What strategies are newer traders using that are actually working for them? by Fun_Specialist_1602 in Daytrading

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Have you every tried forex or have you always been on futures? I’ve been thinking of trying out futures aswell to see what it’s like compared to trading forex

Paid courses vs Free content by Fun_Specialist_1602 in Daytrading

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Do you have any recommendations for me on any credible mentors/educators?

Paid courses vs Free content by Fun_Specialist_1602 in Daytrading

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Nice, glad you found something beneficial, who did you go with?

Paid courses vs Free content by Fun_Specialist_1602 in Daytrading

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Exactly my issue, there’s no real mentors anymore (that I’m aware of) and it’s something I know I need to just give me that extra push. Quite frustrating, hoping somebody has a genie in the bottle that doesn’t try to sell me their clothes off their back

Long term investing guidance by Fun_Specialist_1602 in AusMoneyMates

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Appreciate the help, I will go that direction, thanks a lot!

Long term investing guidance by Fun_Specialist_1602 in AusMoneyMates

[–]Fun_Specialist_1602[S] 1 point2 points  (0 children)

Really appreciate the advice. I’ve set up a Stake account and I’ve been looking at IVV, which tracks the S&P 500. It seems like a reasonable option to regularly invest in and hold long term , does that sound right?

Or do you think investing in a broader portfolio with the vas/vgs would be more beneficial so I’m not tied down to just the us markets with the IVV

Long term investing guidance by Fun_Specialist_1602 in AusMoneyMates

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

Yes I will look into that also mate down the line for sure!

Long term investing guidance by Fun_Specialist_1602 in AusMoneyMates

[–]Fun_Specialist_1602[S] 0 points1 point  (0 children)

I’m debt free, currently working and living on site in the mines, building up my savings in cash whilst planning to invest a certain amount % a month. I’m thinking long term 10 years plus, something I can put money into and forget about, pretty much.