just joined the forum and need all the help i can get.

[dbphoenix]

Out of curiosity @Ditch, how did you know about the pants though?

Actually he's talking about me, though he doesn't have the stones to say so. (Ditch has issues)

I didn't respond to your initial post because I have no interest in Forex. However, if you're interested in "price action", as opposed to indicators and various arcane means of displaying data, you may want to check out this. And it's free.

As for Ditch, listen to Georgii.

 

[Autodidact]

These books will teach several ways to day trade any liquid market. These books will not teach you how to develop the mindset necessary to trade the way the books teach you to trade. Very few people accomplish that and it's absolutely necessary to turn what you understand and know into what you actually do on a daily basis.

I hear you, thanks for your input.

 

[BSAM]

...You have no idea what you getting into, and no stranger is going to hold you by the hand, become a mentor and teach you magic for free.

Sorry for delivering the sad truth.

(Like)

 

[Georgii]

I'd argue there are definitely people that will mentor for free, but the biggest problem is that most people who ask to be mentored never want to do the homework necessary. Why should a mentor spend time to teach someone if their student doesn't want to do the heavy lifting?

Finding a good mentor (especially a free one) is very difficult, I never got lucky and had to go about it on my own. After a while it becomes increasingly more obvious what you need to do after going through 'trading 101': read about a few price patterns, research the hell out of them in the market you're trading until you get all their characteristics and variations, and then learn to execute the ones that have an edge and that you understand best without making mistakes. Rinse, wash, and repeat. Sounds much easier than it is, but in the end that's the meat of it, and it's amazing how many people DON'T want to do this and think they can trade profitably.

 

[lawrence-lugar]

so im still a beginner and need advice
for trading courses which ones do you recommend from experience.

this is what i want to do so please unless you are giving constructive suggestions, aint no body got time for that.lol

lastthingis, is there anyone is willing to be my mentor?

...i started out about/learning how to trade by watching trading-themed movies...sounds kind of silly...but this was a small stepping stone long ago...

Trading Places 1983
Wall Street 1987
Wall Street 2. 2010
Boiler Room 2000
Other People's Money 1991
Rogue Trader 1999
Mr Destiny 1990
Margin Call 2011
The Deal 2005
Wolf of Wall Street 2013
Family Man 2000
Arbitrage 2012

...and the many finance/trading documentaries available on Youtube. My personal favorite are documentaries about the 2008 housing market bubble collapse -- I never seem to get bored watching those.

 

[Risk619]

we're not here to save the f*ng manatees, guys

 

[Georgii]

I saw many of those films and they didn't teach me a damned thing about trading. They did show me a side to life on Wall Street, but I honestly can't expect some Hollywood screenwriter to be able to relate key trading concepts.

 

[Ditch]

I saw many of those films and they didn't teach me a damned thing about trading. They did show me a side to life on Wall Street, but I honestly can't expect some Hollywood screenwriter to be able to relate key trading concepts.

Don 't you do coke?

 

[lawrence-lugar]

I saw many of those films and they didn't teach me a damned thing about trading. They did show me a side to life on Wall Street, but I honestly can't expect some Hollywood screenwriter to be able to relate key trading concepts.

...Not everything in life is learned in the classroom, so to speak. Sure, of course, those Hollywood/entertainment movies are not made to teach you actual trading -- that would be boring. It's kind of like the story of the Karate Kid...doing seemingly menial tasks...before actually 'learning'.

 

[Georgii]

Well I guess it depends on what kind of trading you want to get into. Naturally Hollywood isn't going to make a film where Gordon Gekko is sitting there at night scrolling through charts in Ninja trader, or Ben Affleck is reading a lecture on how to fade the opening range, lol. They're going to talk about the kind of stuff that will get the SEC knocking on your door, or the usual bank trader stuff like in 25th hour where they're all gambling on whisper numbers and trying to catch a ride on each other's coattails. Either way it's stuff that's irrelevant to retail trading I think. I certainly wouldn't waste my time on it unless I just wanted to unwind for a night. "We don't hire brokers, we train new ones. Let's go skippy..."