Recent content by RichardW

I've also been trading about seven months, started with $5000, put in another $2000 later and I am down $2300. Usually 100 share lots. Hold anywhere from a day to several weeks. Major losses in the beginning when I did not use stops and would lose $100-$200 on losing trades. Also, I would...

51, Texas, been trading about a month (I work nights, so it gives me most of the daytime hours free). Been reading and studying for about two months. Just learning. Still have 80% of what I started with.

Thanks. I guess since I'm a beginner I want something a little safe, and make a little bit to get my confidence up. Of course I want to be able to do a few trades a week, so I don't want to wait a month for it to move.

OK, I'm new, and I'll try not to ask too many stupid questions, but am I on the right track by thinking Time Warner is a good buy today? I read some news stories, but nothing that seemed all that bad.

Oh yeah, I have a job. My hours are 5pm to 3:30am, Wed-Sat, so it gives me a lot of free time during active trading hours.

Thanks Sydertrader, that's some good advice. I just found this forum a little while ago and I will certainly investigate it further. I know from other forums I belong to (and am already knowledgeable about the subject matter) that it can be annoying to have people post the simplest...

Thanks Ksonsinc, I'm not sure what you mean by backup money. If I lose it all, oh well, it's not a crisis, and if it's all on the line and I need more money, I could swing that too if I had to ('course I'd be paying interest on it).

Check my thread I just started

Hey Cheese don't be so cynical, I'm sure there was a time when you were just starting out! Maybe by asking the right questions I can save myself from losing my measerly $5000!

That's pretty cool. I just joined it and I will check it out. But I still want to get into the real thing! Recommendations?

I've read a few books and I've been playing on the Stock-track porfolio simulation, but now I want to jump in ($5000). What should I subscribe to, Telechart 2005? Is that all I need or should I buy some kind of software too? And brokerage firm? Are there any kind of standards that most...