Stock Trading Courses
With so many stock trading courses out there its really hard to tell what’s worth your time and money. With every second guy claiming to be a trading guru or some stock market expert you can quickly find yourself listening to someone who probably wants your money more than to see you succeed.
The first and most important thing to look for in any stock trading course is the person (s) presenting the course. Are they REAL traders who are actively trading or are they just out to make money from teaching others to trade?
Obviously there are many different levels of training and you also need to look at that aspect. Is it a stock trading course for a beginner or is it advanced and only useful for experienced traders? I’ve been through a lot of trading courses and to be honest most of them were NOT worth the money. However, I did learn something from every one of them.
Stock trading courses vary greatly in price and quality. I thought it would probably most useful to you if I tell you about 3 different “levels” of courses. Pick whatever suits your budget but don’t restrict yourself to these either.
1. Books
The cheapest stock trading courses are probably books. The problem is that there are thousands of them and most often we can get lost in a book. There are some amazing books available and for $20 you can learn from some of the best traders in the world. With books however, you need to be very focused since most people never even read past the first chapter of a book. I would recommend Bonnie Turner’s books. They tend to move a bit fast, but are very thorough and is great for beginner and intermediate traders.
2. Online Courses
The next level of stock trading courses are online courses. There are many of them and the obvious problem these days is that every second “trader” is trying to sell a course. The fantastic benefit of online courses is that you can get a very thorough education and with interactive technology you can shorten the learning curve significantly. Without a doubt, the best course is Anthony Green’s online trading course. With manuals, videos and even email access to answer your most pressing questions its well worth the investment – especially being able to see a professional trader in action and to learn first hand from someone who is actively trading for a living. He lays out a very easy to follow step-by-step program, but you will need at least $1,000 to trade with.
3. Seminars
The top level stock trading courses are seminars. They are usually 2 or 3 day long courses that are held in groups of 50 to 300 and can cost as much as $10,000 per person. The real power of these seminars is that you immerse yourself in it for a couple of days and being there WITH other traders and being able to ask questions and learn first hand is priceless. The best trading seminar I ever attended was Wealth Mastery – which is Tony Robbins’ brainchild and presented by Chuck Mellon who is widely regarded as one of the top traders in the world.
Hopefully this quick overview of stock trading courses will get you started on the right path. This is one thing you don’t want to “figure out” yourself – you will lose a lot of money before you come to your senses. If you’re just dabbling with the idea, buy yourself a good book. If you want to actively start trading, enroll in an online course. If you already have some experience, go to a live seminar.
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