New to investing.

Cody said: "So how does one get started? I dont know much about investing and I know you need to know alot more to make money."

wildmandan32 said: "start reading everything you can on the subject, when you have a grasp on the material start paper trading prove to yourself that you can play this game profitably. Make a deposit with a reputable brokerage service and begin to do what you have already proven you can do with your hard earned money. Keep learning, Keep Saving, Keep Investing simple"

Grifter said: "[url]www.investopedia.com[/url] best site there is to learn and do the simulation for sure, you will see how you perform, if you are happy with ur skills, take it to some online broker, i reccommend scottrade.com which is pretty reputable."

MakingMoney said: "does any1 know any other investing forums?"

Rbreb13 said: "[QUOTE=MakingMoney]does any1 know any other investing forums?[/QUOTE]Yes, I'm sure everybody does."

MakingMoney said: "does any1 know any other investing forums? and can list them"

Heather said: "Superiorinvestor.net"

GQ_Model said: "Dunno if i am much help, but if you are new to investing. I hear there are some online programs where u can use fake money to invest in stocks and monitor them. Gives u simulation of what the markets are really all about. Unfortunately, i have no idea what the links are to these websites.... :confused:"

rotorite86 said: "One of those, that I use, is [url]www.investopedia.com[/url] . Also, there is [url]www.smartmoney.com[/url] ."

wildmandan32 said: "there are many other forums just do a search i think it is kind of a slap in the face to post another on one that does such a good job for us....i find this one to be the best free one because for the most part people are here to help and you dont hear the regular machismo....i never make a losing trade, i made 80grand today....blah blah blah we all make mistakes and if we dont share them we cant learn from each other. as a new investor i really think a affordable subscription service like gorillatrades gives oyu a huge advantage when you are starting out(that is one i subscribe to as well so if you are feeling generous tell them i sent you and i get a free month) but they have a one month free trial and my first month more than paid for my annual subscription, i just find that most new investors really dont know what they aer looking for, they dont know how to make a trade plan, and they spell it all out for you...they give you entry points, targets, and exit strategy....it is really hard to break bad habits and i think if you start with good discipline you will only do better down the road. just my two cents. good luck and happy trading"

Grifter said: "Im a big fan of IBD, Investors Business Daily( [url]www.investorsbusinessdaily.com[/url] ), but it can get pretty expensive, there are some good free stuff on that site though. By the way wildman, how much does gorillatrades charge?"

MakingMoney said: "oh I wasnt ripping on this forum...i think its a great forum but the more the merrier"

wildmandan32 said: ":p i knew you werent ripping on this site...and didnt take it that way.... gorillatrades works out to be like $45 bucks a month i believe but they have a one month free trial and as ive said before that month more than paid for my annual subscription, i really think there is great value there for the new investor not only in their picks but in their clear layout of trading plans which makes it easy for new traders, and then you know how it is done and can adapt that to your own picks as well, i have said it many times before you must have a plan, know what price you want to enter a position at...do not chase it, know at what price you are exiting the trade if things go differently than you planned, and at what point you will take a piece off of the table and at what point you are going to take it all off the table if things go great (or in my case i use trailing stops versus taking it off just in case it wants to run a little further.....water your flowers and pull your weeds) not to sound greedy....but cheap because i am....with all of these subscription services most of them offer some kind of referal bonus so if you decide to give it a go PLEASE tell them i sent you as i get a free month...and it all adds up, especially if you take a look at trendfund that one costs me over $400 bones a month but only once have i had a month that it did not cover the costfrom the profits i generated....regardless that is one EVERYONE should take the trial on and read everything in the archives the information there will truly get you thinking of many new ideas, and expose you to more information than you could get in a mountain of books.....some of it is a little hard to read in my opinion because they are really laid back....but if i had as much much as waxie i guess i'd be laid back too ;) while i am on my little eggroll about forums etc.....doesnt yahoo just make you want to pulll your hair out.....the sicko in me cant quit reading it but the level of stupidity there just makes me want to crawl out of my skin I really hope people are not influenced by the nonsense on those boards but sadly i know they are.....some people's children....oh well i guess they just make it easier for the rest of us to take their money....too many years of catholic school i feel guilty for everything and want to save the world......thanks dad :p"