Normal
FTW and CanOz. Yeah I have a fair idea of what I want. The end game would be to have a group of portfolios that either generate enough to live off to or form a substantial part of my income in the future. I enjoy watching the markets but don’t want to be tied to the computer all day every day. Ideally (this is likely to change as I am still learning so much at the moment) I would like to have something like a long term growth portfolio, a system/s based portfolio/s and a speculative portfolio to satisfy the gambler inside of me.So now I need to answer the question that you have put up Can Oz. I can rule out multiple strategies for now as I do not have a capital. So the question becomes which strategy do I start with that will allow me to have multiple strategies in the future?Springhill. Must not use sarcasim when typing, I was deinately not offended by what tech wrote. I enjoy his banter and look forward to learning enough I can have a comeback of my own.Qldfrog. Good stuff you have probably identified a few things that will save me money and time in the future. If I got lucky the first time with a punt it might have cost me years.To the conversation regarding gut feel, looks like I will have to do some serious self reflection. Although as soon as real money is in play it will probably blow all the nice little theories that I have out of the water.Peter you make some very good points and it sure seems my initial approach was wrong, or at best wrong for someone with experience and bankroll.TH and tech, I actually find your banter pretty entertaining so I take it all with a grain of salt, especially there are some nuggets of gold in there. Plus hopefully ill get to stage where I can reply with something equally as witty/smart assy.I have read many many of your posts and will continue to do so. I don’t think you will answer some of my question anyway but I am sure my answers will be in there somewhere.I would a reply to this one. If trading is a zero some game and if its not id love and explanation to how it is not. I would think it is more like 99.5% are losers?
FTW and CanOz. Yeah I have a fair idea of what I want. The end game would be to have a group of portfolios that either generate enough to live off to or form a substantial part of my income in the future. I enjoy watching the markets but don’t want to be tied to the computer all day every day. Ideally (this is likely to change as I am still learning so much at the moment) I would like to have something like a long term growth portfolio, a system/s based portfolio/s and a speculative portfolio to satisfy the gambler inside of me.
So now I need to answer the question that you have put up Can Oz. I can rule out multiple strategies for now as I do not have a capital. So the question becomes which strategy do I start with that will allow me to have multiple strategies in the future?
Springhill. Must not use sarcasim when typing, I was deinately not offended by what tech wrote. I enjoy his banter and look forward to learning enough I can have a comeback of my own.
Qldfrog. Good stuff you have probably identified a few things that will save me money and time in the future. If I got lucky the first time with a punt it might have cost me years.
To the conversation regarding gut feel, looks like I will have to do some serious self reflection. Although as soon as real money is in play it will probably blow all the nice little theories that I have out of the water.
Peter you make some very good points and it sure seems my initial approach was wrong, or at best wrong for someone with experience and bankroll.
TH and tech, I actually find your banter pretty entertaining so I take it all with a grain of salt, especially there are some nuggets of gold in there. Plus hopefully ill get to stage where I can reply with something equally as witty/smart assy.
I have read many many of your posts and will continue to do so. I don’t think you will answer some of my question anyway but I am sure my answers will be in there somewhere.
I would a reply to this one. If trading is a zero some game and if its not id love and explanation to how it is not. I would think it is more like 99.5% are losers?
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