Welcome to StkyTreat

[JohnHenry]

No.... You said nothing stupid....

question.... Do you know what a "moving average" is?

EDIT: Answer this hypothetical question too.... If your goal was to become an expert Bluegrass Banjo picker (not just a novice.... but the very best around).... How would you set out to accomplish that goal?.... compose your answer in steps.

example:
(1)
(2)
(3)
etc....

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Hi everyone

Sorry I was away for a while, I had to study for a physics and calculus test. I was also grounded from using the computers for two weeks.

A moving average shows the average value of a security's price over a set period. They are generally used to measure momentum and define areas of possible support and resistance.

But according to Investopedia, it’s to smooth out price and volume fluctuations.

1) Find out what a Bluegrass Banjo picker is and its functions.
2) Study it
3) Find out who plays the BB in my area.
4) Make friends and ask questions about BBP.
5) Learn to read music.
6) Learn how to play it.
7) Practice daily.
Find if there is a market for BBP.
9) Who are my competitions and how I compare to them.
10) Find my weak points and bring it up to speed.

StkyTreat,

This is a good piece of advice. The only problem is your real money is stale for that time. Maybe find an alternative investment until you are ready to buy your stock.

Are you going to have a time frame for your investments? days, weeks, months, years?

If I may, regarding "stale money", anytime you have funds that are not committed, you can always do one of two things to safely let the cash work for you. The first is obviously, a money market. The second is commercial paper. GE issues CP that is good for 2 days to 270 days, and you can pick up a modicum return (a few basis points). GE CP is the only non- gov't issued AAA paper out there. Very secure, and a great place for short term cash. It comes in increments starting at $10,000. If you don't have the $10K to put in, check the mmkt rates on the sweep account at your BD.

[Lyehopper]

Did I say something stupid?

No.... You said nothing stupid....

question.... Do you know what a "moving average" is?

EDIT: Answer this hypothetical question too.... If your goal was to become an expert Bluegrass Banjo picker (not just a novice.... but the very best around).... How would you set out to accomplish that goal?.... compose your answer in steps.

example:
(1)
(2)
(3)
etc....

[skiracer]

It means keep my mouth shut, listen, learn, and know when to ask question. Be patient by not jumping the gun. Do studying on the stocks I am interested in? Getting information and thinking about it before I do somthing stupid, I dunno?

There are no stupid questions only stupid attitudes. Develope emotional control, patience, a strategy or plan for entry (trigger price), exit (stops), an a target just in case you make a few points unexpectedly. If you build on these items regardless of the way you trade you'll be successful over the long term. It might take you awhile to get complete control of your emotions to perform the other items I mentioned but those are the things you have to do with every trade. In that order one will build upon the other an if your money holds out you might just make it. Without the control an a disciplined plan you can forget it and just put it into a CD or some bonds.

[jiesen]

no, you're doing great, kid. what he's saying is that he'd like to go into greater detail to explain something to you, but you'd probably be better off figuring it out on your own- the market is a great teacher.

[JohnHenry]

I could type a big long response to your post dude but I won't just yet....

Answer this for me.... What do you think "become a student of the market" means?

Did I say something stupid?

[JohnHenry]

I could type a big long response to your post dude but I won't just yet....

Answer this for me.... What do you think "become a student of the market" means?

It means keep my mouth shut, listen, learn, and know when to ask question. Be patient by not jumping the gun. Do studying on the stocks I am interested in? Getting information and thinking about it before I do somthing stupid, I dunno?

[Lyehopper]

Hi Lyehopper
POTW, it's not poem of the week or picture of the week is it? lol heheheahahaha ok sorry

(step 5) invest in a stock that you have done much research on.... ask the fellas here what they think about your pick and your entry timing. Become a student of the market. Don't buy stocks on a "tip".... Again!!! do very thourough research on your own.

Ok I like that. How can I learn about timing?
As for researching, I read what I is on yahoo or google news. Do I need to go deeper?

I could type a big long response to your post dude but I won't just yet....

Answer this for me.... What do you think "become a student of the market" means?

[peanuts]

some good advice

Perhaps, you might find paper trading a better fit for yourself over the period of a few months. Then once you have a better feel and a clearly defined method for trading (which you might have right now?), go at with the dollars?

StkyTreat,

This is a good piece of advice. The only problem is your real money is stale for that time. Maybe find an alternative investment until you are ready to buy your stock.

Are you going to have a time frame for your investments? days, weeks, months, years?

In the grand scheme of things, I am learning the market as well. I'm sure you can't find anyone who isn't still learning things today, so don't think that any of your questions are stupid. We've probably all asked the same questions before, so keep them coming.

