Greetings
Greetings everyone,
Since paper trading in high school I have always had a fascination for trading. I currently however have minimal (average joe) experience with some stock purchases, index based ETF and mutual funds. I am now planning on getting seriously into trading and fueling this passion. My professional background is software development and architecture as well as information security (the risk management aspect should be handy in this new endeavor).
I now have surface knowledge of ETF, Forex, Futures, etc. Currently, I am focusing my efforts into really understanding what I am about to do with intricate details. I am learning about value vs growth stocks, fundamental analysis and technical analysis techniques and all the indicators available, etc. I have been reading information from many web sites and started to read some fantastic library books as well.
I have toyed a lot with quite a few pieces of software (both desktop and mobile), so far my favorite finds are ninjatrader, the thinkorswim app and barchart.
I will be taking a slow approach and master the subject and tools first then formulate strategies that I will validate via paper trading. Only when this is complete will I start my real portfolio. Therefore, this should be a long and hopefully fruitful journey!
Any and All advice will be much appreciated.
- Mike