Where to start???

Discussion in 'Professional Trading' started by joffa, Oct 14, 2008.

  1. joffa


    Hi All and anyone.

    I am faily new to the trading game and would like some advice (opinions) as too what would be the simpliest form of trading with a low initial capital to enable you to trade part time with the intent of becoming a full time trader in time?

    I have done a lot of redaing, been to seminars and just need to make a start and stop procrastinating and waiting for the "No brainer System" to come along!!!!
  2. Find a online broker/service with a good paper trading setup. Sit and stare at the market for 5 days a week for an entire year. (excluding holidays) Make notes in a journal. Read some books going over the basic technical aspects o trading.

    When you understand the market and feel you have a edge. Test your hypothesis out with paper trading and see what your P/L rate is. Then slowly ease into cash if you are consistently making profit.

    If you can't be bothered to commit to this full time then you should just go up to the tallest building in your city and shower the streets with your planned trading bankroll.
  3. Of course it may be best to just do the last bit.

    That's what most of them at Lehman did and they earned some blummin' good pocket liner doing it as well!