Sladey's debut

Slim Sladey

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Morning all,

I have just registered to the T2W site this morning after being directed to it by my spreadbetting company.

I am a recently qualified chartered accountant working for one of the big 4 at present and started spreadbetting in June. After a rocky start, had lost 95% of original capital(!) i'm now actually up and slightly ahead of my own target :), thoguh this is likely to be more by luck than judgement.

I think i'm learning to better time when i get in and out of the market and was hoping to learn how the technical tools (Bollinger, RSI etc) are calculated so that i can decide which ones to use.

It was with this in mind that my spread trading company directed me here, so that i could get some views on good beginners text books etc. However, after reading a thread for newbies i noted that a lot of traders tend to use these as support tools only and seem to be more concerned with price and volume and S and R, (though i'm not sure what S & R means) - i think.

So overall i'm hoping that some one out there could give a newbie some direction in where to start before i go off trying to read 300 text books that aren't practical or relevant.

Any responses would be appreciated.

Slim Sladey
Show me the money
 
Welcome to t2W Slim Sladey,

Before buying any books, spend time reading through this site. There is a hell of a lot to read and alot of pointless cr*p amongst it all but there is definately many worthwhile threads and posts to help you on your way...

S & R = support and resistance!

Good luck
 
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