Trader Talk is an online trading community where traders and investors to chat about their experiences in making money from the stock market. Traders normally trade on the Ask and Answer forums where they answer questions relating to various shares, options, futures, bonds, commodities, etc. They then post their responses to the forum and await others to add their responses to the thread. It’s an excellent place to get some first hand information regarding how to make money in the stock market but don’t expect too much, as this is a community for experienced traders.
I joined Trader Talk last month and have so far made some solid trades using the services and advice of the forum members. My biggest problem was asking how I should set my asking price. There are a number of different ways you can ask for a trade. I settled on setting my price based on my experience of the stock in question. Other traders also like to ask their own price, but obviously this varies from trader to trader and even day to day.
For me, the best way to determine a good asking price is by researching the market before I ask. You can find this information in many places such as Google, and in my opinion it’s one of the best ways to determine the ask price for a particular stock. Other traders also like to post their own price, but again, I usually like to find out more about the company before placing a bid on that stock. Trader Talk is a great place to get some advice and discuss your trading strategies with other traders. You should sign up as a member of Trader Talk if you haven’t already, and I look forward to connecting again soon!