I have to admit that, despite my initial enthusiasm, it has been slow getting started down this road. There has been a lot of housekeeping stuff to take care of. I was saving for a new computer, so that I could do this effectively. Racking up consumer debt would be a move backwards.
While it is easy for me to get excited about getting computer, I have to admit, I showed some good restraint on this one. I didn't buy the top of the line or any fancy upgrades. It's a nice Apple iMac, and that will do just fine. It's pretty sexy actually. The laptop its replacing was manufactured in 1999. It still does a decent job on a lot of things, but it was not up to supporting this endeavor.
After setting up the computer, I decided to get some financial software and start learning. Today, I created an account at thinkorswim.com and downloaded their Paper Money trading software. I wouldn't go out to sea without knowing how to rig my boat, so this will give me the opportunity to learn and practice. I heard about it at an Investools seminar last fall that was put on my Success Magazine. It's a pretty impressive software package and will allow me to practice trading and learn my way around things before I set out to sea. The downside of the software is that its really powerful, so it has a lot of really complex features for professional traders. It can be a little overwhelming.
Oh, and I'm not sponsored by any of the companies listed above. I promise you that, if any money is changing hands here, it's my money.
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