Is it Worth It!!! | Traders Hideout


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Is it Worth It!!!

  #28 (permalink)

Market Wizard
Cleveland Ohio/United States
 
Trading Experience: Advanced
Platform: Tradestation
Broker/Data: Tradestation, DeCarley, others
Favorite Futures: futures
 
Posts: 2,620 since Jul 2012
Thanks: 1,355 given, 4,999 received


navionpilot View Post
Where should a beginner start?

I always recommend this:

Read. Read as many books as you can on trading. Use your library as a free source of books. Read any and everything you can. Different styles of trading, topics, etc.

Make no judgments about what you are reading. Just take it all in.

After a while, you will start to see:

1. what kind of trading that appeals to you (discretionary, scalping, arbitrage, algo, etc).

2. a lot of books are full of crap - ideas that don't work, cherry picked examples, overly optimistic returns, etc.

Once you get to that point, when you know what you like and you have a feeling for what is realistic, then dive deeper into your area of interest. Maybe find a mentor. Just beware: most people selling trading info cannot (or no longer) trade!

Then start trading, but take it slow. Trading is a marathon, not a sprint.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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