I'm 18, where should I start

Quote from bighog:

By getting laid for the first time so you will know how it feels to get screwed.
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yeah baby....long live the hoggggggggggggggg...
 
Educate yourself, take responsibility for your future (which you are off to good start) and then invest some money.

Once you learn what your choices are you will in a better position to invest yourself or know enough that you can hire competent financial advisers.

Good luck

BM
 
Quote from atticus:

Buy some SPX variance swaps and sell some SPX puts.
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Exactly.
Right after going to excellent college, being recruited by a top firm, working on a derivatives desk, and making all the proper contacts. Then start your own hedge fund, marry a swimsuit model, and trade from your yacht.:)
 
There is a guy here by the name of W Rennick, he's got a crystal ball of some kind, it's pretty good, maybe you could ask him what is a good investment.
 
In my opinion, you need to learn something of trading and start small. You can learn trading, doing paper trading, that is without using actual money, to understand the market movements.

Do start trading part time with a job to avoid pressure. When, you are confident, and then start full time trading. However, part-time is better as you have two incomes (trading & salary).
 
The beginning is always a good place to start. When you believe you are finished with your journey try to make sure you are at your final destination.
 
go to big charts .com and start playing with the trendline tool on the major indexes,spx, djia,nasdaq,do it for 6 months,buy and sell only on the extremes when it touches one of your trendlines,you will have a failsafe way to trade that willl make u money for a lifetime,you won't take that many trades but it'lll pay you to learn other ways of trading,don't touch etrade yet,after 6 months open a paper trading acct,in the paper acct have a stop loss set in concrete on every trade,if you do you will take your losses honestly and learn quicker,being honest is very hard to do and if you don't learn it you won't succeed,,go to tradersblog.com and read everything you can find on traders phsychology,there are a million pitfalls you need to recognize about trading and mind games and emotions,take your money out of bank and put it in a box next to your computer,as u lose while paper trading take it out of the box and put it in another box that you can't touch,this will give u a sense of losing money which is what you won't learn paper trading,when you are broke, start the process over,do it again,and again,sounds stupid but in reality if you anxiously start trading you will lose the money . This way you can go broke 3 times and have the real money to start over.
 
Invest in a business, a REAL business. Like a bar. Be an investor in a hot new bar, take a bartending shift or two as well, meet & bang broads, have lots of fun, make cash.
 
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