2 Heads Are Better Than 1, So They Say. I Am Looking To Invest In Stocks, Where Could I Find A 2nd Or 3rd Head
By admin on Dec 17, 2009 with Comments 1
I am 21 years of age, and very ambitious. I have been doing a lot of reading and research so that I could invest in stocks. Now I realize I am young, and may lack the experience I may need to be as successful as I could be if I did have the experience. I have read many cases of successful entrepreneurs who, while they were learning the ropes, had this great “mentor” that guided them through there young years. Does anyone have any suggestions on how could I possibly find my “mentor” (if that’s not too much to ask for) or even a book club or even a group of young ambitious investors as myself???????????
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Are you in college? Many colleges have investment clubs. Start by paper trading. Contact a reputable broker like Schwab. they have free courses and tutorials. Best of luck to you. You are not too young to make $. You will do great, so long as you learn the fundamentals, trade with your head and not with emotion, and plan your entrance and exit strategies, and hedge. Learn about options trading. It is very important to be able to hedge your long positions.