"Who Else Wants to Learn to Trade the Market?"
Not everyone is cut-out to trade financial markets but the rewards are plenty for those willing to give it a go.
Firstly, you need instruction followed by application of the knowledge and skills you learn and finally you need a trading account and a broker who can take your orders.
The order in which you learn to play this game is very important. Jumping in with your money is not recommended. I have a personal lesson for anyone who wants to keep what they make and profit from trading - the link is below:
http://www.tutorhelp.com.au/sharemarket.html
Now where do you get your instruction - well now there are many choices. Would you like to teach yourself or do some courses? I recommend both approaches. Here is a list of programs for the beginning trader and other resources to consider. Learning from an experienced trader makes a lot of sense - don't you think?
Beginners =========================
World's Greatest Trading Experts Provide Shortcuts To Success Learn From 154 Expert Traders In Your Own Home http://tinyurl.com/d8kml
*"The Way to Trade" http://tinyurl.com/2fgrv
*"Trading For Beginners" http://tinyurl.com/55xcc
*"Trading Secrets Revealed" http://tinyurl.com/4xml6"
*"Beating the Trend" http://tinyurl.com/4lkqp
Traders ==========================
Learn how to use the SAME SYSTEMS that make TRADER'S SUCCESSFUL:
*Learn a Simple System YOU can use to TRADE: http://tinyurl.com/3oolx
*The Double Thrust Stock Trading System http://hop.clickbank.net/?tutorx0007/dtsystem
*Amazing Trading Plans http://www.tutorhelp.com.au/profits.html
*Tactical Trend Trading" A system using 4 moving averages to enter and exit your trades. http://tinyurl.com/965yf
* "How To Trade The Futures Market" http://tinyurl.com/2rcxz
*The CD Package That Shows You How to Predict Tops and Bottoms Using Fobonacci: http://tinyurl.com/axgoz
Next let's choose a market: "stocks"; foreign exchange; options; commodities; or indexes. As you can see you have a few choices.
I think you should choose stocks and go from there. Stocks are easier to track and easier to understand. You buy or sell small numbers and you use a stop loss so in case you make the wrong decision you are rescued and you're out of the trade.
Now just pick one stock and make that your special trading stock to try out your trading ideas. You will do what's called paper trading. While you're learning you don't need to put any money in the market.
Try buying and selling your stock on paper until you are having profitable trades and create the set of rules for your buying and selling. Each of the programs in the list will help you learn how to manage the trade and give you plenty of help in managing your money.
The important concept you will discover is:
"MINIMIZE YOUR RISK".
About the author: Joseph Sgro writes THE 10 Simple Rules Ezine and you can find more trading information by using the links. Visit the BLOG: http://tutorhelpcomau.blogspot.com
To be on the mailing list send a blank email to: trading_success@freeautobot.com
Copyright (C) 2005 Joseph Sgro
