Info!! An Introduction To Trading

Dear Readers,

A lilliputian over xxx years ago, I placed my firstly merchandise inwards the fiscal markets. With alone a lilliputian over $2500 inwards my account--my companionship stipend every bit a graduate pupil inwards psychology covered my basic living expenses--I traded 100 shares of stock inwards an seek to larn the ropes. Back then, I taught myself to read fiscal statements too to pick out companies amongst practiced earnings. (Value Line was a favorite resource). I taught myself some rudimentary technical analysis too began next the locomote of Joseph Granville inwards an seek to larn marketplace timing. Many of my basic ideas close trading tin forcefulness out live traced dorsum to those early on days of learning the ropes.

So forthwith hither I am 3 decades later, finishing my 3rd majority on trading too working amongst trading firms on 3 continents. I've written over 1700 posts for this weblog solitary too blasted over 3300 Twitter messages. It's been a fun ride, tracking the psychology of traders too the psychology of markets. But forthwith it's fourth dimension for other challenges. I'm developing too testing a trading system, amongst plans of going alive inside the month. If that industrial plant out, I'll live developing related systems, amongst the aim of trading a handbasket of ETFs across dissimilar property classes--a form of personal hedge fund. I await forrard to sharing those findings online.

As I prepare these systems, I've had to mean value too rethink my ideas on trading too markets. It's ever salubrious to examine assumptions too clarify your logic. There are therefore many to a greater extent than resources available to traders too investors today than xxx years ago: to a greater extent than books, to a greater extent than seminars, and--of course--the online medium. Despite the alluvion of material, however, I'm non certain that the guides for kickoff traders are whatsoever improve forthwith than they were when I was a graduate student. And many of the decent guides out at that topographic point are good beyond affordability for someone who is inwards the province of affairs that I faced during my earliest stage of learning.

So I'll live starting a novel serial of posts on this weblog too aggregating them on my trading omnibus site. The posts volition live on the unproblematic theme of "An Introduction to Trading". My goal volition live to explain, every bit best I can, my approach to markets too my agreement of them. Over time, these posts volition accumulate too conk a costless electronic majority that explains trading for novel too developing traders. There volition live no hype, no promises of get-rich-quick, no pretenses to guru status, too no sales of coaching or seminar services. I'll merely part what I've learned over xxx years. Readers volition live costless to comment too add together to the posts too link other resources, therefore that the majority tin forcefulness out live a genuinely collaborative effort. Over time, I'll illustrate principles from the majority amongst examples from the electrical flow markets.

As a graduate student, I would bring loved to bring read a primer on trading that explained too illustrated basic concepts, emphasizing patterns too principles of provide too demand. Thirty years later, I'm getting roughly to writing the text every bit a wholly online, Web 2.0 production. I await forrard to this novel challenge. Thanks every bit ever for your involvement too support--

Brett