Back in 2012 I went out on my own and started an IT firm. It’s been my goal for more than 10 years to start my own small business. My background is in providing small business IT Support. Before I went out of my own, I briefly worked as an Executive IT Support Analyst for a large insurance company.
While there, I provided IT support for the owner, executives and the trading floor which consisted of roughly 5 full-time traders and a couple of admins.
Back then I had no interest in learning how to trade nor any interest in what the traders on the floor were doing. It looked too complicated. I knew how to install Bloomberg on a PC and that was about it.
Looking at charts and numbers flashing red to green and vice-versa all day did not interest me in the slightest.
Being personally responsible for ensuring the executives and traders had access to the Internet and more importantly Bloomberg made me curious about trading, but not quite ready to learn a completely new profession. As I got back into working with small business owners, a pattern started to slowly unravel.
My wealthiest and smartest clients trade stocks.
But what does it all mean? How do you trade stocks? Where do you buy stocks? How much money do you need to get started? When is the right time to sell? How do you make money? Scratch that, how do you make real money?
I pride myself on being able to solve problems and learn new things. It’s what IT guys do! New clients call me on a regular basis that are having server or PC related issues that I have no idea how to resolve. I always take on the job because I know whatever the problem is, it can be resolved.
The information you need is out there. It’s your job to find it!
With my well-defined knowledge and experience searching the web, I decided it was finally time to learn more about the stock market. 3 weeks ago I knew absolutely nothing about buying or selling stocks.
Today I still have unanswered questions. Up to this point I’ve opened an account with E*Trade but have yet to trade anything.
My goal is to spend 2 months learning as much as possible before trading anything. I heard a wildly successful day trader say that it’s best to keep a journal of all your activity so you can go back and learn from your mistakes.
This website will serve as that journal and I plan to document all of my trading here. Every trade I make, every painful lesson learned and my rise to the top will be available daily for you to see.
I opened my E*Trade account and will slowly add more money as my confidence level rises. They say its best to start with $10,000 and only trade about 10% of that in any given trade. My goal is to start out with around $500.