When I first started to trade stocks I had no idea what I was doing and I went in head first into trading. The first thing I did before trading stocks was watch CNBC, Jim Cramer and Fast Money. I thought that is what I needed to know and follow their advice when I would trade. Sometimes I wonder how lucky I was I didn’t burn through my whole account.
Over time I started to Google for stock trading education and came across multiple sites where they offered stock trading education programs and seminars but the only problem was is that they did not know what they were talking about. I was contacted by my brokerage firm which is TDAmeritrade and they helped me out a little bit but mostly wanted me to go to their offices which were far away from where I lived and I did not want to take the drive over there.
Since I did not know what I was doing when it came to trading and I didn’t have any one to teach me, I signed up for a site where they would make picks for me and I would “shadow” their stock picks. After losing a good chunk in my account and not learning anything about stock trading education I told myself that if I was going to do this I was really going to teach myself how to do it. I bought a couple of books and started to go into trading rooms and asking questions. I called my broker and asked them which the basic tools that I needed were. I also went on YouTube and started to search for trading tips and education. I found some okay videos but not a lot. I learned about moving averaged and volume from watching the videos and taking to my broker.
When I really started to get the hang of it was when I found a mentor to teach me how to become successful in trading. I knew with his help I could make it because he already had the experience and already had the lifestyle that I wanted to have. I was told to do certain things before I wanted to start trading.
- Trade in a virtual platform for 90days
- Read books that he recommended.
- Ask a lot of questions, even if I thought they dumb questions
- Get a hold of my emotions (real tough to learn)
- Study chart patterns
- Study every trade I did in the virtual account after the trading day was over
- Understand that you will not always get every single trade and might have to take a loss
After doing what he told me and trading on a virtual account I started to trade real money on my account and did quite well my first month of trading. I have had quite a few big losses but it was okay because the best stock trading education that someone can get is from making mistakes. The best tip of stock trading education that anyone could give is ALWAYS HAVE STOPS! I took a big hit and it was the last big hit I ever took.
If you are wanting to learn about stock trading education I would advise you to do research before starting and following the bullet points that I have listed above. If you would like to sign up to a educational and trading room TradeStocksAmerica.com is a great service that I personally use and I will continue to use. They help you with your trading and they also call out stock ideas and walk you through them.


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