Originally Posted by
outspoken
Thanks Shasta
I've come across most of what you've said in the articles, books, internet i've read so far. Discipline being stressed again and again. Something else that's very common is that every traders style is different depending on a multitude of factors.
I've worked hard my whole life manually and mentally, for myself and for others and I've been taken for a ride by people, companies I trusted. Now I've decided I will just do it myself. Who else can I blame then?
I'm still working, this is enough to support myself and squirrel some more into a trading account each month. I have close to $10,000 to start with. I'm self employed now so my time is my own to manage.
I'll work for awhile longer yet while I learn but eventually I'd like to trade full time. Drawing an income is not required while I'm still working but if I can produce consistent results I'll review that. As far as time frame/goals goes I'll take as long as it takes (probably years) to go full time. Losing my starting Capital is not the desired outcome but I understand it happens, A good (disciplined)money management system should help prevent this.
I'm very aware of macro economic events in the World, I believe that through Fiat based money systems and fractional reserve banking we are all being played. The environment and resources are being depleted to fuel consumerism and this is unsustainable. The Federal reserve is a farce and therefore benefits the few uber wealthy.
Knowing how to play the game is what brought me to trading.
At the moment I'm more interested in Forex, Commodities, Futures, Indicies. Don't know much about fundamental analysis for shares, but I've read alot of material on TA (got some awesome material just today actually from a ST member)
Thanks for your well considered point of view and advice I appreciate it, This forum has and continues to be invaluable.
Do you have any other valuable reading? or suggestions?