I have spent the last year reading and learning all I can about the market. I am lucky enough that my current role allows me to keep up to date in regard to commodities, mining and resources. In particular I have taken a liking to Nick Radge's momentum trading material.
I have a CMC stockbroking account and now feel that it is time to actually do some conservative (strict stop loss, trailing loss etc) trading in the real world. My main dilemma is that I am not currently in a financial position to use any real money in the market (I am aware most momentum strategies require at least $10K+).
I do still however want to get my feet wet and practice in the real world with the intention of using $1500 understanding that I am not going to make any money doing this, but with the hope of not really losing much either (besides brokerage). Can anyone recommend any technical analysis strategies or ways to go about my stock picks?
All input's (positive and negative) appreciated - I realise many will say completely pointless etc, but this is an exercise to practice in the real world till I can invest large sums in coming years.