Hi folks, I've just signed up on here, and I'm relatively inexperienced at trading. I was curious as to whether most of you on here are professional traders, or private investors (like me). I don't mean to be nosy of course!

well newbie, the vast majority of posters here are private but you have the occasional pro. the only comment i would have is to enjoy and participate on the boards but only play with what you can afford to lose. basic stuff i know but there are some characters who seek to ramp/deramp stocks and will print any lies to get people involved. Do your own research is the best advice when you find a stock you like. enjoy!

Do you mean as in full time or part time traders (private individuals)? Or employed to trade?


Good luck with your trading.

Thanks Proptrade, I did wonder if any ramping etc. went on, appreciate the advice. :-)

Hi Jumpin, I suppose what I really meant was full or part time.

anytime. any market stuff you are unsure of just post and there are quite a few old hands on here are willing to answer questions.

brittsac - yes ramping is alive and well and you need to be careful
of it. Any posts (on any BB's) that say a company is a SURE winner
or WILL BE a certain price in X amount of time is most probably
just someone ramping the share as nothing is that certain in the
market.

Proptrade is absolutely right - only trade with money you could
afford to lose if things went pear-shaped.

Lastly, find your own system and stick to it and always do your
own research, never take anyone elses word, check it yourself.

Good Luck
Stockbunny
PS - If you want a break pop into the dutch coffee house, everyone's
welcome and it brings some light relief to the serious stuff.

I am a full time addict, uh, I mean trader :)

Thanks again Proptrade, and thanks to you too Stockbunny, I'll do that sometime.

LOL Jumpin.

I guess I'm full-time, part of the time. Sounds strange I know.

Would echo other, brittsac. Take your time, research your own stuff and plod away. It's fun.

Thanks all, now, can anyone point me in the direction of a good glossary - I've seen lots of terms on here which I don't recognise.

If you can still get one there's a UK stockmarket almanac
published by Harriman House - you should be able to find it
in the bookshop - link in main menu across the screen above.
That has a glossery and lots of info that you may find
interesting. Check out the review if you can still get it.

best one i like is:

http://www.investopedia.com/university/

looks like alot on there but top left in a dictionary with all you need at this level in finance. happy reading!

Great, thanks Stockbunny and Proptrade, I'll have a look - much obliged. :-)

Just checked it's out of print - be careful about the other
one listed, it could relate to the US market and not ours.

stockbunny....was that the book that the FT were selling/offering free with subscription or tokens years ago? if so i remember it as SUCH a great read but probably out of touch now anyway...i used it to crib up on before my earliest city interviews. thx for the memories!

I don't know proptrade, it comes out each year, part diary
part information from various sources on the market and trends etc.
But if it made your Monday it can't be a bad thing
:>)

Phew, just found what looks like the last one in the whole world! On Amazon, 14. Thanks for the advice.

And yes, it was the UK one. :-)

:>)

what a happy monday all round! it was a different book but whatever, it brought back funny memories.
i also recommend some classics to see how things can go wrong. just found an excellent link to a great book: Extraordinary Popular Delusions And The Madness Of Crowds
By Charles MacKay 1841:

http://www.litrix.com/madraven/madne001.htm

old stuff but all holds true today.

also fread Liars Poker. great book.

rgds
PT