Quote from jason586:
I hope you are right. It took me 3 years to break 80 consistently, but I would literally hit thousands of range balls a week and play golf every moment I could continually going back to the basics Nicklaus outlined in "Golf My Way". In 1989 when I was in 9th grade, I wanted to figure out who was the best ever and what did he have to say about learning to play. I still go back to that video if I haven't played for a while or get in a funk. I have only played 3 times this year shooting 76 at a longer course and 73 and 72 at easier shorter courses. I became a ballroom dance instructor, too; nearly as difficult as golf to do well. It is difficult to control your movement and muscles to make something look just right instead of awkward.
Alright, back to studying trading.
Quote from cashmoney69:
IB (interactive brokers) has the lowest commissions, but I dont know about their other fees. Most brokers like IB have demo accounts that you can download..I've never been a big fan of IB's platform, but thats just me.
"Also, I guess it will depend on what style and markets I trade as to who I go with? "
Yes. If you were to go with a direct access broker (like Tradestation, Genesis, speedtrader, for day trading) you get great leverage intra-day, but they'd charge outragous interest rate fees for overnight holds, which makes these brokers BAD for swing/ position traders. IB is good, but also look at MB trading, Scottrade, and Charles Schwab.
Quote from stoked:
do you have any personal experience with scott trade? ima newbie and opened a account with ib. no problems but if theres a broker that you found had more benefits - like charts or research - for trading stocks and futures?
fwiw im in school and am not trying to make a living out of this at least yet. im just getting started and like to stay on top of the market and business news.
Quote from jimmygold:
You seem like a driven overacheiver !! Id say thats a great start to have in pursuing Trading.
Iam not a betting man but I would suspect you will be successful in trading.
Just be patient and know it will NOT come overnight. And learn thru trial and error as well as learning from other more experienced Traders.
Learn to let your winners run and be quick to cut your duds.
It only takes being right about 30% of the time if you have good money risk management. Thats no joke
Quote from AAAintheBeltway:
I would suggest you get all of William O'Neil's books. You may be able to get them free if you subscribe to Investors Daily. Two sites that used to have pretty decent educational materials were http://hardrightedge.com/ and http://www.lbrgroup.com/index.asp . I haven't read them lately but it appears they still have the educational material.
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