e premte, 18 maj 2007

Instaquote

I have decided to use Instaquote software for downloading share info and updating daily trends. The software costs me R12,000.00 and there is a monthly charge of R155.00 for one download a day. I have registered with Deal Stream as my trader as they have a great product for placing shares directly into the market. My staring capital is R10,000.00 and I will be trading CFD'S, following the rules as laid out by Instaquote Natal.

I will follow these rules unemotionally to the T, and see how well they work. I have also registered for Specutip (a R200.00 per month) service that sends me a daily sms on shares that are trading within a set of parameters that form the rules.

So total cost for setting up a share trading business are R12,000.00 plus my capital of R10,000.00, and monthly costs are R355.00. I therefore need to make R355.00 per month to break even.

I will spend 30 minute a day on this business, reading up on CFD's, downloading Instaquote and deciding on my buys and sells.

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