new/info

This is a discussion on new/info within the General Trading Chat forums, part of the To Be Sorted category; hi everyone, i'm new here and would like to ask few questions if that's ok as u will see from ...

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Old Feb 10, 2008, 7:32am   #1
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hi everyone,
i'm new here and would like to ask few questions if that's ok
as u will see from my questions my knowledge is a bit limited so appologises for that
many thanks in advance

*how many of u actually trade at home full time ?
*how many of u trade for a firm ?
*can u make a profit of £100/day easily (when trading at home)?
*do u know if it is possible to visit the london stock exchange ?
*what is the difference between trader & stockbroker ?
*what is the name/profession of the guys u normally see shouting on tv or newspaper ?
*for those dealing at home what software do u use ? is it expensive ?

thank you so much
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Old Feb 10, 2008, 8:02am   #2
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Quote:
Originally Posted by coyotmo View Post
hi everyone,
i'm new here and would like to ask few questions if that's ok
as u will see from my questions my knowledge is a bit limited so appologises for that
many thanks in advance

*how many of u actually trade at home full time ? Dunno
*how many of u trade for a firm ? Not many, some of us do
*can u make a profit of £100/day easily (when trading at home)? Very easily, once you know how to trade but that is the hard part, after that why not £10,000?
*do u know if it is possible to visit the London stock exchange ?ring them
*what is the difference between trader & stockbroker ?Stockbrokers are middlemen, they just do what they are told by traders/clients
*what is the name/profession of the guys u normally see shouting on tv or newspaper ?traders who work in open outcry pits
*for those dealing at home what software do u use ? is it expensive ?as expensive/as cheap as you want it to be, for those not spread betting i know interactive brokers are a popular choice

thank you so much

Im a kind dude
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Old Feb 10, 2008, 5:27pm   #3
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Quote:
Originally Posted by coyotmo View Post
hi everyone,
i'm new here and would like to ask few questions if that's ok
as u will see from my questions my knowledge is a bit limited so appologises for that
many thanks in advance

*how many of u actually trade at home full time ?
*how many of u trade for a firm ?
*can u make a profit of £100/day easily (when trading at home)?
*do u know if it is possible to visit the london stock exchange ?
*what is the difference between trader & stockbroker ?
*what is the name/profession of the guys u normally see shouting on tv or newspaper ?
*for those dealing at home what software do u use ? is it expensive ?

thank you so much
Funny how people always ask how much you can make, but never how much you can lose.

Well, it's a lot. Just wanted to let you know there's a high element of risk if you want to become a daytrader.

Ofcourse black-star is right, but that £100/day all depends on what you're putting at stake. As you're new to this site, explore things around a bit, study and read some books and don't put real money on the line before you (a) know what you're doing (b) know that what you're doing will lead to profits (c) know how much money you can lose.
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Old Feb 10, 2008, 5:32pm   #4
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SSSHH Fire walker, a healthy n00b flow will allow for steady injection of easy money into the markets. Seriously though everything fire walker said is true and should be adhered to...
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Old Feb 10, 2008, 5:37pm   #5
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Scale up, I say. If you can make on average £5 a day, then in time you can make silly money. But why risk whatever it takes to make £5000 a day when one can't generate a regular income of £5?

The more I think about it, the more I am convinced that demo accounts are the way forward. Once you have a system that works, then you open up a small account with real money, but until you find a system that works why waste real money. It's hard enough trying to find a system that you are comfortable with without having to lose your hard earned savings. I wish I'd spent more time messing about on a demo rather than taking my real money to the market.
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Old Feb 10, 2008, 5:47pm   #6
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Quote:
Originally Posted by black-star View Post
SSSHH Fire walker, a healthy n00b flow will allow for steady injection of easy money into the markets. Seriously though everything fire walker said is true and should be adhered to...
well... almost everything
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Old Feb 10, 2008, 10:53pm   #7
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Originally Posted by coyotmo View Post
*how many of u actually trade at home full time ?
*how many of u trade for a firm ?
last count, there were 81,720 members of this forum site.
how many are you expecting to respond, and if you don't receive 100%, how much significance, statistically, can you place on the responses from those who do reply ?

Last edited by rathcoole_exile; Feb 10, 2008 at 10:54pm. Reason: typo, typing too fast for my own good as usual
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Old Feb 10, 2008, 10:56pm   #8
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Quote:
Originally Posted by coyotmo View Post
*can u make a profit of £100/day easily (when trading at home)?
famous old saying:
"how can you end up with $10,000 trading the markets"
"start with $100,000"
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