(Sorry about filming on such a windy day!)
Until a few months ago, I would answer that question with a ‘no’ as well. I had been working in finance and investment for about 8 years and had been fascinated with the stock market for much longer, but I couldn’t tell a stock trading signal from anything else!
Click here to watch free stock trading training videos
You see, I have always been what is known as a ‘fundamental’ investor. That means that I look at the annual reports and financial numbers of the underlying business. It is very helpful when making long-term stock market decisions, but not very good for the short-term plays.
I can recall a few years ago even trying some stock trading software. My hope was that the program would simply pick the right stocks. Well at that time, I picked the wrong stock trading program!
Of course, without knowing anything much about stock trading – trust me, it is very different to long-term investment – I was using an unsuitable stock trading system. C’est la vie!
Truthfully, I couldn’t tell a ‘head and shoulders’ pattern from most others. Since I was meant to be the expert, I figured that a bit of learning would help me to fill in a few gaps in my knowledge and might even improve my performance in the markets.
That was why I started looking around for a real stock trading education provider online. I figured that the ‘best’ probably wouldn’t be in my local library and that instead I would need to be able to access the best training wherever it might be.
Click here to watch free stock trading training videos
That search lead me to the company you see linked from this page, INO TV. Once I got started, in truth, I was a little overwhelmed! They have hundreds of online videos that are strategy sessions, trading training, lectures and debates. In total, this must be hundreds of hours of videos.
So I did what I always do in life – it works for me at least! – I just read about a few and watched one. A couple of days later, I watched a second. In time, this added up and my base of knowledge really began to grow.
I’m still not a trader, I didn’t want to be. I wanted to improve my investment skills, which I have done.
But, if you hope to become a trader in the stock market, INO TV is a great way to get started.
You see, statistics suggest that over 90% of all traders will lose all their trading money within the first year. That is a pretty shocking statistic. But there must be something that separates the 90%+ from the small percentage that make money consistently. After all, if all that is being lost, someone else needs to be earning a lot to balance it out a bit.
I think that the difference between traders that are winners and losers is down to a few simple things. For sure, instinct is one. Some people are just born money-makers as others are born sprinters or supermodels.
But I also believe that education is a major factor. It has to be, since no-one was born understanding put options…
Click here to watch free stock trading training videos
So they must start somewhere, and I think that somewhere is quite likely to be in a classroom, gaining an understanding of markets, stock trading signals and taking some practice steps. Therefore, if you want to be a trader, shouldn’t you start with some lessons?
The links you keep seeing in this page are to what I believe is the best online education resource for stock traders online. What is even better is that you can get started with a few free vidoes to see if you like the service. by simply clicking one of the links on this page, you can take a look at their content and see if you like it. It is a free trial, where you get to learn something! What an offer!
For anyone hoping to be a stock trader, the ability to spot and interpret stock trading signals is vital.
There are many, many services online that specialise in picking trades – in many markets – so that the subscriber simply has to pick up the phone and call his or her brokerage and trade. That is all well and good, but for even these people that want fast and simple stock trading profits, it is important to have a solid understanding of market indicators.
Many others will use some form of stock trading software or program to help with the long and time consuming task of looking at market graph after market graph. This software can be used to identify possible trades and specific types of movement in graphs. These movements may be in the trends (moving avaerages) or the actual price itself.
Generally, these selections will be in a stock market (the Dow Jones or NASDAQ, for example), but there are many people and systems that focus on other areas such as forex and commodities.
Therefore, it is hopefully becoming apparent that anyone planning to make regular profits by trading in the many markets of the world, the ability to assess stock trading signals is very important.
This is why I am such a fan of the INO library. They have hundreds – just over 500 the last time I checked – of videos of seminars, discussions and training courses of the leading experts in the world explaining how they trade. Quite simply, if you can’t learn from them, I don’t think you can make it in this area.
My suggestion would be that you follow the link and watch their free videos – you won’t need to buy anything – and then think about whether they can help you, as they helped me and many others.