scottrade : NEW to the stock market game

[DrahogErusiel]

hi, i was recently trusted with a scottrade account ($500 balance) to try my hands at trading stocks. well i dont know anything about trading stocks. mainly im thinking about investing in apps but the apps i want are not public. any advice etc would be nice.

please dont tell me to pull the money and bring it to bitcoin. i wish! but thats not a option. thank you! i hope to get some advice.

[Lethn]

I know you said you were 'entrusted' with that account but honestly, I would give the money back and tell whoever it was who gave it to you to go and put it in Bitcoins, 'real' markets are manipulated like crazy and rarely follow normal logic because of all the things people are doing behind the scenes.

[beetcoin]

this site is about bitcoin.. i think you might be barking up the wrong tree for information or tips about trading stock.

[WEB slicer]

look in to the foreign exchange market. its basically trading currency vs investing in a company. i think there's more potential.

[DrahogErusiel]

this site is about bitcoin.. i think you might be barking up the wrong tree for information or tips about trading stock.

no im barking up the right tree, i wanted thoughts from this communities point of view.

[DrahogErusiel]

I know you said you were 'entrusted' with that account but honestly, I would give the money back and tell whoever it was who gave it to you to go and put it in Bitcoins, 'real' markets are manipulated like crazy and rarely follow normal logic because of all the things people are doing behind the scenes.

this is what i was saying.. you almost have to find out what CEO runs each company and if they have tanked other companies etc. and the list goes on

[DrahogErusiel]

look in to the foreign exchange market. its basically trading currency vs investing in a company. i think there's more potential.

i agree, im working on convincing the trusted owner of the account to do this.
 

[DrahogErusiel]

this site is about bitcoin.. i think you might be barking up the wrong tree for information or tips about trading stock.

also this is the off "topic forum" i can talk about what every i care to. have you not noticed the other threads? for some reason i think you are just posting just to post. your comment has redeeming quality.