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IH Admin [Shelly]

10/18/11 2:47 PM

#154429 RE: missionsman #154422

Imo, the best thing to do is to educate yourself on investing and trading. After you've spent some time understanding what both of those terms entail, then decide on which style works for you.

For example, in order to invest in a company, you need to understand basic fundamentals of filings, financials, etc. in order to choose the right company to invest your money in. If you don't already have those skills, then there will be quite a bit of time needed to understand this and then time needed to research the companies thoroughly before you choose to invest your hard earned money there.

If you decide you are more suited to technical trading, then quite a bit of time is going to need to be spent learning charting and the various ways to make a trade.

Once you've decided that, then we can point you to boards where they discuss different aspects of the market specific to those areas.

Fwiw, a lot of people think that trading penny stocks are very easy. Many times, folks think they just have to ride the coattails of someone who is more experienced than they are. In my experience here, that's a sure way to lose every dime you sink into the market.

People may have ideas and tips - that's what the boards here are for - people to share information. However, that doesn't mean that their choices based on their risk tolerance, their capitalization, their short/long term goals are the same as yours and/or whether you will profit from buying into the same security as them at the same price.

Take the time to research trading and investing. Figure out what works for you - then focus on learning more about that aspect of the markets.

There's a pretty comprehensive Education Channel at the bottom of the screen here. That's a great place to start.

If all of the information there (or my comments above) seems too daunting or time consuming, then my recommendation is that you speak with a broker on the best choices for your account.

Glty.