You should not buy courses from say-so traders. You should start by learning technical analysis if you want to be a day trader. John J. Murphy books are the best for that. Then, you should start dismiss 99% of people advice about trading, especially online (Quora..). Fact is, people spending all their time talking about trading on Quora like website are those who lose money and are like "I can't make money so you can't either, here is why" .
You should never watch the financial news. You should learn to make your own hypothesis (Scientific method). You'll need to go trough trial and error. The fact is, online, you will read a lot of cringe about "You can't beat the algorithms, high frequency trading is too strong, blabla". Trading is a zero-sum game, but this approach is flawed. You don't need to beat them.
Read this article : Man Versus Machine: Algorithmic High Frequency Trading And You
This forum can bring you a lot. The best traders have an entrepreneur spirit, they have the guts to go their own way, make their rules. Do you think you're the kind off independent person ? Do you have the character required to be trader : discipline, rules, detachment from emotions and to dollars, divergent thinking ? You can test yourself here, to have an approximatively test of your personality related to trading : Tharp Trader Test - What type of trader are you?
If yes, you will make money in trading. At the end, as other have said, it's just a matter of choice. If you just want to "try it to see" you will lose money. Either you go in, or not. You don't have to lose all your money during 5 years as some people said, unless you are stupid, but you will have to practice a lot, read some huge books, and create your rules. I see people making good money with trading, on a consistent basis (not always with day trading), but again, to go Fastlane with the financial world, you'll need more. You'll need that entrepreneur thinking I talked about, and see where you can go from there.
Good luck
You should never watch the financial news. You should learn to make your own hypothesis (Scientific method). You'll need to go trough trial and error. The fact is, online, you will read a lot of cringe about "You can't beat the algorithms, high frequency trading is too strong, blabla". Trading is a zero-sum game, but this approach is flawed. You don't need to beat them.
Read this article : Man Versus Machine: Algorithmic High Frequency Trading And You
This forum can bring you a lot. The best traders have an entrepreneur spirit, they have the guts to go their own way, make their rules. Do you think you're the kind off independent person ? Do you have the character required to be trader : discipline, rules, detachment from emotions and to dollars, divergent thinking ? You can test yourself here, to have an approximatively test of your personality related to trading : Tharp Trader Test - What type of trader are you?
If yes, you will make money in trading. At the end, as other have said, it's just a matter of choice. If you just want to "try it to see" you will lose money. Either you go in, or not. You don't have to lose all your money during 5 years as some people said, unless you are stupid, but you will have to practice a lot, read some huge books, and create your rules. I see people making good money with trading, on a consistent basis (not always with day trading), but again, to go Fastlane with the financial world, you'll need more. You'll need that entrepreneur thinking I talked about, and see where you can go from there.
Good luck
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