Can you recommend specific resources, books, or courses for improving trading skills?
» Education and Resources- "The Intelligent Investor" by Benjamin Graham teaches fundamental investment principles.
- Babypips offers a comprehensive and free "Learn Forex Trading" course for beginners.
- Investopedia's Simulator provides a realistic platform for practicing trading strategies without risk.
Been dabbling in the trading world for a bit but feel like I'm missing some knowledge. Anyone got any go-to resources to share? Could be books, online courses, or any other type of solid guidance on how to boost trading skills. Personal experiences and tried-and-true recommendations would really help, cheers!
There's a whole lot of resources out there, so it ultimately depends on what exactly you're looking to get better at. For technical Analysis , "Technical Analysis of the Financial Markets” by John Murphy is a classic.
If you're interested in algorithmic trading, you might find "Algorithmic Trading: Winning Strategies and Their Rationale" by Ernie Chan useful.
There's also plenty of online courses. Coursera has a course called "Trading Strategies in Emerging Markets" that's quite comprehensive.
And don't forget about the free resources. Investopedia has great articles and tutorials, especially for beginners.
Finally, remember that there's no replacement for actual experience. Try paper trading to practice without financial risk.
What type of trading are you interested in? And is there a specific area you feel you're struggling with?
While there are countless resources, nothing beats real-world experience. Consider joining a local investment club to gain hands-on knowledge, network with like-minded individuals, and potentially find a mentor. And remember, sometimes learning what not to do is just as valuable as learning what to do. What's your trading strategy currently like?
Absolutely, real-time experience is vital. Diving into mock trading platforms can also provide a risk-free environment to test strategies. How do you usually approach risk management in your trades?
Podcasts can be incredibly valuable too. Check out "Chat With Traders" for insights from real traders. Have you tried incorporating podcasts into your learning routine?
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