Stock Advise - Newbie

[Blackhatnet]

Hello,

I am very new to overall stocks and stuff. I was just curious to know if following FDA Calendar is just enough to have an edge in trading. I believe there got to be other info too. Please advise a good starting point.

Thanks

Are paid subscriptions more informative than free one's? Just wanted to understand the logistics behind it.

[DogDayTrader]

While it can be debated whether one can truly ever have an "edge" in trading, information is the most valuable commodity.

My suggestion would be to start here: Investopedia.com - Your Source For Investing Education
And learn the basics of the different types of investing/trading and how the markets and trading works. The following two things I would recommend deciding before you start playing with real money:

- Define how your approach to investing/trading (i.e. value, long term, day-trader).
- Define your risk tolerance (i.e. Am I willing to risk $1 to make $2?).

While you can always change your trading/investing style and tolerance for risk, but not having a solid foundation for either will only lead to disaster.

Finally, I would recommend that you read everything you can handle about the style of investing you choose and fully understand how it works before risking any money.