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Old 03-18-2007, 05:25 AM
Jarret Jarret is offline
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Hey,

A book or two might help, depends where you are coming from..... my first was " Technical Analysis for Dummies", I read the book and applied the my learings as I gained them.

Regardless of how you decide to trade....

Open a Live account, use a broker that will allow micro lots....trade small to start with....you MUST BE trading trading live...demo trading is not trading, it is playing a game and wasting time. Sure work out your system on the demo but trade it on a Live acc.

Next book " Trading in the Zone" this is what trading is all about....anyone can trade...it is easy, your mind is the hard thing to manage...and the weak link in your future system...you must address this this topic at the start of your trading....to do this you must be trading live!!!

Key for success- screen time, you need to study the charts...to apply your analysis and understand your system whatever it may be...Screen Time!!!

Forums and chat rooms.....you will NOT learn how to trade from these places. Sure you will find some people that will know what they are doing, but it is a very small subset of posters are actually trading for a living...and what works for them may not work for you....for the most part the bodys that make up bulk of the posting are the peoples that fall into the 90- 95% failure group...

And now for the number one thing that will decide if you make it....

Self belief!!! Trading for a living is demanding....You will need unshakable self belief.

Wish you all the best in becoming the best trader YOU can be.

Jarret
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