Scotty2Cues
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I began this trading journey in Febuary 2010 after wanting a new challenge, hobby and maybe career change. The last time I had such an urge was back in 1996, aged 21, in a very dead end job and had no qualifications. A year later I was lucky enough to get onto a good Physics degree course and was loving it! I knew someone working in the city of London (he was at Barings Bank for a short time ) and thought the financial world as a possible career route. For various reasons I decided not to move over to the 'dark side'.
I had been curious about trading was (I remember watching a BBC program in '97 about the Black-Scholes formula with a British maths PhD bloke with a bad back trying to use spider web shadows to predict the market or something) After watching the BBC's 'Make me a trader' (2009), I spent a couple of weeks looking a bit more at what they did but, for various reasons, decided it wasn't for me.
Decided in Feb 2010 to give it a shot, learn as much as I could, and see what happens. Luckily came across Trader_dante's thread; that put me onto J16's material and from there I made the decision to concentrate on Forex. Also liked Jacko's ( *******!)material and paid the $700 education in April as J16 more expensive and most of it freely available. Also bought 'Trading for dummies' and later 'Currency trading for dummies'. Everything else I learned from T2W, FF, Babypips etc. I was also put onto the BillRayValentine thread over at FF about a month ago and this I love! This will be the basis for my trades. In April I started to learn basic fundamentals (I didnt know what ECB stood for, let alone what it did) just out of curiosity but now in placing trades.
I demoed successfully and opened a live account a couple of months ago (changed brokers as the charting software had bugs). Didn't place any trades with the first broker because of the bugs. Have just moved house, come back from holiday and so have not yet placed a live trade Seen setups that I would have taken when demoing but frustratingly talked myself out of taking them.
Have read that new traders will be doing extremely well if they break even in their first year of trading, so thought this would be a fun 'experiment'.
At the moment enjoying everything to do with trading; I find it exciting. If it turns out I can trade then the next step will be looking at ways to make it my career somehow (I realise that having a successful trade record is a massive advantage for getting into this business). If this doesn't work out, then its back to the drawing board, but I'm running out of ink....
I had been curious about trading was (I remember watching a BBC program in '97 about the Black-Scholes formula with a British maths PhD bloke with a bad back trying to use spider web shadows to predict the market or something) After watching the BBC's 'Make me a trader' (2009), I spent a couple of weeks looking a bit more at what they did but, for various reasons, decided it wasn't for me.
Decided in Feb 2010 to give it a shot, learn as much as I could, and see what happens. Luckily came across Trader_dante's thread; that put me onto J16's material and from there I made the decision to concentrate on Forex. Also liked Jacko's ( *******!)material and paid the $700 education in April as J16 more expensive and most of it freely available. Also bought 'Trading for dummies' and later 'Currency trading for dummies'. Everything else I learned from T2W, FF, Babypips etc. I was also put onto the BillRayValentine thread over at FF about a month ago and this I love! This will be the basis for my trades. In April I started to learn basic fundamentals (I didnt know what ECB stood for, let alone what it did) just out of curiosity but now in placing trades.
I demoed successfully and opened a live account a couple of months ago (changed brokers as the charting software had bugs). Didn't place any trades with the first broker because of the bugs. Have just moved house, come back from holiday and so have not yet placed a live trade Seen setups that I would have taken when demoing but frustratingly talked myself out of taking them.
Have read that new traders will be doing extremely well if they break even in their first year of trading, so thought this would be a fun 'experiment'.
At the moment enjoying everything to do with trading; I find it exciting. If it turns out I can trade then the next step will be looking at ways to make it my career somehow (I realise that having a successful trade record is a massive advantage for getting into this business). If this doesn't work out, then its back to the drawing board, but I'm running out of ink....
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