Sunday, August 30, 2009

Investing Knowledge Is Like Cash In The Bank

By Jens Jackson

Investing in the stock market is no walk in the park, as anybody will tell you. It is your hard earned money on the line and when you lose a trade it hurts real bad. It is important, then, to take advantage of every advantage you can take in order to not be wasting your money on bad investments. Looking for an online investment blog is one very viable option nowadays, as most people have the luxury of constant access to the World Wide Web. There is usually a lot of free information you can't find elsewhere and if you meet the right people, they'll tell you everything you need to know to make a lot of money investing in the stock market.

Teaming up with other investors over the Internet is awesome power. You can learn a ton of free investing advice by simply networking with other stock traders over a financial blog or message forum. Yes you will meet traders you do not like but more than half of the traders you meet will be eager to show you the ropes and give you a helping hand for just a little bit of praise from you. Using the World Wide Web to connect with other investors is an awesome power. If two heads are better than one, then what are thousands of heads connected over the Internet worth: priceless. I have learned a ton of free methods at becoming a better, more profitable trader over stock investing blogs and websites.

You need to read the rules, regulations, and disclaimers before becoming a regular reader of a message forum or blog. You should also check out a financial websites reputation. If they have a bad reputation, stay away from it. Comments should not be deleted by so called moderators. Moderators are bad in any form as they restrict the free flow of information and speech by nature. Any website that needs moderators is probably a website that has a bad reputation and has made a ton of enemies and so they have to keep deleting comments on a regular basis. Spend time researching a financial blog or message forum before you become a regular reader. It is easier to walk away from a website or blog in the beginning before you get emotionally addicted to the content.

My personal favorite is to join stock trading blogs that require no account whatsoever to read and learn from the materials posted. In the end, what website, message forum, or blog you decide to read is up to you but just make sure you do it because the learning curve to becoming a successful and profitable trader is a lot shorter when you have other stock traders to help you.

A lot can be learned by the type of investments an investment blog, message forum, or club is recommending. Watch out for investment clubs that recommend mostly OTCBB, pink sheet, or small cap stocks. The liquidity on these stocks are very low and so any buying will move the stock higher. You need to make sure you are not the target of a pump and dump scam involving small cap stocks. - 23309

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