May I suggest that you would do wise to head the advice offered...

  1. 12,541 Posts.
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    May I suggest that you would do wise to head the advice offered by some of the more experienced contributors on this forum (alas I am excluded as I am still in "training wheels" myself and that is after a few years of tinkering I may add..!)

    • Please read extensively .
    • Watch you-tube videos on charting,trading, position sizing, stop losses, portfolio construction, etc.
    • Explore the plethora of trading platforms (many offer free charts and as you blossom and become more experienced you may opt for a more professional service which naturally costs money).
    • Paper trade (it costs you nothing other than blood, sweat and time)
    • Decide what sort of trader you wish to be.
    • Decide what you want to trade (eg stocks, currencies, derivatives,etc ) and which markets (eg Australian, US, India, etc)
    • Develop a trading plan.

    And w\hen you have done all this go back and start at the beginning again. This journey can take years, especially if you work full-time.

    I am sorry to say that until you do this you will only be gambling and not with your own money. I fear you are doomed to fail.

    Sorry to be so frank and i hope you enjoy the journey..

    V

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