Business Plan - I Will Start Low
Lowtrade,
Thank you for your insightful response to my earlier post; I appreciate the excellent advice.
In my particular situation, I will be starting with around $2000 of open capital in my E*Trade account. I will also be taking a lower loss ratio than 1/2 the expected gains until I can build my open funds to around $3000.
With the gained $3000, I will be more willing to open my loss ratio.
Right now, my primary goal is simple. I would like to make around $250 to $300 a month in order to help cover my health insurance costs. If I can do this, my incoming unemployment should hold me until I find another job.
This being said, I have thought for some time how useful it could be to make a secondary income from what you do and do so well. If I became skilled enough, it might even become a full-time move but I know that is likely years or so in the future.
I am going to create a spreadsheet to help with the numbers and try to refresh my basic TA knowledge base. I think reviewing some of your key posts is also in line here.
I will keep everyone updated.
Once again, thank you.
White Cobra
News 
Market Data 
Discover 
