Nkay....

Here's my journal..... feel free to comment, though please remember that I am writing for myself.

Seriously..... advice is welcomed as I am a rank beginner.

So heres the outline....

I got interested in trading about six weeks ago, stumbling onto a spread betting site [b][b]trawling poker sites. Looked interesting and blew $50 bucks over a couple of weeks on binarys betting. Since then i have been paper trading CFDs and having a look at a few platforms namely IG and CFC.

I decided to make $1000 available in ninety days time, as long as I demonstrated discipline by establishing a solid health and fitness routine over the ninety days. This is to leverage me into exercise and weight loss by adding a reward.

Since then i have opened a new account with the bank, and that money when I get it will sit there until i have a system that I feel confident with.

Q1 What are my goals?

Financial

I am not into money in a big way and have no desire to be massively wealthy. I am starting a business as a psychotherapist, and i do not want to be dependent on that alone for money, as i only want to work with clients i genuinely believe i can help. I am at present financially secure and have some concerns about retirement income in 20 yrs time.

1. Have the skill to make a small income that I can earn anywhere anytime, By small I mean $100 - 200 a week.

2. Make money so that in the next couple of years I can invest in some stocks, and make money through the 2011-12 raging bull market.

3. Make money to cover some special improvements on our house.

Psychological

Background Myers Briggs ENTP, Ennegram Type 4, Libra/Scorpio

1. Develop ongoing self discipline.

2. Use trading as a mirror to gain self knowledge.

3. Prove to myself and others that I can succeed.

4. Outlet for the competitive side of my personality.

Intellectual

I have had a lot of success in intellectual pursuits ie theology, psychotherapy, philosophy. All of these have been meaning based rather than method based. I want a test that has a really clear scorecard.

1. Have an avenue for ongoing intellectual stimulation.

- developing trading methodology
- following global economic trends
- contextualising politics in economics
- simple computer programming

Social

I really enjoy learning things as a way of meeting people. As I am isolated online works well.

1. Continue to explore my social learning style.

2. Use learning trading as a learning about learning experience.

Lifestyle

1. Income stream that allows me to live overseas for periods of time.

2. Income stream that allows me time and space to grow food for my family.

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Cheers