Trading Australian Shares

The market has changed, therefore our plans must adapt. See here what I think about it.

Note: By popular demand, as from Monday, 11 Feb, I will be putting my day trades on a table again. Link to the table

I would like to welcome you to my web site. I have been investing in shares for about 10 years now; it really was a combination of many hours of excitement, boredom, joy, disappointment, but most of all, learning. I can assure you, I am still learning.

Through this process I can say that I have come out a lot stronger, thanks to the inspiration and leadership of many other traders and investors who are out there and who have me allowed to model after. I thank all of them.

Now I am recounting my journey, as well as sharing with you, my friends, some of the shortcuts that I have discovered, as well as some of the lessons I have learned. Learning should never stop, especially in our chosen field. The market is in a continuous state of flux, expansion and change.

If you are reading this because you have been told by people that share trading is a fast and easy way to make money, you will probably bi in for a disappointment. Share trading is a skill that needs to be learnt and experienced. It can not be learned overnight. There are a lot of traders out there who made it big, but there are many more who have given up in despair.

What I can promise you is this: If you set up a good trading plan, are willing to learn and keep on learning, you will be able to succeed.

There are many pages on my web site designed to help you with various facets of share trading. Explore them and learn from them. I will regularly update this site, I also welcome your suggestions via email.

You also need to learn how to control and manage your stress, how to set out and achieve goals and how to manage your finances. I will endeavour to cover all these areas and make available to you a number of specific courses in relevant fields. However you must put in the effort and will to learn, as well as having the ambition and endurance to succeed. I am really trying to teach you to be a person who is able to master a number of skills, all related to your chosen field - the field of creating an income by investing and/or trading in shares.

As I put this web site together, I assumed you have some experience using computers and accessing the internet, but you may be a beginner as far as investing and share trading is concerned.

This website is constructed for someone who wishes to earn some income from the share market, be it just to get better than bank interest or to supplement your normal income from a full time job. You may even want to go further and become a full time trader. The choice is yours.

This web site is made up of a number of pages, each page dedicated to a different, although related topic. For each topic you have a link provided to take you to the relevant page. The topics include:

Long term investing

Medium term trading

Trading contracts for difference (CFD)

The psychology of share trading

Goal setting

Money Management

Resources to help you to find relevant information on the web

A contact page to email me with any questions you may have. ejk@tradingaustralianshares.com

My ultimate goal for this web site is not to teach you just what you need to know to be a share trader or investor, rather I want this site to teach you to be a successful one.

To get the most out of this site, I suggest you explore everything you can find on the subject, use the resources I placed on the resource page and start trading.

What you will need:

To be an effective share trader, you will need a computer, reliable internet access, a spreadsheet application like Excel, access to a good charting software, some starting capital which should be only reserved for trading and of most of all, the ambition and enthusiasm to learn.