You see jakes - Its best to pretend to be an old hand, that way you dont get sarcasm like that. Basically the market runs on sentiment & that explains why there is such volatility currently - lack of trust & direction all over the globe. I suggest you spend a littl emoney & lots of time reading as many books as yo can get yr hands on - topics on Technical analysis & fundamental investing. Then play with a little paper portfolio, test yr strategy (define yr strategy before you start) understand the concept of a trailing stop loss etc etc. Then come back.....otherwise you will be just another one of those guys who started with no clear strategy & ended with no clear cash !!!