Australian (ASX) Stock Market Forum

Some questions about Technical Analysis

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13 October 2010
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Hi there,

I hope you kind ppl can iron out a few things for me regarding technical analysis.

1/ What is a reasonable bankroll to begin short term trading with?

2/ Given the necessary knowledge and experience what is a reasonable average annual ROC from short term traders?

3/ Technical analysis almost seems like a dark art to me (why im so intrigued), where is a good place to start with education? either online or book recommendation

4/ How worthwhile is getting a degree related to trading and investment

5/ What is the best way to find stocks on the asx or internationally. So far i'v been using incredible charts, is this adequate?

Thanks
 
I hope you kind ppl can iron out a few things for me regarding technical analysis.

1/ What is a reasonable bankroll to begin short term trading with?
Contrary to what people say I don't believe more is better. Most ppl blow their first account anyway so no point giving away a large amount. I'd say 10~20k for stocks.


2/ Given the necessary knowledge and experience what is a reasonable average annual ROC from short term traders?
15+%PA, p/l is very variable

3/ Technical analysis almost seems like a dark art to me (why im so intrigued), where is a good place to start with education? either online or book recommendation
Lots of free stuff online thats just as good

4/ How worthwhile is getting a degree related to trading and investment
Don't really think such a thing exists

5/ What is the best way to find stocks on the asx or internationally. So far i'v been using incredible charts, is this adequate?
Plenty of sources out there. Imo too many people try to save $50 or $100 a month on good data, which ends up costing them 10 or 100times more

Thanks
 
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