Climbing the learning curve

[Redneck]

FWIW Sir


Three specific questions:

(1) What educational materials (e.g. books, magazines, videos, online training) do you recommend for relatively inexperienced traders?



Trading in the Zone
Reminiscence of a Stock Operator
Trading Your Way to financial Freedom
(And although I don’t use indicators) Technical Analysis Explained (to get a basic understanding of them)
Trading for a Living
The Market Makers Edge

I believe would be a good start


I attended online trading academy – and for a "BASIC" (Emphasis BASIC) foundation of trading - and I believed it was worth it
(NOTE: When I started out I didn’t know jack about the stock market, wall street, or trading)



(2) What software do you recommend as a learning tool (not necessarily as an actual trading tool)? I have some, but not extensive, programming experience.

Any one that will allow you to use a demo account for a few months – Just make sure it’s direct access




(3) What data sources do you recommend to go along with (2)?

I use

Briefing.com (earnings/ economic calendar / fmoc)
Finviz.com


I never listen to ANY TV / Radio talking heads, or read news papers – I used to and it screwed with my opinion of the market


aside

For me personally – trading is, and has always been, 5-7% physical, and the rest Psychological (I’ll be the first to admit everyone is different)…

And I was never afraid of being wrong in front of a large crowd either – However when it came to trading I figured out to be successful – I first had to learn how to get out of my own way (but again everyone is different)

Good Luck
Redneck

 

[ermca]

Thanks for the great information thus far!

I'll take a look at all of these book recommendations immediately, and I much appreciate the suggestions to look at swing pairs trading and yield curve spreads as potential strategies. Any other potential strategies that might be worth exploring?

Also, any recommendations for a specific book or website for learning TradeStation's coding language? It appears straightforward enough, but it would be useful to have some well-documented examples of working code to use as reference and to save me the trouble of re-inventing the wheel.