Where Can I Learn How To Trade Stocks For Beginners?
Novice who learn the basic knowledge of stock trading will have many high-quality educational resources. It’s like learning to ride a bike. Trial, error, and persistence lead to success. The advantage of stock trading is that it can last a lifetime. Investors have spent years supplementing their expertise, and 20 years of creativity is being used.
Where can I learn how to trade stocks for beginners?
- YouTube Video
The Internet makes self-education easier. Now you can watch YouTube videos for free and learn all the technologies. If you are not a financial, commercial or corporate family member, you may not know the language of the stock market, such as stock dividends, market price, etc. There are thousands of stock related YouTube channels, including my own “YouTube” channel; closing of transaction;.
- Books
Stock trading can be challenging for beginners, but if you have useful books, you won’t get lost. These are the best stock trading books for beginners.
- Matthew R. Kratter’s Stock Market Launch Guide:
The first few chapters of this book illustrate all the basic concepts you need to know to learn this topic. Through simple analogy, the author explains many useful strategies to beginners and warns them that they are easy to fall into traps. Although this sound card is 1 hour and 42 minutes long, I must listen to more than a few pictures to fully understand what happened. If you have a physical copy of this book, some chapters with more abbreviations will be easier to understand.
In general, this is a quick and easy way to learn how to trade stocks.
- Benjamin Graham’s Smart Investor:
“Smart investors”; this is one of the best stock trading books written by Benjamin Graham, a professor at Warren Buffett University in 1949.
Its insight helps investors follow Graham’s views; value investment “; long-term mentality technology protects the product portfolio when others trade and take risks. Successful investment is not the fluctuation of the market, but to check the fundamentals of the company. For 70 years, this book has been the favorite resource for investors pursuing long-term investment success.
- “Ways to make money from stocks”, written by William O’Neill:
The book’s sales and success are self-evident” “How to make money from stocks” is a national best seller that helps investors minimize risks and maximize returns. This book contains methods for finding winners’ stocks before stock prices rise. Provide ideas for getting the most out of stocks, mutual funds, and ETFs. This book explains 21 mistakes made by investors.
Stock market books are great works. Neil’s CANSLIM method made him a billionaire, showing how the stock market is passive, minority and used by external investors. Neil’s 80/20 strategy is based on the use of unique measurement and technology, with 20% effort to achieve 80% success. Its trading advice is timeless. This is essential for wealthy investors.
- Investopedia(website and transaction process)
Investopedia Academy provides transactions, investments, cryptocurrencies, personal finance and Excel for financial processes. The website offers free online trading courses for a fee.
Investopedia’s education department aims to help traders and investors master financial technology. The self process offers a 30 day money back guarantee and lifetime membership. Learners do not need a financial background.
- Find a mentor
A mentor can be someone who has relatives, friends, colleagues, lecturers or stock market knowledge. When the market is depressed, an excellent tutor answers questions, provides help, recommends resources, and improves morale. All successful investors have mentors. My mentor is Zed Monopoly. In addition, he also cooperates with fund accounts to operate fund trading account services with trading schools. I will leave details in the resource box at the end of the article.
- Learning through internship(trading account simulation)
The first trader may not know what to expect, how to complete the transaction, and when to buy or sell. Some things can be learned in the process of reading, but others must be experienced. Some platforms have introduced simulated transactions. In essence, they are a platform for displaying transactions.
With the demo platform, you can view the look and feel of the platform and how it works before investing. Their aim is to teach the stock market to trade without risking real money. With a simulated account, you can try a variety of trading methods and create your own style without using actual funds. I will leave details about the trading platform that provides simulation accounts in the resource box.
- Focus on the stock market
Beginners should check CNN and MarketWatch. The Wall Street Journal and Bloomberg provided in-depth reports. Read the topic of the stock market every day, and you will learn the economic model, third-party analysis and financial language. Yahoo Financial stock quotes can be used to monitor stock charts, read news headlines, and check basic statistics.
CBS is the most popular stock market TV channel. 15 minutes a day will expand your understanding. Don’t be frightened by the wording or manner of the news. Just watch and listen. Investing in TV programs is not so much a substantial help as a source of distraction and stimulation, but you should know that recommendations rarely bring benefits.
