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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (11007)1/15/2001 8:32:31 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 12039
 
Well for beginners I tell them to learn how to trade mutual
funds ( no loads ) before they try to out smart the market
and pick stocks. Better than Funds are the indexes
such as QQQ..in fact I trade it a lot more than I do stocks.

The SPY or DIA might be better for a beginner.

The QQQ has more action but can set a person
back more if they slip up also they need to be
set up with a margin account so they can short it.

It shorts without needing an up tick.
Jim
PS

I just updated the NDX 100 weights using a 10 day
avg volume X price. And posted it on that thread.