Stocks/Shares help
Discussion
Greshamst said:
These threads always make me nervous.
'I don't know anything about trading, but would like to do it with some money I have sitting around'.
Sorry to sound harsh, but leveraged products are not a good idea for someone who isn't sure how to even set up an account in the first place. It's a sure fire way of losing money, especially with how volatile the markets are at the moment.
Look at long term investing, slow and steady wins the race, read up, find some companies you like, read up some more and diversify.
There's no other real way of wording it. 'I don't know anything about trading, but would like to do it with some money I have sitting around'.
Sorry to sound harsh, but leveraged products are not a good idea for someone who isn't sure how to even set up an account in the first place. It's a sure fire way of losing money, especially with how volatile the markets are at the moment.
Look at long term investing, slow and steady wins the race, read up, find some companies you like, read up some more and diversify.
Everyone had to start somewhere, I'm just looking to learn. I'm not about to go "balls deep" with £10k and just chuck it about, I juust want to learn and see where it goes.
It's something that's always interested me.
Thanks for the responses lads.
It was going to be more of a hobby to be honest, I say I'm clueless, not that much I just don't know a great deal.
Been doing some research since putting the post up and will continue to do so.
Wolf of Wall Street has gone to by head...... I visited Wall Street the other month when on holiday, hell of a place.
I've taken on board what you have all said but still want to learn and have a play about, will start with a practice account at some point.
Do you lads commenting trade?
It was going to be more of a hobby to be honest, I say I'm clueless, not that much I just don't know a great deal.
Been doing some research since putting the post up and will continue to do so.
Wolf of Wall Street has gone to by head...... I visited Wall Street the other month when on holiday, hell of a place.
I've taken on board what you have all said but still want to learn and have a play about, will start with a practice account at some point.
Do you lads commenting trade?
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