Sunday, October 31, 2010

Starting anew

This is a new venture for me.

I have been interested in trading shares since the crash in 2008. I have spent the past 2 years reading and learning all that I can on this subject. Is it possible to learn the art of trading from a book and actually make a profit? Of course many will say not, but I'm sure there are some people who have done just that.

After deciding to take the plunge and buy my first shares, I realised how difficult it is to find the right share to buy! So many websites are happy to advise, for a monthly fee of course, or there are the free sites which email you their recommendations, which on closer inspection, are actually advertisements!

So after more reading, chart drawing and practice trading, I am ready to begin. I have found the Darvas box method to work the best in my practice runs, so this is how I will start. I'm not going to start with heaps of cash either, just 1,000 dollars.

Id love to have some feed back on my choices, or if you have any advice, stories etc. So here begins my road to riches.....I hope!