Please could you help me and other beginners by outlining your path to where you are today...Answer under these headings please if you don't mind...
How did you get into trading?
I am a techie through education but had no luck getting a job after graduation, the longer this went on the more unemployable I became as technology keeps moving and becomes outdated. also my degree was generalist, i decided that it wasn't for me and that i would need more investment in education to get anywhere with it, so I looked into my other interests, financial markets always fascinated me and I was interested to know more, specifically how I could make lots of money as you know traders do. Was I in for a shock, especially as I turned away from what i have already mention for those reasons, education, money, time
What good books did you read?
everything i could get my hands on, I read more books in 6 months on trading than i did in 4 years at uni. forums, ebooks, bought some books and plenty of websites.
Where did you source your information about trading from?
the internet
Which courses did you attend?
none, I am self taught, the only course i took was the one given by the peaks and troughs of the market
Did you use a Mentor?
No, i am self taught, I was my everything
How was your first trade?
cable, opened up a mini account with £300, lost it all pretty quickly
What do you prefer to trade and why? (Stocks, Options, Forex, Futures...?)
forex, can trade any unit size I like, but ultimately take the scale off of any chart and everything is more or less the same, unless you are a super large trader then liquidity will become an issue. its just my opinion and the style i approach trading in.
How long have you been trading?
3 years
Do you consider yourself successful?
by my standards yes. I can only compare my achievements based on how i was when i first begun, I am turning a minor profit and I have lots of knowledge about the markets. another year or two and I should be full time
What's the most important advice you would give a beginner?
be the casino, not the punter, discipline, find a method/system and stick to it, dont overleverage your account
Feel free to add in any other info after these questions...
stick with it if you believe in yourself, trade real money from the beginning, a very small amount of money you can afford to lose so you can get the psychology down, find a broker that allows you to trade very small units. dont bother getting involved unless you are willing to put in 200% and are willing to lose money.
Thank you for your time...your welcome
