A Traging Apprenticeship %

shaken not stirred imo

With those qualifications, stick to Nailed On certs.

make sure you look after your bank otherwise it will varnish without a trace

dont trade when hammered

The Second Coming?

They say discipling is the key wedged.

Ha de ha. come on boys its a serious question. if I wanted banter I'd go on the football forum

some kind soul please tell me what sould be the books to study or the courses to do.

seriously do the long hard hours, Like the knowledge in taxi driving, get on your mopped and travel round the markets

I can tell you in 100% seriousness that you're better off not doing a course and using the money to learn the hard way.

That in itself won't be enough, you have to be honest with yourself and put in the long hours as brendan says. LONG hours. Until one day, you'll think "Wait a minute... nobody seems to realise that........."

and then you work your nuts off working out if there's an edge there or not.

buy a bigger chair - you'll soon grow into it

take the day off ..read every thread as poss on general betting ,
will find i think ..make you think outside the box hopefully ,
then either pay on paper or min stakes...that way mistakes wont cost you loads ,
and you will make misstakes...which can wipe you OUT !
never bet your whole bank on a bet..even if you consider it a
cert..lol
in fact set yourself stake % limit of your bank ,
remember an apprentice has to work hard at first to learn , to earn next to nothing ..but if you keep at it you will find an angle you like

To Learn to trade: Practice Practice Practice


Set aside a bank of £1000, these are your tuition fees, spend them wisely.

Draw down your tuition fees in £50 'banks' and then trade within the remit of the Bank, I.E. with a £50 bank you should only be risking £2 or £3 per trade.

trade lots and lots and try and learn as much as you can as cheaply as you can.
At the end of each session, sit and reflect on your days bets. Keep some sort of diary, vent your anger and elation into this diary as it useful to recollect your mood 1,2,6 months later when you read it back and try and understand why you won or lost.

do not top up the £50 bank until it is down to £10-£15

trade alot, learn what your weaknesses and strengths are, trade alot, learn what works and what doesn't, trade alot.


You will probably get demotivated about what small profits are achievable with £2 or £3 trades, tough chit! your aim is to become a profitable trader in the long term, not to win £10-£50-£500 today. focus on your goal
What is your goal ? if its to become a long term trader then do what it takes.
FOCUS ON THE GOAL, put the battle of the immediate bet into perspective, its insignificant compared to the size of the war you're trying to win. focus on the war.


If you want it enough and realise it takes effort to learn and if you're then prepared to put in that effort and pay your tuition fees wisely then you stand a chance.


Make a plan, stick to the plan, after a few months allow yourself the luxury of revising the plan in the light of what you have learnt.


Make a plan.


When I decided to become a day trader on the Dow Jones I started off with 50 bets a day just to find out what worked and what didn't eventually that whittled down to about 4 good bets a week.
I made a plan and tried to get my education as cheaply as possible, I'm human, I made mistakes, we all make mistakes, its about how quickly you can learn from them.


Best of luck with it

If you make a plan and then realise you are not sticking to the plan ask yourself why ?

make another plan, If you fail to stick to that one then ask yourself why ?

repeat, and repeat until you either stick to the plan or you come to the realisation that you do not have what it takes to make a plan and stick to it and hence do not have what it takes to go after something you want in life or do not want it enough to make it happen.

if you do stick to the plan of becoming a trader then you will learn more about yourself ( and other people ) than you ever thought possible.

Are you listening to yourselves?

The OP says he wants to be a day trader...like James Bond

The guy doesn't have a clue of what trading even means and you're wasting your time giving him advice? He wants a book that tells him how to make 250k a year.

Easy peasy eh?

Selkirk... you are the biggest knobb i have seen tonight.

Ok I'll indulge you.

Explain your thinking.

don't flatter yourself... you couldn't understand this level of thinking.

As I thought, you have absolutely nothing to say

Read the OP's post again and then read the replies.

Some of you are so deluded on this forum it's hilarious.

i am the OP... d!ckhead!!!

I'd like to do a trading apprenticesip. (sic) How would I go about this ? I've been on here long enough laying and that but I've allways (sic) wanted to just trade professionly.(sic) Day trading... or whatever they call it.. pure like james bond.

hey selkirk ..i think what bung it on should of said ,
impess youth who asked the question probally got more from the positive thread by escapee , than your comments...unless you have something usefull to add ?

some kind soul please tell me what sould be the books to study or the courses to do.

i know a good book for you selkirk ,
its called "  never ask for adsvise as people take the pi55 "

Oh come on gib. I appreciate your reply was given in good faith but really, you were wasting your time.

yeah maybe ,
depends why you come to the forums i guess ,
i dont come here to make friends ,
i like a laugh but not that either ,
i pretty busy so its not killing time ,
i hope that i might pick up something usefull ..give me new ideas etc ,
of course if you been doing it a while its hard to get much out of it ,
but i like to think i can always improve ,
but for beginners its a great place to start ..im sure if you wanted to might inspire someone to improve themselves ...

brendanuk1 Joined: 12 Jan 02
Replies: 10357 24 Sep 10 00:48   


dont trade when hammered 
BEST ADVICE YOU CAN BE GIVEN IS BRENDANS......EASILY MY BIGGEST LOSING FAULT.....drunk/invincible/chase/lose....

test

thanks for the good advice. its pretty much what ive been thinking, that i'd have to invest and learn by myself. i suppose i wanted book and course titles to refer to but i realise that the forum is probobly the best reference of all.

also your a dickhead selkirk

I don't think so.

Be sure to give us plenty of updates kid

but i realise that the forum is probobly the best reference of all.

So OP, you want to do a "TRAGING" apprenticeship and become a "trager". You need to use "The Trager approach", check it out at

http://www.trager.com/approach.html

This approach to traging is the only quick way to learn how to become a trager. You'll learn all the shortcuts and tricks needed to be the next James Bond of the traging world.

Much Love, Terry Tibbs.

trading is pretty straight forward so lots of practice is all you need and keep one eye on the little subtleties after a while they will become bigger

then figure out what available markets within a sport feel more natural to you and have proven to be more profitable (you'll need quite a big sample until you can be sure that you have an edge or not)

use small stakes but use enough to make you feel the loss/greed factor (get used to the fear/confidence aspect of trading), do this so that you dont pick up bad habits that will cost you later (no paper trading)

if you want books look for those dealing with trading psychology, probably written with the stock exchange in mind but work as good here

for the most part i agree with "Escapeee", but these are only some general guidelines the rest is up to you

and be prepared for a long lonely journey

good luck [;)]

Thank you

very much, I knew some forumites would be helpfull and fair play. Im looking forward to my apprenticeship and hopefully it will work out, whatever happens it was nice to read good honest points. I also see that from the thread title I can barely spell trading so heres to a lonely and confusing but ultimately profitable enough to make it to tescos once a forthnight first few years. yeee haw

Oh and sellkirk shuck my balls

Yesh Mish Moneypenny.

Please, do keep us up to date.

Just wondering how this is going.

He'll tell you when he gets back from his date with Anna Chapman.

"...pure like James Bond..."

And to think some said I was wrong to question people replying to him.