Posted by: eminitrader December 23, 2006
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Take a look at emini, if you can trade during regular US trading hours. You can get more information at www.cme.com. I would stay away from forex, they are more like a bucket shop deal.
Every SP emini is worth $50 and trades in $0.25 increments. If you make 4 pts a day that is $200 profit, where as if you lose 4 pts a day it is $ 200 loss.
If you guys want to discuss strategies and how to trade and devlope trading systems, I will be more than willing to share(not everything but more than necessary). If you are a complete newbie and want to learn about markets, get some books from your local library and understand the terms.
Here are some of the books to start.
Reminiscenses of a Stock Operator,
Market Wizards 1,2,3
How I trade for a Living by Gary Smith
How I made 2 million dollars by Darvas
Trading for a Living by Elder (this is for basic understanding of the technical analysis that people use)
Later