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In real estate investing someone once said, "look at 100
properties" and you will know and understand the market".
You could make a similar assumption in trading; "Make 100
trades and you will know and understand the market".
If you wish to make it more challenging you could devise a
short term low risk strategy and move the number of trades up to 1000.
Certainly, by that time you will know a lot more about what
rate of return you can expect to achieve; and whether you will be able to
operate at a profit in the long run over different kinds of market
conditions
Amibroker software should be sufficient for your needs. You
should have a good high speed cable or DSL connection and a high refresh rate
bright LCD monitor (17" BenQ 767 16ms 1280/1024 or better).
Try not to load yourself with too much heavy equipment.
Think of making your own AMD or P4 processor unit using one of the new SFF small
form factor aluminum cases so that you can easily move about, in case you have
to relocate to get the proper line connection. Use cordless optical mouse
and keyboard. If you need another monitor you add another BenQ and run them
off a Matrox 450 dual AGP card. Save your ISP outlet for an M - Audio Rev. 7.1
sound card and a B stock AEGO 2 speaker system so you can listen to some serious
chamber music after trading and study hours.
The BioStar iDeq 200 N aluminum case w/ SFF MB will make up
such a system with Athlon XP processors; including a dual WD 36G Raptor 10,000
rpm 6 ms internal RAID 0 system with connections for back up drives.
Welcome & enjoy.
MR
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=tf_rockfort@xxxxxxxxxxxx
href="">tf_rockfort
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, March 04, 2004 4:46
PM
Subject: [amibroker] Help for an aspiring
Trader
Hello List ,I'm at a cross path and would like to
choose trading as a career.Attending a course on Finance and Trading but I
do have lots ofquestions on mind and bit cynical about the whole thing.
Having gonethough many trading programs, I find AmiBroker a good bet to
startwith. But I'm also looking to all other programs, but too many
toevaluate.But the question is, how should one go
about.How do I start ?What all should I know ?How much do I
need to have to start trading ?What are the benefits or short comes
?How rewarding is it ?How much of technical analysis is helpful in
trading ?Trading is very risky - is it a myth or reality
?Basically, I want to know a lot and hope some well wisher in this
listwould answer my questions. If someone could point me to
rightresources, in terms of free books, courses, etc. it would be
veryuseful.I did saw a nice note in stockcharts.com and want to
know some goodteaching matrial.Can the list please help me ?
I'm sure there will be many seasonedand well experienced traders in this
list and could spare few mins toguide me.Thank a lot in
advance.RegardsRobertSend
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