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Old 03-23-2008, 05:47 PM
NickTW NickTW is offline
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Join Date: Mar 2008
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Re: First Post, New Trader, Help Wanted!

Thanks for all the responses everyone. I've got to be honest - like the idea of testing the waters in swing/position trading more than waking up at ~3am every morning. Did a little research on Bulkowski - quite a few books by this guy, any you recommend to start with?

Also a few more questions:

1) What kind of starting capital would you recommend for this kind of trading? Fewer trades per week would seem to lessen the pain from commissions, but I assume you're going to have to trade larger positions with less leverage.

2) Any recommended reading specifically on this style of trading?

3) Until I jump in and do this with real money, any platforms you recommend for paper trading realistically?

4) I have an account with optionsXpress right now, and because I'm an employee of a FINRA member firm, I can't get real time quotes (15 minute delay). Will this be the case everywhere? Seems kind of silly.

Thanks in advance for any responses, sorry for all the questions!

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