Re: beginners course
nheath100
Can I make a suggestion?
I think you should go to the free seminars that CMC, Finspreads, IG and City are throwing? As I said they are free, and as far as I know there are no alterior motives except for the obvious one of trying to get you to sign up as a client.
I run the risk of advertising here, but I hope this site by know realise that I am not bothered who you trade with. I run a free seminar at work, so PM me if you are interested. I run through some basic and advanced material. I am writing some new material at the moment because I got so many comments about it being too complex. I get many there who are not even clients. Its an offer for you to learn from someone who lives and breahtes the market all day every day.
The problem that I have nheath100 is that although I or any trader can teach you the basic ( and the advanced) I can't teach you to pull the trigger.
The basic books on trading, you know the really heavy books like Edward and McGee etc, contain everything you will ever need to know to make a good life in the trading arena IN THEORY, but trading is not a theoretical profession.
The way I learned to execute was two-fold. It was through a lot of practise, practise, practise ( NOT paper trading because I needed to feel the psychological pressure as well ) and then back testing.
By back testing I mean that I purchased a lot of intra-day data and went through the days one by one, drawing lines and making notes of wave length and duration.
Of course it all depends on what kind of trader you are, short-term or longer term? Only you can answer that question.
Good luck
Sunseeker |