The newb is my girlfriend who's an American (I'm a brit, and not up on the US trading scene). She wants to start trading somehow, but is totally flummoxed by the terminology and has no roadmap (I must seem a real tease for scammers!) To the best of my knowledge she wants to buy/sell stocks, but it could be she's better trading options/eft etc. That's what I'm hoping to establish for her. Her trading stake is $10k, not much I know but there you have it. She is willing to lose 10% of that in the initial learning phase (however long that is). She's got software that picks 50 movers (I have no idea on what criteria). She was hoping to narrow that down to buy a portfolio of 2-10 stocks In her words, "In the 3 tier system, I use 330.00 for buying 3 quantities of stock to make a full position using the OS signal on the PPT. Then when the stock is OB I sell hopefully at a gain and then repeat the cycle with the same stock to compound the earning." She also wants to know what provisions exist in the US for stop losses, what percentages are best for them, what % brokerage fees are, etc. She is also hoping to focus on stocks about to break out. In short, she wants a 'Beginners Guide' style intro. Look forward to your considered replies, gents!!! Jaybee.