[daneil]

I am a newbie in this and would like to know about trading stocks where you can earn huge profits (as I have read online).I have been looking for an online resource to teach me the tips and tricks of the stock market but there have been not any good as far as I have known. Please help me to find any good online resource which can educate me in this arena.

Thanks in advance!!!

[Mega B]

Welcome onboard,you mention about (stocks where you can earn huge profits)trust me i have been trading for just over 20 years 1st just the odd stock by going into the bank and buying a few 100 shares in a company that i had a tip about and you guessed it lost it so this goes on for a few more years either loosing more or breaking even.

As the internet came onboard so this opened up a whole new way of trading and a lot easier way to loose money as instead of reading about how your prices had moved in the next days paper which was 24 hours old anyway you could see the money evaporate in front of you on a screen.

Today i mainly only trade the S&P500 DAX and cable but with modern software and internet speeds one can trade on vast margins which can be a good if you understand what you are doing and have your stop loss in place but if you dont and you get stuck like a rabbit in the headlights of a oncoming car just looking at the screen and not doing anything about that trade trust me you will loose your shirt and everything else because when you get a margin call it aint funny.

Today after many years of trading and learning the hard way yes with some big losses in the early years i still like trading,trust me my friend its not easy they only show you the glamour adverts about trading,its not easy and only a very few and i mean a few make a living out of it but to make money out of it you have to be the best and also expect some big losses along the way.

Today i run 6 computers running real time data feeds from around the world like Level 2 and MetaTrader etc and many other indicators.But my Holy Grail information for staying in the game these days is Contract On and StopLoss On then when you close the deal it Contract off and Stoploss off with this simple disipline you live to fight another day.

Good luck and all the very best for the future.

[Jay Brass]

Awesome post Mega B!