There are some great, smart, and financially successful people on this little piece of the internet. Hopefully, you'll be guided by these people to grow that $2800 into a few more shares of brka. Good Luck

[JohnHenry]

Hi Lyehopper
POTW, it's not poem of the week or picture of the week is it? lol heheheahahaha ok sorry

(step 5) invest in a stock that you have done much research on.... ask the fellas here what they think about your pick and your entry timing. Become a student of the market. Don't buy stocks on a "tip".... Again!!! do very thourough research on your own.

Ok I like that. How can I learn about timing?
As for researching, I read what I is on yahoo or google news. Do I need to go deeper?

Perhaps, you might find paper trading a better fit for yourself over the period of a few months. Then once you have a better feel and a clearly defined method for trading (which you might have right now?), go at with the dollars?

[IIC]

Hi everyone
Sorry I was busy sleeping during my spring break. hehe
Hey Jiesen thanks for inviting me to this board. The people here are just as nice as the brka room unlike the PALM room. They beat me up for asking questions and they tell me to suck their privates. I don’t know about all that. Here the people are very funny and they post GREAT posting. I like the post about selling the stocks to buy a new car, clothes, babes, and stocks. Unfortunately, I haven’t taken driver’s ed. yet. My older brother sold his three of his five shares. He has a new car and two new girls. Wow, I can’t wait.!!! Lol hehehe

Hey guys, my parents sold my PALM shares this morning when we went down to Merrill lynch. The man there told me “to understand the market well, but the important thing to remember is that phsychology matters, a lot. It probably matters more than anything”. I don’t know what he means. Also he gave me a site to www.investopedia.com.

I have questions, please give me your finest feedback and ideals. My parents open up a scot’s account for me with $2800 to do as I please. The bad news is, if I lose all of it, I don’t get anymore. This sucks I tell you. Lol

Stocks I was thinking of buying.

BBBB, I like them because we use it at my school.
GS,but I can’t buy much with what I have.
Goog, it’s too much so forget it man.
Oxy, my friend picked this one, I like oil and gas but gas might be over, spring is coming or has it already come?
JDSU, it’s within my price range.


How come stocks fall when fed raise rates?
Sorry for all the stupid question, kinda a lot for my first post huh? Ah who cares hehehe thanks guys

Finally...I was beginning to think maybe you were J's Invisible friend
First of all...with over 2,000 bux you can sign up for a margin account which will give you twice the buying power...Of course, you'll run a greater risk too...so maybe you shouldn't use margin yet.

As far as the rates...there are several theories on that...But one is that the lower the rates the cheaper it is for businesses to borrow which if they use the borrowed funds wisely results in a higher bottom line...Lower rates allow easier expansion and potential growth.

As far as today...I don't think the 25 basis points had anything to do with the pullback...IMO, it was the Fed statements that lead us to believe that there will be more than one more increase in the coming months. I believe many believed that there would not be more than one more increase for a while.

Best, Doug(IIC)

[JohnHenry]

Hi everyone
Sorry I was busy sleeping during my spring break. hehe
Hey Jiesen thanks for inviting me to this board. The people here are just as nice as the brka room unlike the PALM room. They beat me up for asking questions and they tell me to suck their privates. I don’t know about all that. Here the people are very funny and they post GREAT posting. I like the post about selling the stocks to buy a new car, clothes, babes, and stocks. Unfortunately, I haven’t taken driver’s ed. yet. My older brother sold his three of his five shares. He has a new car and two new girls. Wow, I can’t wait.!!! Lol hehehe

Hey guys, my parents sold my PALM shares this morning when we went down to Merrill lynch. The man there told me “to understand the market well, but the important thing to remember is that phsychology matters, a lot. It probably matters more than anything”. I don’t know what he means. Also he gave me a site to www.investopedia.com.

I have questions, please give me your finest feedback and ideals. My parents open up a scot’s account for me with $2800 to do as I please. The bad news is, if I lose all of it, I don’t get anymore. This sucks I tell you. Lol

Stocks I was thinking of buying.

BBBB, I like them because we use it at my school.
GS,but I can’t buy much with what I have.
Goog, it’s too much so forget it man.
Oxy, my friend picked this one, I like oil and gas but gas might be over, spring is coming or has it already come?
JDSU, it’s within my price range.


How come stocks fall when fed raise rates?
Sorry for all the stupid question, kinda a lot for my first post huh? Ah who cares hehehe thanks guys

[Peter Hansen]

Hang In There!

My Ex Boss was fortunate to get some shares of Phillip Morris back in the day .....He never sold any of the shares and today has 8000 shares and collects 26K plus per yr in Dividends in his retiement. Phillip Morris has to be and still is one of the greatest stocks of all time.......It has an average annual return of 12% ........which sets it far apart from the pack ! (No Pun Intended)

bottom line............... stick with the board. You will learn.