay away from warrants,if u have to rather buy instalments.Decide what ur percentage loss max will be and sell if it goes that low,else ur 10k will be worth nothing in no time
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Plonky
Super Contributor
Good advice so far.... make sure you buy a share that trades regularly. You dont want to sit with a share that you cant sell.
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louisg
Super Contributor
What are you trying to achieve?
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Not applicable
financial shares o believe is undercooked and i believe will go up as soon as boom starts again
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Russ
Super Contributor
Boom gates are closed until further notice.
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kwagga
Super Contributor
Pay it into your bond, and forget about trading. This market is so *****ed up right now, that you're bound to loose money except if you get lucky.
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bulletjie_1
Frequent Contributor
Its like asking whether you should start smoking....its just bad for newcomers...except maybe Timato, he is on a winning streak
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Not applicable
People judge the market as messed up because it has lost so much ground in the past few months. That is exactly why it is a good time to start now - there are a number of good companies, making good profits, at cheap prices. Buy cheap, sell expensive - this is a great time to buy.
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Galuc
Super Contributor
I agree, rather place the money in your bond because with that amount of money to start trading, you are not able to get an even spread! Understand this, you are going to lose some money! Then u will get wiser, that is how the cookie crumbles. Maybe later when u have mastered ur stop losses and read a million books on great traders, cos the bad traders don't write books, remember only 2% of traders are great traders, then u will start doing wise trades! omo
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