Well said! :) Once you have been trading for a while you forget...

Well said!

Once you have been trading for a while you forget what it feels like to be new, but every one of us worked our way to be where we are.

@slind54 - please consider some paper trading if you're new. You'll avoid some losses that I suffered during early stages of my career. Commit $x per stock and include brokerage cost. Add time-frame and expected profit. Have a time horizon. Treat it like real money (hard, but imagine you are winning or losing money) - see how you go. There is a lot to read - even after trading for a long time, I feel stupid.

If you're investing instead of trading, research cyclicals and bluechips. If you're new index tracking like vanguard or something is likely to give you decent returns at inexpensive prices or contribute to super and get decent tax break. Index tracking will generate you some decent returns while you learn the ropes and feel comfortable trading. Your strategy will depend on your goals, personal circumstances, time horizon and comfort levels. A financial adviser or even someone in your circle of friends may be able to help!

Once again, good luck with your endeavors!