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Showing results for tags 'newb'.
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Hi! This will be a thread where people can discuss their hopes and dreams and fears about trading full-time or part-time, but either way trading for real. There are many considerations a wannabe trader must take into account before trading live and many of those will likely be missed or overlooked understandably by someone new to the business. Some will be breakers like account size, some will be obstacles like investigating which product may suit you and your trading. If this thread can be a source of knowledge and be an eye opener to what may be involved in beginning to trade then it's goal will have been achieved. It'd be great to get some posts from new traders here to see some of the hurdles you have had to overcome or even problems which have prevented you from trading completely. Looking forward to sharing your experiences. Cheers, TheNegotiator.
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Hi everyone, I'm Nick and I'm a newb. I am starting out and would like to trade equities using a mix of technical/fundamental analysis. I've heard that the US markets are much cheaper that the UK markets for starters because of the structure of the brokerage fees? Am I right in the thinking the UK brokers charge a flat fee of around £10-£15 per trade? If so, compared to the 1c per share cost of American brokers I am leaning towards starting out over there while my volume is still low. I don't like the idea of having to jump 1.5-3%% just to recover the cost of the trade! How does this affect tax, currency conversions etc - can anyone help me out? What are the advantages of starting out in the UK? Thanks!
