brdhsewife18 Jul 2009 14:03
I was in the same predicament when I first kicked off. I looked around the boards and did fall into the trap of investing on ramping and subsequently lost some cash. It was a hard but useful lesson. I still look around the boards and if it seems genuinely interesting to me, I then do a little more research using Company websites and Google. I also set up Google alerts on all Companys I am investing in or considering investing in and get a daily email with lots of relevant postings. I also get google alerts for relevant sectors, politics and geography. Finally, if you can cut through his ego, I found that the book The Naked Trader by Robbie Burns was very useful and both easy to read and understand. That led me to trying L2 (Quotestream from iii), to get a better understanding of the markets etc. I am no expert and just passing on tips I got from other people on these boards. Hope it helps and ggod luck.