Thread: Share trading.
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Old 05-08-2007, 04:11 AM   #6 (permalink)
Uplift
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Join Date: Feb 2007
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Thanks again. And thanks for the actual direction in options advice (I hear what you said in your first post). It's more than I expected, and plenty for me to delve into. I did the dive in about four years ago, and at least had the sense, (or maybe just horror at watching my capital dissapear) to dive out. I realised I better learn some more, and learned enough to begin actual trading again, mostly in options on top 20-30 ASX shares (about 2 years ago) and to trade cautiously, and this time more successfully. As you so rightly point out, I also learned enough to realise that if you really want to make a reliable, good income, especially from options, that there is so much to learn and experience (unless you are starting with a huge amount of capital, which at least means you can avoid leverage, and can get away with lack of good timing). Finally, as I have a heap of books that I haven't found particularly good, could I ask for the titles of a few of the books you found good, particularly in the area of timing, and that are well presented? I also realise everyone has differing views and opinions on books and things, but as I have found it really difficult to find genuinely successful traders, I would be interested in your view. Much appreciated.
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