PdeH wishes to Introduce himself
It's good to be here. Hope to learn and in time contribute. What led me here is pretty straightforward enough. A friend introduced me to a spread betting system for the FSTE 100. As a system it was alright but aimed at those who do not want to take their trading seriously. I want to know why a system works not that it just 'does'.
Pretty soon I began digesting everything I could find on trading options, Forex, Indices etcetc. In a bid to find what suites my personal style.
This led me here. I cannot find a serious mentor to help me trade the FSTE or DOW.
Therefore am seriously considering Forex. THere is a mine of 'get rich quick', fast talking sales pitches out there. I can spot the Bullsh**t a mile off as I am a veteran of the music business.
My aim is to build a proper trading business. Where and on what market is predicated only by funds ( have recently refinanced my production business ). My aim is to trade up to Options next year.
Am considering various methods right now, to trade Forex, since I cant seem to make any head way with the FTSE; Don't get me wrong I scalp trade well for a newbie. However I know my limitations and that I have many bad habits like, over trading, not having a clear trading plan, my money management sucks as does my understanding of proper risk / reward ratio. So much to sort out. I love a challenge so here's to 'stepping up to the plate' with the view to become a rational, consistant, well informed trader.
I've stepped back to sort these problems out and stop trading hunches, half understood chart patterns and now am looking to find a new online broker, some education and to seriously consider trading Forex as opposed to the Rolling 100; perhaps trading longer time frames.
First things first. It's great to be a member of a community of other traders.
So hello everyone. Any help, suggestions, would be greatly considered.
Wishing you all a good week in the markets.
P de H