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| quote: | Originally posted by Jben
how would I go abut getting into trading, my mom passedvaway last year and She left me some cash how would I go about starting a portfolio?
Do I need schooling or can I learn on my own, or better getting someone to do it for me.
also how much money do you need to get started? |
1)Capital
2)Broker
3)Computer
4)Charting Software
The most important thing you need is education. It’s expensive but once you have it money comes free. And capital is important too. 
Dude formal education doesn’t seen to have much to do with a person skill as a trader. I have no background in finance or economics, im a kinesology student.I learned everything myself.
There’s a wealth of information around that has been published, many great books have been written. I have a library that consist of over 30 books on finance and trading, all of them purchased when I was learning the trade. And now as I look back at my collection and
fucking laugh at the junk I’ve acquired.
Most books on trading, teach you a certain method of charts and rules. But rules change everday in the market. If everyone learned one method do you think the market will let you use that method to make money?
The only book i recomend is the encyclopedia of chart patterns by bulkowski. Im a techincal trader i trade off momentum and always find myself looking back to it as a reference.
Ideally you should have at least 10k, if your starting out small keep your expectiations realistic.
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ALL GOVERNMENTS ARE LYING COCKSUCKERS -BILL HICKS
Last edited by Naruepol on Sep-28-2008 at 05:48
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