Young money

jambosambo

I recently downloaded plus 500. Good software from what I can see, You can buy any stock nearly.
Im a college drop-out, but am passionate about making money(trying).

is the stock market good for the likes of myself. Or should I leave it to the lads that know what there doing.

Any tips of help on this matter would be great.

Helpneeded86

Well I mean you can teach yourself anything you want really. Why not consider a finance course in college. What did you do that you dropped out of?

jambosambo

Helpneeded86 wrote: »

Well I mean you can teach yourself anything you want really. Why not consider a finance course in college. What did you do that you dropped out of?

I done a general business course.. I dont have a leaving cert.. But im in no means stupid. School wasn't my thing..

I tought my course invovled stocks and shares. But it didnt touch any of those subjects..

A basic idea is really what i need.. What not to buy. . When is the riht time to buy/sell..
Simple stupid things that may help.

Helpneeded86

jambosambo wrote: »

I done a general business course.. I dont have a leaving cert.. But im in no means stupid. School wasn't my thing..

I tought my course invovled stocks and shares. But it didnt touch any of those subjects..

A basic idea is really what i need.. What not to buy. . When is the riht time to buy/sell..
Simple stupid things that may help.

Well as someone who also done general business for 2 years I understand to some degree what you mean.

I have now branched into economics and finance. The simple fact is it's still not all fun you need to learn "boring" stuff also. There is a lot of formulas involved in it also.

I can send you our class notes for Business finance - stock market chapter. If that doesnt interest you then id say forget about the stock market.

Zulu

Just remember: buy high, sell low.






....no wait, sell low, buy high.

jambosambo

Helpneeded86 wrote: »

Well as someone who also done general business for 2 years I understand to some degree what you mean.

I have now branched into economics and finance. The simple fact is it's still not all fun you need to learn "boring" stuff also. There is a lot of formulas involved in it also.

I can send you our class notes for Business finance - stock market chapter. If that doesnt interest you then id say forget about the stock market.

That would be great pal. It would be interesting.
I dont expect it to be fun. I no it will be hard work, It seens a little safer than the horses.

jambosambo

Zulu wrote: »

Just remember: buy high, sell low.






....no wait, sell low, buy high.

Cheers haha

Nonoperational

When your using Plus500 to trade, everything is leveraged 40:1 so you can loose money very quickly (as well as making money). It's not the same as buying shares in the traditional sense. Just be careful and set tight stop-losses at the start.