Recent content by djmastro

Thanks for your input, I appreciate it! I am not even to the stage of getting to blow up my demo accounts yet, but I'll make sure to consider your words since you took the time to tell me your opinions.

Well I've just downloaded a demo platform from thinkorswim and I am probably thinking the same way you did at this point. What made you decide to trade forex?

When did you first get started learning about all this, FX?

FXTrend240 - I hope that comment wasn't meant for me, as I'm still so new and just learning about the different types of "herds" I could join at this point. :)

I see. Are you familiar at all with the broker thinkorswim ? I downloaded their demo to do paper trading and I am currently trying to figure out how the software works. Also, would you recommend trading FOREX over STOCKS?

Thanks LoveToTrade, I'll add those sites to my list to research. :) Another newbie question: You said "PA is the way to go". What is PA?

Bump in hopes of people reading the above 2 posts. :)

TRO - The links you have on your first post no longer work.... I haven't had time to read the 1600+ posts here yet to see if you have other links, but will be looking! Thanks for the information. DJ

Does anyone here know if it would be better to create an LLC to trade under, or just do it as an individual?

Well, I'm more into the Technical side than Fundamental, and I'd rather do a lot of small-profit trades than a few big-profit trades, at least to start with. Then I can play the averages and stick to a system that will work for me. I've been learning about the differences between stocks...

How do you come up with those figures, ned?

LoveToTrade, thanks for the responses! I'm going to check out ThinkOrSwim now and see if I can learn their demo. I would have to go into swing trading, as I don't have the $25,000 required for PDT rules here in the US. I want to stay in a shorter term, TA frame of mind rather than longer. Does...

tomorton - Thank you for the insight! I'm just starting out and still playing with demos to get the hang of the different software I'm going to need. Do you have any quick suggestions that will keep me on track? Thanks, DJ

Dinos - that sounds almost exactly like the type of trader I'd like to become. Can you point me in the right direction on how to get started in that area? I've looked into IB as a broker but was wondering if a US-based broker would be better for me.

Hi Dave! I am just beginning my trading career and live in the US. I'm interested in purchasing the "For Dummies" books, as that's how I feel right now! :) How much would you like to sell those for?