What's the best strategy for share trading (for profit) and why?
..and can you recommend a good book which explains it in detail.
..and can you recommend a good book which explains it in detail.
cordefr
Favorite Answer
"What works on Wall Street" by James P. O'Shaughnessy is a must.
His conclusion is that mid cap growth stocks work best over the long term.
Michael K
Get started early (now); open an account with a brokerge firm and invest in a broadly diversified no-load or etf mutual fund, even if it only a little bit each month or quarter. start learning as much as you can about the markets, and investment principles, not from just one book, but from many. buy and read some of the investment magazines and newspapers (Wall St. Journal). Don't try to make money trading until you are quite sure of what you are doing; most beginning active traders not only lose money, they lose all their money. Remember that for each buyer there is a seller, and on the 'other side' of every trade you make is a trader or investor who is far more experienced than you are -- so be very cautious. Get to know Yahoo finance inside out.
bales
the least difficult attitude that extremely has a significant math expectation is making an investment in forex pairs with a significant carry, say, carry of a minimum of four%/twelve months, and preserving those pairs. If the carry falls below 4%, promote off the pair and purchase yet another one. in case you do not yet comprehend what carry is, research it--with out this information your aren't any further waiting to commerce forex besides. Please note that, at the same time as the historic performance of this attitude is rather good, nevertheless (a million) there is not any assure of triumphing, and the possibilities of loss an significant and (2) that is not inevitably extra rewarding than making an investment into an index mutual fund, it is very particularly functional for anybody who seems for straightforward concepts.
stick man
Jim Kramer's Real Money. Sane investing in an Insane World. Also One Up on Wall Street by Peter Lynch, the former Manager of Fidelity Magellan.
Anonymous
I have sold everything in my life. I would up selling semi trucks and trailers. I made good money, retired at 51, But I am going to tell you, I was lucky! What is the best s tragedy for trading? It is 90 percent luck and 10 Percent will! You can not plan the future, you can only save what money you make!