Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1

Day Trading...Where do I start     

thesaurus - 25 May 2004 13:43

MightyMicro - 25 May 2004 23:06 - 16 of 16

A suggestion, no more than that.

Paper trade with City Index or Capital Spreads for a while. You can open a "dummy" account with these guys and they'll give you 10k of monopoly money to play with. See how you do for a few months. You can afford to frighten yourself this way (like using a flight simulator instead of trying it in a real airplane).

If you want to jump straight in, Finspreads will let you open an account and trade at 1p/point for the first 8 weeks (but you can't place stops on less than 50p/point, as I remember). This way you risk real money -- and that will affect your psychology -- but without risking much.

For spreadbetting, all these firms are OK.

Good luck -- and another thing -- only do it if you enjoy it.
  • Page:
  • 1
Register now or login to post to this thread.