I'm not new to investing, I have done risky stuff as well as some mutual funds. Since I understand tech. analysis and have practiced it (for fun not with real money) for many years, I can tell I do know something about trading.
How would I go about starting doing it online with $13,000 and little experience? Should I trade stocks, forex or something else?
Is there a way to start slow and grow? Mistakes to avoid?
Thanx to everybody.

Answer
As usual "Common Sense" has given good sound advice, while "David" is totally off the wall - It's almost impossible for any trader to use Sharebuilders, Kramer is a nightmare,

Let me add my suggestions for you
To be a trader you must first learn how to invest. You must know the products and the markets in which they trade and more importantly you must know the rules that govern those products and markets. So you must know what youâre doing, why youâre doing it, and how to do it. You should start by reading âInvesting for Dummiesâ by Eric Tyson.

Then hereâs a list of books you should consider, at least read half of them
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
How to Trade in Stocks, Jesse Livermore
Millionaire Traders, Lein & Schlosberg
One Up on Wall Street by Peter Lynch
Reminiscences of a Stock Operator, Edwin Lefevre
The Disciplined Trader, Mark Douglas
Trader Vic-Methods of a Wall Street Master, Victor Sperandeo
Trader Vic II-Principles of Professional Speculation, Victor Sperandeo
Trading for a Living, by Alexander Elder
Trading in the Zone, Mark Douglas

And when you think you want to trade, try some paper trading to test your skills without spending you money http://simulatorinvestopedia.com/ http://www.moneyworks4me.com/
and/or http://www.tradingsimulation.com/

Before you enter your first order you need to address four major policies and have very strong discipline to follow them
1 - You need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. Always use stops either to protect you on the down side or to lock in profits on the up side. Never trade on emotions, when emotions get involved walk away. Donât try to out-smart the market, youâll loose but if you always take what the market is willing to give you, youâll be successful. Other words, you donât trade against the trend since the market is always right. And NEVER trade on emotions, once you let emotions in your trades you will loose
2 - A written money management program is essential. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested. Never go into a trade without knowing when and where you are going to get out of it. Never let a loss on a trade get greater than 8%-10%, always take you loss and walk away - don't loose more than you need to and don't be afraid to take the loss. Remember you never can get hurt taking a profit. Never average down, but you can average up.
3 - You must have sufficient trading/investment capital. Use your own money, thereâs no need to go into debt so that you can trade and/or invest. Margin can be used but only with restraints, never let the account wall below 45% equity. Unless you fully understand margins you should not use it.
4 â A full and complete understanding of the rules & regulations of the industry. If your going to play in the game be sure you know the rules of the game and always follow them.

Unless you are willing to study and follow the above you will never make it as a trader. To be successful as a trader it takes work and constant study of the markets and the products traded in those markets, there is no easy way.

What are trading stocks, forex, and broker?

Can anyone who knows:

What is trading stocks and how to make money with it?

What is forex and is that related to trading stocks?

What is broker and the same questions above?

Can we absolutely make money with those?

Answer
Hi Dynasty,

Stock trading meaning if you think that for example Facebook share price will rise from current price say USD$20 and let say the next five days, the price will go up to USD$40, depending on how many shared you have purchased, say 50 shares and if you decided to liquidate it, you will make $20x50=$1000 and of course if let say the price will to drop to USD$10, then you will lose $10x50=$500.

Forex trading is trading on currency pair such as the most popular pair EURUSD and if tomorrow Germany will to announce that they will get out from EURO Zone, and if you know the information beforehand, you can short 1 standard lot, meaning 1 pip=USD$10 on EURUSD and take profit at 500 pips, you will make a profit of 500pipsx$10=$5000 within hours.

Of course both investment tools can make money only if you know how to take care of your money management to reduce your risk to the lowest. Actually in my personal forex blog, I did write something about money management on how to limit your risk if you are wrong of your trade.

Broker is platform that you need it to buy and sell your stocks or currency pairs (Forex) and they will take commission from every trade that you have transacted. If you want to try it out, you can apply for a Forex demo account to have a feel on what is Forex trading all about and try to read up Forex trading from babypips.com or my blog. In any case, it is all Free so take full advantage of it.

Absolutely can make money provided you can control your own psychology and have a sound money management to control your risk per trade.

Best Regards
Ah Kiat