Slim Sladey
Junior member
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Morning all,
I have just registered to the T2W site this morning after being directed to it by my spreadbetting company.
I am a recently qualified chartered accountant working for one of the big 4 at present and started spreadbetting in June. After a rocky start, had lost 95% of original capital(!) i'm now actually up and slightly ahead of my own target , thoguh this is likely to be more by luck than judgement.
I think i'm learning to better time when i get in and out of the market and was hoping to learn how the technical tools (Bollinger, RSI etc) are calculated so that i can decide which ones to use.
It was with this in mind that my spread trading company directed me here, so that i could get some views on good beginners text books etc. However, after reading a thread for newbies i noted that a lot of traders tend to use these as support tools only and seem to be more concerned with price and volume and S and R, (though i'm not sure what S & R means) - i think.
So overall i'm hoping that some one out there could give a newbie some direction in where to start before i go off trying to read 300 text books that aren't practical or relevant.
Any responses would be appreciated.
Slim Sladey
Show me the money
I have just registered to the T2W site this morning after being directed to it by my spreadbetting company.
I am a recently qualified chartered accountant working for one of the big 4 at present and started spreadbetting in June. After a rocky start, had lost 95% of original capital(!) i'm now actually up and slightly ahead of my own target , thoguh this is likely to be more by luck than judgement.
I think i'm learning to better time when i get in and out of the market and was hoping to learn how the technical tools (Bollinger, RSI etc) are calculated so that i can decide which ones to use.
It was with this in mind that my spread trading company directed me here, so that i could get some views on good beginners text books etc. However, after reading a thread for newbies i noted that a lot of traders tend to use these as support tools only and seem to be more concerned with price and volume and S and R, (though i'm not sure what S & R means) - i think.
So overall i'm hoping that some one out there could give a newbie some direction in where to start before i go off trying to read 300 text books that aren't practical or relevant.
Any responses would be appreciated.
Slim Sladey
Show me the money