Starting up as a pro....

[rossco23]

Hi all,

I've been trading part time for a couple of years with some good results (US equities). I'm considering going full time and and wondered if anyone else had made this transition and if they could give me a feel for what they experienced. I currently trade an account size of 20k GBP but I have another 100k GBP to invest, which should make me self sufficient if I get the % returns I've been getting to date.

Any advice would be appreciated.

thanks

 

[smacker]

If you haven't already, try and get a few weeks/months away from what you are doing now, use this time to give it a go and see how you get on. It's extremely lonely, boring and frustrating at times, there's nothing like working for a month/s only to lose money!

Going from £20 to 120k is a big leap, you might find that you can't trade the same way and get the same returns due to fear/greed etc. add to this trading will now become your main income so you need to deliver!

Whatever you decide, Good luck

 

[rossco23]

Smacker - thanks for the advice. Making the jump in equity and trading full time will be a massive step, you're right I'll try it full time away from my day job for a few weeks and see how I get on.

thanks again

 

[rahoolrbs]

hi
i m new in trading world i have been using forex platform can someone suggest me any best platform to trade commodity.

 

[deebee1]

i know alot of traders use mt4 to trade, but i myself use ig index and from a beginners point of view is pretty good to get the hang of.

 

[Trading Spaces]

Goto work earlier and come home earlier. Organise your finances so you can trade the full amount off an iphone at work.

Hi all,

I've been trading part time for a couple of years with some good results (US equities). I'm considering going full time and and wondered if anyone else had made this transition and if they could give me a feel for what they experienced. I currently trade an account size of 20k GBP but I have another 100k GBP to invest, which should make me self sufficient if I get the % returns I've been getting to date.

Any advice would be appreciated.

thanks

 

[Masquerade]

Goto work earlier and come home earlier. Organise your finances so you can trade the full amount off an iphone at work.

 

[the hare]

an iPhone at work why oh why didnt I think of that

I think they even have free WIFI at maccyD's

 

[donaldduke]

an iPhone at work why oh why didnt I think of that

I think they even have free WIFI at maccyD's

Not too long ago we were trading using 56K dial up modems from home.

Still i think the general advice is good, the OP probably shouldnt give up his day job unless he really has too.

 

[Trading Spaces]

I'll make it even easier for you. Buy iphone, open account interactive brokers, download mobile tws on iphone, buy apple stock on margin, portfolio margin if you have $100k, hold as long as possible, if you want to be clever then trade apple options.