Right I am as new as you can possibly get in this game, and already my mind is messed up with all the choices!
I have tried to avoid all the geniuses in the market offering to make me £1million out of peanuts.... if it were that simple they wouldn't be writing Internet websites would they...?? I bet however they 'scalp' plenty fools out there at £200+ a shot.... OUCH !!!!
Right so now that I got the gripe off my chest the aim of this request is to find out exactly where I should start with all this. There seem to be many trading types, rules, strategies, tools and so forth. I am sure over time I will get to dabble in most of these and scalp myself in the process, but right now I need to get started with a low risk approach.
As far as I can tell SB seems to be about the best way to go (with a Stop Loss). I also think trading only indices, and top 100/30 blue chips may be a good idea.
Please correct me at anytime as I may be dreaming up a heap of rubbish.
Is it feasible to set myself some goals, or is the industry that pot luck that I'll be lucky to exit with a shirt on my back?
I am very happy to make several small wins here and there and slowly build the kitty.... unless anybody else has a better idea?
Anyone know where I can get my hands on a virtual trading account (using the same instruments I would like to start with, i.e. SB)?
I will stop annoying you all know and go back to staring at some graphs that keep doing the opposite of what I would like them to do...
I have tried to avoid all the geniuses in the market offering to make me £1million out of peanuts.... if it were that simple they wouldn't be writing Internet websites would they...?? I bet however they 'scalp' plenty fools out there at £200+ a shot.... OUCH !!!!
Right so now that I got the gripe off my chest the aim of this request is to find out exactly where I should start with all this. There seem to be many trading types, rules, strategies, tools and so forth. I am sure over time I will get to dabble in most of these and scalp myself in the process, but right now I need to get started with a low risk approach.
As far as I can tell SB seems to be about the best way to go (with a Stop Loss). I also think trading only indices, and top 100/30 blue chips may be a good idea.
Please correct me at anytime as I may be dreaming up a heap of rubbish.
Is it feasible to set myself some goals, or is the industry that pot luck that I'll be lucky to exit with a shirt on my back?
I am very happy to make several small wins here and there and slowly build the kitty.... unless anybody else has a better idea?
Anyone know where I can get my hands on a virtual trading account (using the same instruments I would like to start with, i.e. SB)?
I will stop annoying you all know and go back to staring at some graphs that keep doing the opposite of what I would like them to do...