NexusFi: Find Your Edge


Home Menu

 





Comments on "Where to start as a trader? Pt 1" Webinar


Discussion in Traders Hideout

Updated
    1. trending_up 1,486 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




Closed Thread
 
Search this Thread

Comments on "Where to start as a trader? Pt 1" Webinar

  #1 (permalink)
 techstocktrader 
Los Angeles, CA
 
Experience: None
Platform: N/A
Trading: Stocks Only
Posts: 20 since Jun 2012
Thanks Given: 7
Thanks Received: 5

I just viewed your YouTube webinar, "Where to start as a trader? (Part I: Instruments and Brokers)." I recently set up my TradeStation account. It's a simple cash account, not a margin enabled account, and set up for stocks only. The TS datafeed I am paying for is for stocks and stock indexes only. I just happened to get a special price for the platform and datafeed. I did not plan to trade anything else.

I had always planned to start in stocks, albeit very fast trading in stocks. While I have little experience in trading, I have already read all the books. I have previously used end-of-day software such as MetaStock to learn TA indicators. I have also custom built several computers over the years. The latest one is specifically meant for day trading:
Windows 7 64 Pro
Intel i7 870
16 GB RAM
1 TB HDD
4 monitors

Your webinar threw me a little. Because, even though the title states it's for beginners, you say to start trading in Forex or Futures with a preference for Forex. While I do know about stocks, their tickers, stock indexes, etc..., I know little about Forex except it is related to currencies. I always understood Forex and Futures to be highly risky and leveraged. This is what's so confusing.

I doubt I will contact TradeStation and make any changes to my account. I wouldn't want to trade Forex until I have at least a year's worth of experience. Besides, I don't want to rock the boat with TradeStation just yet perhaps even losing the special price I got.

Started this thread

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,536


The correct thread is here:



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal

Closed Thread



Last Updated on June 26, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts