Hi all, very professional site and I hope to learn much from experienced members.
Found myself at 52 unemployed for more than a year, despite being an economist with an MBA. That's Cairns for you though and I am not inclined to move out of the tropics just so can get a job. Instead, I mow lawns and do garden tidy ups for people - pays the rent and more too. I have a reasonable govt pension coming, but it's still 5 years away and not sure I have the stamina at my age to keep going, so looking for a 'job' I can do at home.
I have written two novels which are to be published first in the States over the next 12 months, but I am realistic enough to know that my chances of being the next Lee Childs are low - but you never know. Even so, I am looking at around 12 months to get that first royalty cheque.
Have a small windfall coming and want to spend the large amount of time I have learning how to trade futures using a stop loss to minimise risk. I worked briefly in the capital markets in the 90s, so I know what a futures contract is their role in hedging and for speculation. But, I wouldn't profess for a moment to think I know how to go into this sort of venture with any degree of confidence. Need to do a lot of research first and I know how a good forum can assist people to learn and I'm willing to share my experiences with you all.
Can anyone recommend a good broker firm and platform to start?
Is $10k enough to get me started?
Thanks in advance