New to the Game. Please read and reply

hello stockers.  I have a 401K plan that owns a lot of stock funds and I have owned stock in my company since we went public in January.  It has made me want to own a few more stocks, basically so I can watch their prices move.  So I just opened an Etrade account for $2000.  I have a great job with a very steady income.  So this $2000 is ready for risky play.  I obviously don't want to lose it, but i'm willing to risk it on something that might hit. 

 

Someone told me about ticker CHNG.  I'm thinking about buying 300 shares, it is trading at $3.40 right now.  Then I'd have about $1000 more to place on something.  any ideas, suggestions, etc...?

Some advice.........learn the in's and out's of point and figure charting.  When I started in the business, someone gave me the same advice.  Not to push anyone's services but www.dorseywright.com is a very good place to start.  If you want to try it for a couple of weeks it's free and then if you subscribe, they used to send you some good books to read on the concept.  God I sound like one of those asshole touts but really, it will be beneficial to you.

 

The nice thing about any technical analysis is that it helps to take your #1 weakness out of play.....emotion.  Be that greed or rationalization or fear or whatever it is for you.  If the technicals say sell, you sell.  If they say buy or add to a position, you do it.  The website I gave you also has 4-6 ideas (stocks to go long or short) on a regular basis and that helps to.

Not sure if anyone jumped on CHNG with me.  But I bought a few days after this post at $3.26.  It reached over $5 today, and is trading in the high $4s now.  Barring a complete drop, this will go down as my first successful stock pick.