Thank you for you quick reply. I am a student also, soon starting university. I am interested in this market and I have been studying it for a while now, I will be starting to invest in it very soon. Do you have any pointers of things I should look out for etcetera? Where do you analyze your stock, do you use a special program or? Do you have any interesting stock in your binoculars? Thanks.
good if u have followed and studied it for a while u should be able to find trends faily easily but warning don't always relie on them becaue there are infinite number of factors that will influence the direction where a stock price may go... u can look into couple postings done from happyharry or alfredsokol in diffrent posting advised me too look for companies in growth not necessarly at the price of the stock which i have done... right now in my portfolio i have only 2 stocks CHU which i bout at 7.37 - up 30% and WHT at 1.86 - up 53$ im right now looking at 1 other company is NAVR specially for the holiday seasons.... should be up around 30% i think till the end of holidays but still doing research on it. chahine
Chahine has given you some pretty good advice there. Don't be too obsessed with "formulas". They make people feel comfortable but don't always work. The single biggest reason a company's stock goes up is: the fundamental business of the company went up. In particular companies with increasing sales and increasing earnings almost always have increasing share prices. My favorite stock is still Chico's FAS (CHS). They have returned 5,000% in the last 5 years and have a chance to the do the same in the next five years. They are a specialty woman's retailer than have found an extremely profitable niche. I myself am still a small investor although my portfolio is now in the six figures. I use the online Broker Ameritrade.com to do my trading. The fact that you are young and intersted in investing gives you a huge advantage, as money compounded over time is your best weapon in getting wealthy.