True motive for joining the stock market

[#1]

Once again I would like to apologise to everyone on the forum. I joined the market to try and make decent amount of money, so that I can open a three to four bay carwash. I noticed an opportunity to open one her by my business. There's thounds of cars that pass by here everyday. I can hire at least another eight to ten unemployed people. Seriously the uneployment around here is bad. Near Hammanskraal, where those three guys got burnt by those electric cables. You see the hunger pangs everyday causes them to try and steal, wherever they can. I feel ashamed to see someone scratching in the dustbins. I feel the need to help such a person with food or a job if I had one for him/her. The other day I saw a beggar nearby her eating grass, seriously grass. If the washbays start working well enough, then I want to build soup kitchens for the hungry and get some sponsors to help out too. That is why when I asked for advice, the answer were useless which added fire to my frustration and when I started to pickup on my trades, I got too excited. I am not normally like an Ahole. It's just then passion for my future vision is strong. I hope everyone will understand now, why I acted like fool. Once again I'm very sorry to all...

[#2]

Odds are the stock market won't turn you a quick penny. Profits come from years of refining a system and making a small margin by having slightly more wins than you have losses. Read "Trade your way to financial freedom" - by Van K Tharp before you wipe out 50% of your account - as almost always seems to happen with new traders.

[#3]

You are not going to make a quick buck on the stock market. Promise. And if you do, you will lose it all again AND MORE because of greed. Promise.
These are just the facts. And that is how it happens more than 9 times out of 10.
But, as a beginner, you are obliged to ignore those facts because you're *different* from everybody else. Sorry to be a bit crass about this, but if you do what every other beginner does (me included) you are going to lose a helluva lot of money if you think there's easy money to be made in this type of trading.

[bulletjie_1]

Edifice, good luck with your dreams. Hope it works out for you. Liten to the advice of the big boys, they went through the trading infancy stage already.

[Running_bull]

Edifice, beginners lose by getting caught up in hype and excitement from earning quick money. Try not to fall into that trap. There are some intelligent guys on this forum, learn from them. And If your story is a true one, then i wish you success.

[topgun]

You are in the wrong place at the wrong time....the unemployed in your area are going to stay just that....and no soup for the kitchens either...so learn to live with no electricity??

[john_1]

Is it just me or did sombody just put on a Sheryl Crow record.

[Jobarshares]

Or maybe the Grafsteensangers...

[ABuzz]

Hi Edifice. I concur with all the other forumites about beginners making losses, I too made some when I started trading. But you do learn over time, or by listening to the advice of wise others. If you want to make a quick buck, here isn't the place to do it, odds are against you as a beginner (yes, it can happen sometimes, but WON't happen consistently). But, if you want to build meaningful money over the medium to long term you can do it here if you follow your own rules and good advice of others. Keep emotions out of your trading. Make your own list of buy signals and sell signals and STICK to them rigidly. Trade according to a system, not according to an emotion. If you give me your email address, I'll mail you my list of buy and sell rules, it is by no means exhaustive and would need to be added to/changed according to your own investment strategy, but it will give you a start.

[Brazen]

My true motive for joining the stock market was so that I could make lots of money and buy stuff. I feel ashamed.

[Mr_Bean]

Hey Abuzz, could I also get your list. Reason being is that I would like to get into a proper routine, and have specific triggers for entering and exiting trades, but am not entirely convinced that my very basic system will give above averagereturns over middle to long term. Does your system apply to futures trading? If you can, please email me some info to [email protected] Would be much appreciated.

[timba]

Abuzz, if you don't mind forwading me your rules, i would really appreciate it. [email protected] thanks!

[topgun]

for not making lots of money????

[louisg]

For your sins my child... you are to feed 5 hungry people today. No joke.

[Wizard]

U got yourself a husband now so u don't have to bear the stress of the stock market anymore..

[chrisjan]

Hi abuzz i would appreciate if you can send me your rules please [email protected]

[#17]

I think the first thing one needs to know before trying to make more money in the share business is to learn to read financial statements, and not to let emotions dictate their judgements. If you can get yourself a book by Jim Rogers Hot Commodities you will get a clear picture of what to buy and what not to. So Edifice do not buy any shares now before setting your own rules, what i would suggest is, use the website to learn about shares and then after maybe a year you may start buying. It's only R50 a month and you would be getting info worth a billion dollars.

[#18]

Thanks ABUZZ. I really appreciate it. It's a shame how some people make jokes about the suffering people, but I think one-day they'll be paid according in full. So thanks again for your help ABUZZ. Email: [email protected]

[louisg]

Edifice perhaps you should read this book BEFORE you continue to make an orifice of yourself. "How to Win Friends and Influence People" - Dale Carnegie

[og]

I'm sorry Mthimbane I have to disagree with you - no information is/can be worth a billion Dollars unless it gives you the next winning set of Lotto numbers...:-) Education/knowledge is extremely important but it is what you do with it that matters most. I for myself am most skeptical about products that claim to make you exorbitant returns on any investment - if this is the case why then does the inividual/organization endorse the product and not keep the "secrets" to themselves thereby earning these returns themselves and outperforming any known investment instrument? BTW, I assume that you already subscribe to your reference guide mentioned - are you a billion dollars richer yet? Rgds