I've spent the past week reading this forum and I think I've picked up better advice and web links here than for the past two months since I discovered the world of online trading.
I opened a $10 000 demo account, did a few discretionary trades and made $1200 in a week thanks to beginner's luck. Then, thinking this was easy I promptly lost it the following week . Now I'm learning what indicators work for me and I'm trying to develop a (somewhat crude) strategy for any future trading I do.
I'm fortunate to have access to a professional trader who's only advice which he repeats to me A LOT is: risk management. He says forget about profits, concentrate on limiting risk.
Anyhow, this post is just to introduce myself and to compliment the forum members who generally seem to post quality reading material and great links.
I opened a $10 000 demo account, did a few discretionary trades and made $1200 in a week thanks to beginner's luck. Then, thinking this was easy I promptly lost it the following week . Now I'm learning what indicators work for me and I'm trying to develop a (somewhat crude) strategy for any future trading I do.
I'm fortunate to have access to a professional trader who's only advice which he repeats to me A LOT is: risk management. He says forget about profits, concentrate on limiting risk.
Anyhow, this post is just to introduce myself and to compliment the forum members who generally seem to post quality reading material and great links.