Question : How can I learn stock trading in one day?
I was a little drunk yesterday on the golf course and bragging to my father-in-law about my vast knowledge of the stock market. Now he wants me to invest a large portion of his wealth! I've never even owned a stock or done any daytime trading or anything.
- asked by I'm that asshole down the st
All Answers:
Answer #1
You can't.
- answered by DAVEG_10
Answer #2
visit
http://netnew.tripod.com and search foronline trading and finance page
- answered by score
Answer #3
Pay me $1000.00 and I will tell you what I know
- answered by wolfwi4
Answer #4
You cant. It isnt all that hard to make a profitin the stock market, but you cant learn itovernight either. Tell your father in law you arefull of it and get it over with. You will looklike an even bigger idiot if you lose his moneyyou wont admit you got drunk and acted stupid.
- answered by fat_albert_999
Answer #5
I've been learning stocks intensely. Hours a dayfor about four years now. I have over 200 pages ofinformation on just patterns. I still makemistakes. So far this year, I've yet to have aloss, but that may not last long. You can notlearn in a day, week, month, or even a year. Donot invest for anybody.
- answered by Anthony J
Answer #6
read tips on stocks and investing that will helpyou on this site
- answered by yums
Answer #7
Tell him that in the course of your experienceyou've learned that your style of trading worksfor you but might not work for others given thedifference in their goals, objectives and timehorizon so you'd rather not be put in thatposition. On the other hand, I think it's MUCHmore likely that he knows you're full of sh1t andis calling your bluff. Now quit drinking whenyou're around the guy.
- answered by Oh Boy!
Answer #8
just gamble on it!!business is hard topredict..but ur a player when u hit a jackpot..ifu lost some amount of money just admit dat ppls doall wrong sometimes..ait?!life ur live to thefullness!!
- answered by aripp_ehh
Answer #9
That's like asking how you can graduate with aPh.D. in one day. Trading is the hardest thingyou can do. It takes times to learn. I've beentrading for nearly 20 years and I still considermyself a novice.The best advice I can give you isto confess to your father-in-law. If you gothrough with it, there is a high probability thatyou'll lose his money. It is better to for you toconfess than to lose his money. He'll probablylaugh off your bragging, but how will he react ifyou lose his money?Remember the saying, "Pridegoes before the fall". Swallow your pride andtell your in-law the truth because if you don'tthe consequences of you losing his money is goingto be vastly greater than the temporaryembarassment of telling him you were drunk and youdon't know how to invest.
- answered by 4XTrader
Answer #10
I found some good info here.
- answered by David D
Answer #11
Your question reminded me of something I recentlyread. Let me start by quoting John Carter,"Trading is the most deceptive profession in theworld. Do you know anyone who has recently walkedinto an airport, jumped into the cockpit of ajumbo jetloaded with passengers, and taken offdown the runway without any prior training? Yetpeople will routinely open an account and starttrading witout any guidance whatsoever. And thatis equally insane."You can certainly trade andlose as much as you want, but I wouldn't recommendit.You might answer your father in law that you'restill working out some strategies with the marketbeing so choppy. Use that time to continue tolearn. Buy "How to make money in stocks in goodtimes and bad" by William O'Neill. And read itfor the basics.You might start with a firm likeinvestools.com or one of the other educationalfirms. They can really help you protect yourmoney and help it grow. If you need to put themoney somewhere for now. Perhaps you can buy acouple of ETFs (similar to indexes) like theQQQQ's (Nasdaq) or DIA (Diamonds = DOW). That wayyou'd at least be mirroring the market. That'llneutralize you in the fact that at least you'd beperforming as well as the market to start. AndTHAT should buy you enough time to better learnhow to make money! Let me know if you have anyquestions.
- answered by Yada Yada Yada
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