Newbie FT Trader

[JJL3142]

Hi all,

Brief introduction to myself: I used to be a ft IT project manager in the city until recently. I am looking now at trading (so any tips I will take gratefully (after careful consideration )


What inventory does a newbie trader need ?
I want to buy and sell the indexes for SP500, possibly FTSE (but I need to finialise my strategy). Until recently I have been using the quotes from siliconinvestors to try and price my wins (and quite a few losses too )

Thanks
Pervaz

 

[FTSE Beater]

Hi Pervaz

May I first ask how long you have been trading for, as it takes a lot of experience to make the switch from part-time trader to a full-time one.

If you have got plenty of experience and money behind you, then the minimum you would need is a computer fast enough to run your brokers software, a charting package and a live feed (with a reliable internet connection), but coming from an IT background, I don't think you needed to be told that

To trade the indicies, I'm not sure what (if any) extra software you would need. I'm sure there is a lot more experienced index traders here to help you.

HTH

 

[Uncle]

There are some posts in the thread "Spread Betting" by DAVIEGRANT, which you might find of interest in your quest.

John

 

[JJL3142]

Thanks guys

Thanks guys for the info. I notice there are a lot of guys from London maybe we should meet up one day

 

[G.O.A.T]

Hmmm me too

 

[Lord Flasheart]

Lol, I think the thread started is now dead like the thread. Parvez,you about