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Los Angeles, CA
Experience: None
Platform: N/A
Trading: Stocks Only
Posts: 20 since Jun 2012
Thanks Given: 7
Thanks Received: 5
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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.
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