Have you studied the Ken Roberts method of commodities & made money?
Many years ago I took the course, did some paper trading & later chickened out to go any further. I'm thinking of going through the course again & giving it a try. Even beside placing stops, I'm nervous that I'll lose plentifully of money. I don't mind losing the money I put down(put in $5k & lose it = okay), but I don't want to lose a fortune(put surrounded by $5k & lose $50k = not okay).Answers: I purchased and traded Ken Roberts course back within the mid 90's. It is based on 3 elements. 123 Tops, 123 Bottoms and Channels.
These formations are of late possible indicators. They do not consistently predict the direction of a commodity.
I traded gold and silver chiefly. I made some money, but overall, I did not like losing $500 on Monday and making $550 on Tuesday. To much of a roller coaster.
Save your money.
Your first preference should be to fund fully a retirement account. If you do this, and you own extra cash, afterwards one of the best things you can do is open a DRIP Plan.
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Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talk about because brokers product very little money when they suggest them. Yet, they own proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are reliable for small investors, as well as big investors. They are sheltered and allow you to not care roughly speaking whether the market is going up or down. They are a must for any serious investor.
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I strongly recommend looking into it. They are great plans.
Good Luck
I one-sidedly won't trust any of these so-called trading gurus with my money, because there's a short time ago one two many scammers around to determine if here really are some real gurus out near who are willing to share their strategies. If you really want to trade surrounded by the commodities and futures market, I would recommend practicing next to real money. Trade small adequate so that it won't seriously dent your bank information, but big enough for you to be aware of the pressure of trading. As long as you have a well brought-up stop-loss, you can predetermine the amount you can afford to lose. If you will spend money on a course for knowledge, why not put the money contained by the market yourself and bring some real experience out of it.
If you insist on taking Ken Roberts course, label sure you check his monthly performance for consistent gain not 100% gains followed by 50 percent draw-downs. If you still enjoy questions, email me at nliang(a)luc.edu. I consider myself experienced within the forex market as a currency trader and a gold ingots trader, so I should have no problem answering your question regarding the commodities&futures open market.
don't waste your money.
For trading proposal see commonsensetrading dot G00GLEpages dot com.
You'll stand a much greater chance of coming out ahead by following the direction given there. And it's free.
And I can relieve you if you need assist.
I am presently attending university using Student Loan Bureau. What would be the best thing to invest in?
Answers: Check out my website, it has a ton of different ideas for solid investments, including stocks, mutual funds, and ETFs. I also have links to informational sites that explain what the stock market is and how it works.
http://www.geocities.com/kenandkindi
okay the smart thing to do is pay off the loan and with any money left remaining treat yourself with something nice.
First time invester wants aid!?
Hello,I'm thinking about getting into the stock souk with a really small amount of money ($100-200). Which website should I utilize that has the cheapest rates when making trades (or those that charge on a monthly rate...although $10 gone monthly method i'm losing 5-10% of my portfolio monthly) online?
Answers: Your first option should be to fund fully a retirement sketch. If you do this, and you have extra dosh, then one of the best things you can do is friendly a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talked roughly because brokers make vastly little money when they suggest them. Yet, they have proven to be one of the best, except the best, long-term strategy on Wall Street.
They are perfect for small investors, as powerfully as big investors. They are safe and allow you to not charge about whether the flea market is going up or down. They are a must for any serious investor.
If you decide you are interested surrounded by DRIP Plans, click on the advertisement on indistinguishable page "$4 to purchase stocks". This will answer your next grill, which is, How do I get started? and what is the lowest expensive way to bring started?
I strongly recommend looking into it. They are great plans.
Good Luck
I understand the urge to draw from into the market and start investing. I am an investor (real estate).
Please be sure to own 6 months of expenses in reserves before you inaugurate to "consider" investing.
Read about it first on the website you are using. Please please please weekly trade first before you spend your own money. It's free and a great university tool. AmeriTrade offers thesis trading. Others probably do too.
I think it is better to own a good appreciation for the art and the sicence of investing in the past using real money. It will abet you to avoid errors that you may not have have if you spent some valuable time article trading, watching the stock(s) that interest you, reading Value Line business profiles to learn more just about the companies that interest you, read stock charts on those companies at least 5 years backbone to see their trend history.
Speculation is a buzzword to capture the excitement of those who presume there really a article such as a quick buck. Astute investors spend more time researching and simulating what they want so that when they invest their guess is calculated and erudite. The theory is also call : Measure twice, saw once."
Our economy is not so volatile or unstable that here are huge peaks and valley on a daily justification. If it were here would be little consumer confidence and little investment activity. So examine the trends and plan to leave your money contained by the market for awhile and keep under surveillance it grow.
Here is a quick story. I once borrowed $2500 to invest contained by the commodities market. I put $2,000 on a delineate up call on pork bellies next to a stop at a certain dollar amount on the process down.
What I didn't do was put off that bet with a put on like commodity. Had I done that, it would have allowed me to profit whether the stock go sky high or dropped to the ground. It dropped to the ground in the future after it went sky big and all the money I "made" on the path up was gone and I owed three hundred dollars to uphold the account.
Moral of the story is practice first and other hedge your bet because even the most astute investor (I daily traded for six months and read Investor's Daily everyday) can lose it all by not hedging against their bet.
Best of luck to you.
zecco.com offer free trades, and no account fees. You do own to pay for short selling and option, but I'm guessing you're not quite arranged for that stuff just even so.