mercredi 6 avril 2016

Hello! Very early queries..

Hi all,

Firstly, I would like to commend the efforts by so many on this forum who have provided such a wealth of material and imparted with so much knowledge to other users and would be traders.

I have began working my way through the New to Trading Stickies and associated posts/videos etc.

Now to put myself in the picture, I am at the very, very early stages of understanding the Stock Market, trading, etc. However, it's a subject that has fascinated me for a few years now. As I have grown up a bit in the past few years, I've come to realise that my hobbies and interest were no longer "interesting" me. I was spending time and money on pursuits which I had maybe grown out of.

Of late, I have found myself drawn to learning more about the Stock Market, Trading, the buying and selling of shares, understanding jargon, etc, and I have thankfully stumbled across T2W.

Many seasoned members continually say that a plan is a MUST. I am in the process of comprising that plan. Given the infancy of my learning, my plan for the next 8-12 months is fully based on just that, learning.

It is my aim to save a portion of my expendable cash to build up a decent pot to start trading. BUT, well in advance of any trading, I aim to "hit the books" and begin the process of learning as much as I can. I would think it will be another 6-8 months before I would be comfortable even in a demo environment, and I am in no rush whatsoever, I want to be armed with as much knowledge as I can before I begin to use real life money.

I feel passionate about the idea of trading, which type of trading I go into will depend. As a beginner, I understand that short term stock trading is a good option, to learn the ropes of regular trades, without the high intensity of becoming a scalper right from the off. Plus I have a full time job to contend with.

AS my learning has commenced, I have come across one or two (probably very basic) queries, that I would like to understand better before I continue to read on etc.

Question 1 When reading the stickies last night, I came across a comment regarding "Getting the price you want" for stock you are selling. This threw me a little bit, as I always thought you "got" what was listed as the BID price, and wasn't sure there was deviation with this. Am I overthinking it, or is there something I am missing?

Question 2 Will a trading platform identify which markets they can trade in? As I am in the UK, would I struggle to find a platform where US Stocks can be traded?

Question 3 Would a beginner always use "Market Orders?"

Any feedback on the above queries would be hugely appreciated. As I know, I am a mere infant in terms of learning and understanding this world, but I am eager to learn, have a positive attitude, and I find the subject matter hugely interesting and exciting.

Thanks for taking the time to read my waffle, I look forward to continuing my learning through the assistance of this site and it's seasoned members!

Cheers!


Hello! Very early queries..

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