This is my first post - I am not in the market yet, but I am currently getting myself educated so I am ready to invest. I am uncovering topic after topic ( seems to be a never ending road!), and from the research I have conducted so far it seems like you really have to know what you are doing to survive. It looks tough but rewarding, like anything in life I think.
Lately I have been studying money management, things like the 2% rule, position sizing, portfolio weighting etc. From my research it appears necessary to have some sort of trade tracking/recording system that can aid in good money management. I have read of some people using a fairly simple excel spreadsheet, but then I came across reliksoftware.com. Has anyone used this, and if so, what are your thoughts on it?
Much appreciated. Looking forward to further correspondence in the future.