Is better trades.com a gimmick or a true way to make fast cash in your investments?

Question

I want to invest in small cap companies that are growing. But I'm a fossil when it comes to getting started, better trades says It's easy. I don't like to throw away my money but I have an idea on what commodeties will be useful. Any suggestions gladly appreciated. Many Thanks.

Answer 1

Before you spend any money on Better Trades or others like them, try doing it on your own.

Here are some websites that you should look at

http://moneycentral.msn.com/home.asp

http://finance.yahoo.com/

http://www.investors.com/?tn=top

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners. If any site offers free information, take it

Here are some other sites

http://investorshub.advfn.com/default.as...

http://www.thestreet.com

http://www.brokerage101.com/

http://www.1source4stocks.com/

http://www.decisionpoint.com/TAcourse/TA...

http://stockcharts.com/

http://www.grahaminvestor.com/

Don't believe that there are any get rich quick programs out there, the holy grail is not there.

Do it the old fashioned way - study

If you like reading, here's some books to look at

What Works on Wall Street by James O'Shaunessey

Beating the Street by Peter Lynch

One Up on Wall Street by Peter Lynch

The Warren Buffett Way by Robert Hagstrom

Trading For a Living by Alexander Elder

Mastering the Trade” by John Caster

How to Make Money in Stocks” by William O’Neil

The Disciplined Trader by Mark Douglas

Good luck

Answer 2

The big secret is that there is no secret.  Making money in the market just takes a lot of work and is not fast.

Nevertheless, there is no shortage of people willing to sell "The Secret".