I am currently reading "The business of share trading" by Leon Wilson. So far it looks to be an excellent book.
Here is my dilemma:
I am much more attracted to trading something with the ability to go long and short, and trading intra day. (This book is not about that, but I figure any knowledge is good to have and it seems like a good starting point)
The general advice in this book and that I have found other places is; Start with stocks first, then when you are experienced move onto the derivatives.
From my (limited) experience so far, it seems to be easier to pick short term trends and with money/risk management in place it seems intra day trading would be the least risky. This however is contrary to most advice I have come across.
So, in your opinion, is starting with derivatives and intra day trading a no no until you are an experienced stock trader?
Or can it be done if you have made the proper preparations?
For example, demo trading for a long time, starting with a mini account, gaining a comprehensive knowledge of everything involved through research, risk management etc...
Are there any forum members here who started off with derivatives?