Archive for the ‘General Investing’ Category

5 of the Best Stock Trading Forums

Wednesday, September 2nd, 2009

There is no doubt that stock trading forums can provide some very useful information when you are learning to trade stocks. However, it is important to remember that whilst they can be useful, a lot of the content that is posted on these forums is posted by losing traders. So it’s very important to make sure you don’t take everything you read as correct.

One thing I have personally found useful with stock trading forums, you can see the mistakes other traders make and it can help you make the same ones.

When posting, always try to be helpful and give back to the community as well as taking.

Some of the best stock trading forums I have come across to date are:

Trade2Win Boards – This is a very active forum targeted at all kinds of trading, not just stocks. A lot of the members are from europe. This is a great forum for newbie traders.

EliteTrader Forums – Another busy forum. This is definitely one of best forums for intermediate and advanced traders to share ideas.

ForexFactory – This is a very busy forum. It’s primarily aimed at forex traders, but recently they added a section on stock trading that has become very popular.

OnlineTradersForum – This is a smaller forum that has a nice community feel. It is primarily aimed at the stock trader.

Zecco Trader Forum – This is the zecco broker forum. A nice community, but as you’d expect, it does have a bias towards trading with zecco.

Do you think like the richest man in the world?

Monday, August 3rd, 2009

Did you know the worlds most successful investor Warren Buffet made his fortune through compounding his returns?

He has been one of the richest men in the world for many years. He has been number 1 on a few occasions too,.

He has averaged around 24% per year for over four decades. 24% per year compounded for 40 years would turn $1,000 into $5,455,000.

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