Learn to trade

[#1]

Any who can teach me how to trade one on one,I am in Durban

[SkarlakenKoos]

Trust me on this: teach yourself! Attend the SCMB courses, read books and paper trade. My reasoning? Well, I can't think of someone that will really do this for free. (Except if you find a really nice person that will stick with you for 9 months and teaspoon feed you all the knowledge that he/she taught him/herself.) Paying someone is a catch-22. Let's say that my system is the fool-proof make-money crystal ball solution. Why would I want to sell it to you? I surely don't need the money, because my system makes money for me. The only person that will sell you their system (whether on paper or software *wink-wink*) will be systems that simply does not work and the inventor is repainting them, adding bells and whistles and recycling it for more than it is worth (in order to stay semi-solvent!). Trust me, teach yourself.

[#3]

very good advice

[john_1]

Simple..never take a big losses..what else is there.

[Rovert]

buy low sell high

[john_1]

that only works for veggies...

[Quakedog]

Biggest lesson like John said "never take big losses"....once your capital is depleted its real tough to recover.

[#8]

never get GREEDY, set your target for profit and stick to it as well as losses

[#9]

nowadays i can buy high and sell low

[Werner_1]

buy low sell high does work. everyone always does it -> there is no other way to make any money on anything in this world without this! not. but rather say "Buy, Sell Higher" this works for long and short... if anyone disagrees, please tell me how you profit if you don't buy and sell higher?

[#11]

SSF - to short a share, buy a share lower as what it is a the present moment

[Werner_1]

when you sell a share short you selling high, then buying in low, so in effect you still buying and selling higher...

[Werner_1]

so this is just a different order, same effect, when looking in the sense of buying and selling, still buying lower than selling...

[john_1]

The buy ...and sell higher does make better sense..its also the reason why trends following works..as everybody is trying to do just this.

[Werner_1]

yes, i agree that trying to buy at the lowest level isnt correct, nobody can consistently time the market 100%, but buy, sell higher is a bit easier to achieve...

[#16]

Always trade with a stop loss

[DR_1]

You should consider putting 80% of your money into solid stocks and trade with teh balance 20%. Trading is a zero sum game, some one has to loose for you to make money.

[Rovert]

the same applies to solid stocks though

[nala]

i went to a'share direct' meeting a month ago for a full day of trading the alsi-very high powered and interesting- at R500 per seesion thats darn expensive -lucklly i went as a freebie- same question pops into my mind - in the system is so good why sell it and the reply i got i love to teach- effectivelly it means bring your money and i will teach you how to spend it.-REMEMBER MIND REMEMBER WHEN THE CASH IS GONE THE GAME IS OVER

[louisg]

Rovert, not if you are holding for the longer term. You buy at 10 and sell to me at 15. I then possibly sell it at 20. Win-Win situation. Derivatives are different in that its you win 10 I lose 10, Win-Lose situation.