3 ms·
This is a fun game and is very challenging. If you apply yourself you can be successful. I would highly suggest picking up the book, Trading and Exchanges: Mar
by lrm242 16y ago
This is a fun game and is very challenging. If you apply yourself you can be successful.
I would highly suggest picking up the book, Trading and Exchanges: Market Microstructure for Practitioners (http://www.amazon.com/dp/0195144708 http://www.amazon.com/dp/0195144708) by Larry Harris. To trade effectively you need to understand how the markets work and this book provides and outstanding tour through the markets, who participates in them, and why they do or don't make money.
There are innumerable ways to make money in the markets. Long term, short term, technical or fundamental, with retail platforms like Ninja or going very sophisticated and connecting directly to an exchange like NASDAQ using native protocols like ITCH and OUCH. Don't let naysayers distract you from your goal--for every naysayer there is always a counter point.
If you want some motivation, read through this IamA at reddit: http://www.reddit.com/r/IAmA/comments/9s9d7/iama_100_automated_independent_retail_trader_i/ http://www.reddit.com/r/IAmA/comments/9s9d7/iama_100_automat...