Well fellow ASFers I have decided to decribe the scenario in which I find myself .I have done this for two reasons firstly so that some of the wiser and more experienced can offer constructive advise/ comments and also to show some of the newbies some of the possible steps that can be taken on the long road to trading success.
Firstly some history I have being trading part time for two years but have owned shares since 2001.I have traded CFDS and blown two accounts 10K each time.
Education:I have most of the popular trading books of which I have read I have subscribed to a Australian Stock Report I am nearly finished a diploma course in share trading,I am a member of the ATAA and went to this years conference.I have done a few other small workshops.I have Amibroker and Howard Bandys books and some other trading software.
Present Situation:After owning my own business for 20years I had to close it down due to financial and health reasons.
I am from the 01/01/2010 devoting myself to the study and mastery of the market.
I have 12k to trade with but no more if I lose that money I will find it very difficult if not impossible to get more due to my disability.
I don't need an income for at least the next two years
I feel that I would like to start swing trading at first,hourly or daily chart probably in a couple of months after more study . I like some Gann but not too keen on indicators my study so far has steered me towards a more classical T/A approach.I am really interested in amibroker and Howard Bandy's books.