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17/08/16
19:28
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Originally posted by voncee
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Jo it has come over the years. One day I went to the bank when I moved to Auss from england and asked if bank A can link my UK bank account to the aus one that I had just opened. They said NO as you need $200,000 in the bank for that to happen. I thought wow, how can I save that much. As someone who reads a lot, I read a book about where most money is made. I became brave and opened an account with commonwealth bank -- JUST A TRADING account (refused their card or any other account) and bought 2 stocks for $500 each as I thought that was too expensive for a minimum order. I soon realised I had to learn TA and read FA. Realised it was more than a full time job as there is a lot to learn. I have marked this day in my diary as at 0500hrs I was ringing the bank asking them to increase my pay anyone and BPAY limit to their max as I already have a token and topped up on certain stocks.
Some experiences in life are just there to motivate you and make you learn. I have learnt to be patient, not to panic and not fear. I learnt more about the ATO too and my accountant. If it was not because of that bank refusing to link up my accounts, I would not have become a successful full time trader by now. I am quite happy.
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Voncee can you help me learn TA and FA? I am working toward being a full time trader. Still so much to learn!!!! they say when you want to get somewhere, learn from people who are already there.