is there a noob reference somewhere?

[mute9003]

that has a reference to what people need to learn about stock market behavior in general and how things in stock market relate to eachother and what happens when one thing moves does the other move in relation to that etc?

like for example. this market now and for past month is it seasonal or something that is specific to this year and economy
what kind of strategies are there that people use
what are the basic strategies that institutions use
how do institutional moves affect market
how retail traders react to different things happening in the market
how institutional traders react

etc

i tried to google market dynamics since thats the only search word i could come up with but it was not much there that described the stock market dynamics...


like when i listen to a pro trader talk about a stock he goes on to break down the movement
this happened because of this and if you look at that it caused this to happen and thats how people reacted etc..
where do i learn all this technical information that they see?
i watch youtube videos but they just babble nonsense for like 10 minutes and throw out like one piece of useful info per video so it takes way too much time to do it that way

 

[longandshort]

Here’s what you should look into (can watch YouTube stuff just make sure it’s legit like from a university or bank):
1. Macroeconomics (gdp, inflation, exchange rates, interest rates, monetary policy)
2. Corporate finance (basic asset pricing, corporate decisions, market participants)
3. Market structure (stock exchanges, GICS, basic stock information like how to calc market cap or what volume is)
4. Factors (momentum, value, size, etc.)
5. Trading strategies (capturing a return that is systematic or finding idiosyncratic opportunities)
6. Build a workflow to trade based upon the data and tools you have
7. Test it (backtest)
8. Constantly read and study

 

[mute9003]

thats actually alot of good info thanks
i just dont know what keywords to search for.
i know what im missing but dont know what to call it...

if anyone wants to throw in some more search words that are important please do...
i need to move forward

i read alot of books on psychology already but lack technical knowledge and understanding at this point...

 

[Nobert]

i read alot of books on psychology already but lack technical knowledge and understanding at this point...

Prepare yourself for the process of 4~ years.
Practice at the same time as you learn.
Collect your own data with thousands of sim trades/backtests on what works & not.
(In order to deny or agree with that which you read in books)

On the 3'th/4'th year, begin to slowly apply those skills, in the real account.

No kum ba yah type of stuff, only serious dedication in order to succeed.

 

[SunTrader]

...
i watch youtube videos but they just babble nonsense for like 10 minutes and throw out like one piece of useful info per video so it takes way too much time to do it that way

Looking for shortcuts <> looking for knowledge.

 

[Bad_Badness]

Slow but sure is the way. Don't expect anything but work and stay on paper until consistent. Sample sizes are in the hundreds.

Use the archives (hall of fame) here and review all.

 

[traider]

Stop reading psych books. When you have found actionable edges and you understand why you are making money you don't need chicken soup for the soul.

 

[mute9003]

i use audibooks they help me to stay focused and not stress out...
where is the archives i dont see them

 

[murray t turtle]

Prepare yourself for the process of 4~ years.
Practice at the same time as you learn.
Collect your own data with thousands of sim trades/backtests on what works & not.
(In order to deny or agree with that which you read in books)

On the 3'th/4'th year, begin to slowly apply those skills, in the real account.

No kum ba yah type of stuff, only serious dedication in order to succeed.

%%
Good .
Also good , he know he needs much more than psychobabble books.
ONE of the best reads /rereads;
444 pages+/ =William J. O 'Neil/ How To Make Money In Stocks[IBD newspaper is weekly now\ not daily]
Problem with audio books= a picture is worth 2,000 words., Good question.