Good idea. Tell them about the fakes on ebay too. There are even blogs on ebay about those fakes.
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InvesTools anyone?
- Thread starter peekaboo2yoo
- Start date
Good idea. Tell them about the fakes on ebay too. There are even blogs on ebay about those fakes.
Hi,
A friend paid 25-30k for the whole "PhD" package. I logged into investools as a guest. The things I like are the searches and the prophet charts, even though I am so new to stock trading and I don't know how to use them to full potential.
I would never spend that much money on "education," but what are the alternatives? I looked at the books section on this site, but there's hardly a book that has unanimous great reviews, and the ones with good reviews are 7-12 years old.
Please recommend a book I can go buy at B&N. I'd much rather study a book, which I can read anywhere.
Also, is there a website that provides what investools provides for a reasonable monthly fee? Yes, I did read the post about all the free websites with all the features I need, but I'd have to dig for them. I wouldn't mind paying a monthly fee to a website that provides.
Thanks,
BR
A friend paid 25-30k for the whole "PhD" package. I logged into investools as a guest. The things I like are the searches and the prophet charts, even though I am so new to stock trading and I don't know how to use them to full potential.
I would never spend that much money on "education," but what are the alternatives? I looked at the books section on this site, but there's hardly a book that has unanimous great reviews, and the ones with good reviews are 7-12 years old.
Please recommend a book I can go buy at B&N. I'd much rather study a book, which I can read anywhere.
Also, is there a website that provides what investools provides for a reasonable monthly fee? Yes, I did read the post about all the free websites with all the features I need, but I'd have to dig for them. I wouldn't mind paying a monthly fee to a website that provides.
Thanks,
BR
I should have mentioned this, but what I want to get into are stocks and option trading. I want to make a living trading within a year or two.
I have some money that I want to trade myself within 1 or 2 months.
In one month with the little I know, I "made" 12% in paper trading with stocks only, no options.
I have some money that I want to trade myself within 1 or 2 months.
In one month with the little I know, I "made" 12% in paper trading with stocks only, no options.
Quote from bracca:
I should have mentioned this, but what I want to get into are stocks and option trading. I want to make a living trading within a year or two.
I have some money that I want to trade myself within 1 or 2 months.
In one month with the little I know, I "made" 12% in paper trading with stocks only, no options.
To trade effectively over a sustained period of both good and especially the bad times you really need to know what your doing, have a well defined and proven trading style and also have the discretionary capital that you can afford to lose if something goes wrong.
As for trading there exists a universe of web sites, advisers and newsletters that can be looked into. Some are good, some are just plain risky and some just want your money.
Fortunately, almost all the newsletters and investing services offer refundable trial periods so you can check them out first. Many newsletters are free just sign up with you e-mail address.
I would try a few out and to determine if you prefer fundamental, technical, trending, day trader, swing trader, investor etc. and look for one that best fits.
Ask a million questions, read a number of books by experts in the field, take non-credit university courses if available
Most of your stock study should be done at night or early in the morning when the markets are closed anyway so don't quit your day job. Use the money you earn to support your investing until you are sure you can successfully trade and that you really like doing it full time.
When you start investing real money start out small, you can for example just buy 5 stocks at a time and build up a portfolio of no more than 10 stocks to watch.
Personally, I wouldn't invest in the stock market right now if I was a new trader as there is way too much volatility and the chance for a major market downturn.
What about going to work in an investment company for a year or so to learn the ropes?
Good luck!
Quote from bracca:
Hi,
A friend paid 25-30k for the whole "PhD" package. I logged into investools as a guest. The things I like are the searches and the prophet charts...
... is there a website that provides what investools provides for a reasonable monthly fee? Yes, I did read the post about all the free websites with all the features I need, but I'd have to dig for them. I wouldn't mind paying a monthly fee to a website that provides.
Thanks,
BR
Hi Bracca,
I didn't pay $24K for access. I paid $1K for the Basic Stocks class (which includes 6 months of access to the tools) and I'll pay them $50/month after that 6 months is over. BTW the online version of the Basic Stocks class is very good - better than the in-person class in my book.
Before paying $1K I also was a guest for a few days in a colleague's account, so I knew what to look for and I looked for sites that have something similar. Unfortunately, even on the websites recommended by people here, I didn't find, and still haven't found, similar info - not even by combining several web sites. So after much frustration in unsuccessful searches for alternatives, I've decided that $50/month is OK.
Bottom line is you should be able to get your own account for $1K plus a monthly fee, not $24K.
I use the investools website daily and it has been very helpful in conjunction with several other "tools". In my opinion there is no easy way to get rich quick in the stock market. Investools is well worth the cost of using the website. It's wonderful and saves me a great amount of precious time. The "education" can be obtained at greater depth and a much lesser cost at Barnes and Noble. Beware the sales tactics!
Quote from unregistered 29:
I use the investools website daily and it has been very helpful in conjunction with several other "tools". In my opinion there is no easy way to get rich quick in the stock market. Investools is well worth the cost of using the website. It's wonderful and saves me a great amount of precious time. The "education" can be obtained at greater depth and a much lesser cost at Barnes and Noble. Beware the sales tactics!
unregistered 29,
I have viewed the Investools PHD course and read the their course books and agree the instruction is "topical" at best... however, I believe as do you that their website may be a good research tool. Are you aware of any way to gain access to their site without attending their seminars or paying the exorbitant fees for the DVD courses?
Thank you....
No. You have to enroll in at least the stocks course. For those just beginnig in the market it is very informative. It also shows you around and teaches the best way to use the site. I didn't mind that first $2000 so much. It's expensive, but I really like the website.
Quote from unregistered 29:
No. You have to enroll in at least the stocks course. For those just beginnig in the market it is very informative. It also shows you around and teaches the best way to use the site. I didn't mind that first $2000 so much. It's expensive, but I really like the website.
Thank you,
That is what I thought... I studied the course and fund it somewhat informative, I just have a diffiuclt time with the idea of parting with $2,000 for access to a subscription...
Thank you for your reply...
hwkaiser
Quote from unregistered 29:
No. You have to enroll in at least the stocks course. For those just beginnig in the market it is very informative. It also shows you around and teaches the best way to use the site. I didn't mind that first $2000 so much. It's expensive, but I really like the website.
This website offers a qualitative improvement... and it's free.