Web RollingStock100
Click here to send an Instant Message to LLH. Chat with LLH

Welcome to RollingStock100.com!
Home | Join Now | Free Trial | Tutorial | FAQ | Site Map | Help | About Us |
Members Login | Classroom | Research | Message Boards | Contact RS1
Complete layout of navigational links at bottom of page | Page tab navigation


New York Stock Exchange trading hours are 9:30AM-4:00PM ET, except weekends & major US holidays
Click here to Login and view the list of 100 Rolling Stocks

$ RS1 Membership Fees $
What a deal! Two-week trial membership = free What a deal! Regular one-year membership = $19.95; includes weekly updates & access to all rolling stocks
What a deal! Premium one-year membership = $100 & up; same as regular PLUSWhat a deal!180%What a deal!return to you!

Yes, what you see above regarding the Premium Membership is absolutely true, 180% of what you pay is returned to you, and is the norm at RS1. Click here for more information. - LLH



Paper Trading...do you really think that it's helpful?

Previous? Next? Table of Contents


Learning to trade rolling stock can be done safely without risking money by "paper trading." The most convenient way to do this is with a spreadsheet system with column headings for the symbol, date bought, price, shares, Dollars, current price, net value, date sold, price, total, net $, percent gain/loss, days held and Annualized %.

You can set up the columns to compute net value from the price and number of shares, the total from the selling price times the number of shares, the percent gain/loss from the price sold minus the price paid, times 100, over the price paid. The annualized return is equal to the percentage return times 365 divided by the days held.

I recommend E*Trade for tracking and trading stocks even if you aren't an account hold'en, cash sling'en member, you can still utilize their research tools, set up a portfolio, etc. free of charge. The site has ready access to corporate profiles, "research," which is the product of what professional analysts say about the stock, and current news releases, stories from business publications and a "msg," section for user inputs, which are often rumors.

When you decide to buy a stock be sure to record the "ask" price as that is what you would pay and when you track and sell the stock use the "bid" price as that is what it is worth and what you would receive. The difference between these prices, usually a small fraction, is what the market maker, or specialist, who carries the stock, receives for their trouble and risk.

You should paper trade for several months until you develop an intuition and feel for the stocks. In any case you have to decide when it's time to put some real money into your trading. I recommend the electronic brokerages as they are so fast and inexpensive, often filling orders in seconds and for $20, or less, up to 5,000 shares. I see no great difference between them. On busy days, all will be slow to respond. There are many online brokerages, but you may want to check out the Usenet groups to see who is complaining about whom before you pick one over the other.

Generally, you will need at least $10,000 in play in order to diversify for safety and trade in large enough quantities to reduce commissions to insignificance. Paper trading will teach you how to trade and that the best laid plans can fail. You will have losses. The name of the game is picking the best stocks in the best situations and buying into them at the right time. Paper trading will sharpen your skills, save your money and make you a stronger trader.

Last but not least, take advantage of E*Trade's game. Again it's a free service and terrific learning tool, not to mention tremendous fun.

Navigate RS1 with these links
Go to Top of Page

Members Log-in Here * The 100 Rolling Stocks * The Rolling Stocks Charts
Home Page * Home Page with tabs * memberships * Free Trial * Testimonials * Guestbook * Map of Web Site * My Email * Search RS1 * Tutorial * F.A.Q. * Help * About RS1 * News
Research * Research with tabs * Financial Sites * Stock Calculator * Currency Converter * Technical Charts * Look Ahead charts * S&P; Forecast * Random Symbols
The Classroom * The Classroom with tabs * Financial Library * Audio Tapes * Investing Dictionary * Forums Index * Netscape Users * Contact RS1
Odds & Ends with tabs * The Elves of RS1 * Auction * Classified Ads * Horoscope * Fun Games * Daily Joke * Short Stories * Swap Links * Add a Link

Today’s Markets

Member Of Candlestick Shop Banner Exchange

_______________________

Let VectorVest analyze your stocks.
Enter Symbol
  
Get on the RollingStock100 "non-members" Weekly Emailing List. You get all new weekly info free "minus" the actual list of 100 Rollers:
Click Here to Join the Non-members Email List.
Get the 100 Rollers included... Free!

Member Of Candlestick Shop Banner Exchange


The Financial Ad Trader
The Financial Ad Trader



RollingStock100TM, 1998-2006, Disclaimer Statement
Direct questions about this website to Webmaster@RS1.biz