Stock Market Training: Learning the Secrets of Success
“A little knowledge is a dangerous thing,” an English poet once wrote. The idea is certainly relevant to investing, where a small amount of success can make a novice investor increasingly bold, reckless and ultimately penniless.
To master investing, you must first master the basics, and then steadily build upon that foundation of learning. Fortunately, there are myriad resources available to the beginning investor. Many of these resources are available online, free of charge.
Matt Choi is a self-taught stock trader and creator of the online trading mentorship platform, Certus Trading. He provides in-depth mentorship to those looking to enhance their trading skills and find better success in the market. His online platform provides mentorship to those looking to expand their knowledge and mastery.
Similarly, there are also community-based platforms that offer online mentorship along with a supportive community, such as Finesse Stock. Finesse Stock offers guidance along with personalized assistance. There’s also a comprehensive community available through Discord.
The knowledge available in these courses ranges from general principles to precise technical details. An example of the first category are concepts such as risk tolerance and time horizon. Both of these concepts will govern how aggressive you will want to be in your investments, based on your tolerance for potential losses and the time you have available before you will need money for retirement or any other use you have planned.
Beyond the principles of investing, online trading courses may seek to teach the following skills and concepts:
- Technical analysis
- Trend analysis and pattern analysis
- Positive and negative divergence
- Short-term, midterm trading, and long-term investment techniques
- Reading relevant charts; collecting data
- And much more
When investing in a particular company, it’s important to know how to determine the profit and loss numbers for a business. There are many other variables involved, as well. Although it is true that an investor may simply get lucky, once, twice or even over an extended period of time, the well-trained investor is likely to be more successful in the long-term.
There’s a wealth of information out there, especially online, so it can be confusing trying to decide who to listen to. In addition, there are many platforms to choose from that focus on different trading styles, such as swing trading, day trading, and more. In the end, it’s important to choose training and courses that fit in with your own preferences, goals and perspectives. And it’s especially to find a trusted source – one with a superior reputation and proven track record.
Online platforms such as Matt Choi’s Certus Trading or Finesse Stock are a good fit for many new investors, providing the solid foundation on which you can create wealth and build your future.