Stop!

If you haven't understood the very basics of the market you shouldn't even think of putting any money into it!

I suggest you go shopping for a remisier. They can be slightly more expensive but you might save even more for the advice and guidance they will give you.

Your broker should have supplied you with all the information before you signed up. If you're in a hurry to make a trade you can make the payment in three days. But usually having money in your trading account means a lower brokerage rate and sometimes a very very very very tiny bit of interest.

@luminaryxi

Diversify. I'm sure most investment books would suggest against putting all your eggs in one basket.

And as for analysts, pick out raw data from their reports and take the recommendations and outlooks with a fistful of salt. They are not a reliable source of investment advice.

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Added on August 17, 2010, 11:41 pmDoes anyone know where to get historical EOD data for 10+ years? (in importable ASCII format, like the ones on klseeod)

I saw some websites offering CD-ROMs for sale, but they're all really shady looking.

This post has been edited by noflyzone: Aug 17 2010, 11:41 PM