Some questions from a relatively new trader.
- Thread starter jjstocktrading
- Start date
Quote from nazzdack:
1) You have to be willing to learn "everything about everything" and then get rid of what you realize is of no value.
2) You will not be able to "cherry pick" what is most valuable. That varies from trader to trader. There is no perfect, optimal & minimized syllabus to adhere to.
3) Your goals should be work ethic oriented, not reward oriented.
4) You're woefully undercapitalized. Save more money before trading. :eek:
5) Focus on reading books from public libraries, devouring free online content and not paying for subscriptions.
6) After awhile, you should notice that authors are talking about a relatively small number of basic concepts with their own "twists and interpretations".
Agree with every point nazzdack mentions...you have lots of time to learn. Invest your time right now in learning what you need to learn and save your money. There is soooooo much free info...obviously much of it worthless...BUT there just are not any shortcuts...study...paper trade and decide who you are and what will work best for you. Its fine to buy a stock but if you start to overtrade the commissions will eat you alive.
