Have you tried trading stocks online?

@slovenc1 (2089)
Slovenia
June 13, 2012 3:09pm CST
Nowdays almost anything can be done online. Recently I started trading stock online. It was actually very simple. You just install a small program and get whole list of things you can buy and graphs in real time. You can play around in practice mode or what's even better you can invest real money and never spend a dime. How? After registration you give your mobile phone number and get sms with a code. This way you confirm your phone number and get free 25€ bonus no deposit required. It ain't much in investment world but it's free and you can invest it. If you set the graph's upper and lover limits you have a chance of slowly earning profit. I was doing well (50€+) but than I bought Facebook shares and you probably know what happened with them. Soon i had only around 10€ and than I decided to invest 100€ and give stock trading another try. Have you ever traded stock online? If so where and how are you doing so far? It sure is great when you see the graph go up isn't it. I personally have no knowledge about economy or trading but I bet someone that is say a student of economy could eventually become rich with the free bonus and would actually earn money risk free. So there is such thing as free money after all Of course I know mylot rules and I'm not trying to lure anyone with ref links but in case anyone is interested in my discussion's topic feel free to reply, maybe contact me if you want to know more. So share your experience with stock trading or similar things with myloters. Have a great day
1 person likes this
5 responses
@myl999 (2093)
• India
14 Jun 12
I know this stock trading is one among the real money making opportunities lying there online but before you jump off you need to learn the basics of trading including the trading terms associated with it.There are many sites which offer a free trading deposit so to attract customers but if you do not have knowledge it is much risky as your all money can be lost at one go because of the spread as it is said.I joined marketiva,etoro and a few and tried to do trading but was not successful so thought it is more than necessary to learn it before you try it and since then I am not getting time to learn the forex and trading,because first I want to set up my automatic income filling my main program matrix GDI so I earn monthly without much work,than I will for sure go for trading online,but not now.good luck from me.when trading is concerned there are many options available out there like trading stocks, penny stock trading, binary options, foreign exchange.so you can choose any of them according to your expertise and choice.
1 person likes this
@myl999 (2093)
• India
15 Jun 12
oh why not.I know luck plays an important role when it comes to be gambling or taking a risk or playing your intuition.But this is also true you are not going to win with the free deposit given by sites offering trading and ultimately you will need to invest money to make gain so having some knowledge or taking someones help is good.I have my plans to enter into trading in future when I have some good amount of money.
@myl999 (2093)
• India
16 Jun 12
yes well said but I will keep it just fridged for some time as I am concentrating on my main two programs GDI and affiliatemarketing,because I think it is better to first create some sustainable trusted streams first than go for uncertain things so I will first establish my GDI business and affiliate marketing and when have some extra money to spare I will proceed with trading because once I could automate my main programs I will have time for other things.
@slovenc1 (2089)
• Slovenia
15 Jun 12
If you have money it usually ends up with investing your own but what might not be clear is that you don't need to invest anything and you still get 25€ bonus. It's just that you have to achieve certain number of trading points so you can withdraw the 25€ and it's hard to be that successful especially if you're new. But trying would be smart if you're planning to invest good amount of money unless you have someone that will manage your investment for you. Otherwise it's just gamble with more money.
• Mexico
14 Jun 12
Hi slovenc: I must admit that I have never tried it but it must be really exciting as you mentioned. I've worked on forex using a demo account but the results hasn't been really good. That's what I fear that I don't have the information and the knowledge to know what the right decisions are so I don't want to risk and lose money in the process. ALVARO
1 person likes this
@slovenc1 (2089)
• Slovenia
14 Jun 12
I bet it's even more exciting or disappointing when stakes are high. Imagine investing 100000€ in facebook shares and loosing 25% in one day. Great to hear you played with demo account I never had the patience to play poker or anything in demo mode. Let me remind you again that you can get 25€ to play with real money no deposit required so it's risk free. Check my profile if you're interested, thanks for commenting.
@mensab (4200)
• Philippines
13 Jun 12
i have some money online but i have not tried investing it on stocks. i alwats have the feeling that it is not safe. well, i received many invitations to invest in stocks and many invitations are offering free money to invest in the site. but i always hesitate. i need more convincing to really be lured to put my money in the online trading.
1 person likes this
@slovenc1 (2089)
• Slovenia
13 Jun 12
Sure I feel exactly the way you do and didn't even think of trading. I tried it because close friend told me how it goes and that you don't need to invest any money. I figured why not since there's no risk unless you invest. But because I'm always looking for ways to earn a little I later decided to invest some of my money and will probably end up loosing it but that's my fault. So in case you want to give it a try you probably know where to look as a myloter. Thanks for sharing your view on subject
@kingparker (9673)
• United States
13 Jun 12
I heard people talk about it all the time, but I personally have no idea how to play stock in real life. Maybe that is some of long - term investment, and you can trade it on daily, but with much more risk. I actually don't know how to play stock, and but I would love to know more about it, or better yet, download a software and practice it on virtual mode. Thanks for the tips.
1 person likes this
@bostonphil (4459)
• United States
15 Jun 12
I am with Scottrade, an online brokerage firm. I thought that I knew so much but I have made a lot of mistakes. A few of my stocks are doing very well but I have also had some losses. I have learned a lot and learned from my mistakes but I am afraid to buy any more right now. I think that some of my stocks will eventually return a profit but there are a couple that look to be disasters. I may sell some shares that have done well and take a profit but I might also sell some of my disasters so as to offset what I need to pay in taxes for the ones that did well.
@slovenc1 (2089)
• Slovenia
15 Jun 12
Never heard of Scottrade, did you open an account with 500$ as far as I understand you need that much to open one? Been there done that as far as disasters and profit goes. It's lame cause I bought like 5 different stocks and 3 went down, 2 up and I was in minus. But naturally that happened after I invested my money not while I was spending 25€ bonus. If you did invest 500$ than 25€ free no deposit probably won't tempt you to trade in program I use, if I'm wrong feel free to visit my profile. Thanks for sharing your experience, wish you well.
1 person likes this
• United States
16 Jun 12
Scottrade is an American company. It is an online brokerage house but they also have brick and mortar offices. I can not remember how much I put in my account but I funded my account with whatever the minimum amount was. Where is or are your brokerage houses located? What types of stocks did you buy? Were they American or European companies?