Hi, Firstly compliments to ASF. The site is informative, supportive and Aussie honest. Trembling Hand you have my full attention. In particular I respect your values and insights.
I'm a teacher who started a small CFD account with IG Markets and a ASR subscription in Feb. after realising that the substantial bite out of my allocated pension fund (started Nov 2007) showed I had not a clue about markets and money and definitely, no control. "Stage one" means I've got about a hundred sites and an e-mail account full of newsletters and "hints"and success "strategies". I've also got lots of books and magazines. I'm swamped by the volume of input and yet totally absorbed by it. Nothing I've attempted previously has blended so many elements of analysis, psychology and real world effect. The "noise" will dissipate in time I hope.
So far, I often feel like I'm gambling and not surprisingly, I'm down a few hundred dollars. No biggie but gee it'd be nice to have that reversed . Death by a thousand cuts? Getting stopped out in that ten minute opening flurry happens quite a lot to me.
Here are some naive questions I hope you can answer though. What's a DOM and if I need one where can I get one? When I go back to work in July after long service leave I'm not going to be able to readily access trades in working hours. I'm thinking I should focus on learning FOREX. Should I be investing in some real time chart feeds or other tools?
Thanks anyway for all of the excellent information and links to date.