Trading can be pretty frustrating for a beginner who has just gotten acquainted with this beautiful world of charts, graphs, numbers and statistics. As a seasoned trader who has been consistently profitable, I have interacted with thousands of individuals who have often asked if I can share some secrets on trading for beginners or if I have any nuggets of wisdom on stock trading for beginners. This section of the Enlightened Stock Trading blog answers all those queries for those I have interacted with and those I have yet to meet.
Professionals who are successful in other fields and have enough savings often get bored with the slow and painful returns of ETFs, mutual funds and individual stocks. It is then that they want to learn – how to trade? Or how to day trade? Through Enlightened Stock Trading, we facilitate precisely that. Our courses and videos are tailor-made for working professionals who want to jump from ‘trading for beginners’ to ‘trading for pros’ and don’t want to waste considerable time on that journey.
Trust us. You can go from “how to trade?” to “give me any market, and I can trade it” in a short while if you are ready to follow the rules of the game. You can go through our videos in this playlist, which help people asking advice on trading for beginners to make a knowledgeable start on the topic instead of being ignorant about the fundamental rules of trading. You can also get your FREE stock trading resources to learn stock trading & improve your trading fast by clicking here: https://enlightenedstocktrading.com/free-online-stock-trading-courses-training/
We believe that every novice trader learning how to trade should get their basics right. Some techniques work in the market, and then there are methods and techniques that might look good on paper but fail in almost all markets where you apply them. Instead of asking “how to trade?” we think traders who are beginning their journey would be better off asking, “How do I come up with an edge?”, “Can I develop a profitable system?”. Everyone is looking for financial freedom in this world, and trading can lead you there if you start asking the right questions. Stock trading for beginners should start with reading and learning. Read as much as you can, and to nudge you in the direction, here is a series of videos we have recorded on trading strategies for beginners that can also come in handy for advanced traders:
Trading Strategy For Beginners Video Playlist
If you have any recommendations on topics that we should cover next in our series on stock trading for beginners, please drop a comment in any of our videos on this playlist. We will be happy to answer all your questions on how to trade. You can also visit the Enlightened Stock Trading website (enlightenedstocktrading.com) for multiple free resources that will help you kickstart your profitable trading journey in a matter of days.
Click Here to watch all of my Stock Trading Strategy videos in this special YouTube Playlist and don’t forget to subscribe to the Enlightened Stock Trading YouTube channel to get all of my trading video updates. Click Here to Subscribe ⏩
Most traders try to get into new stock trends TOO EARLY – find out why in this video. Stock trading system development is a series of trade offs, and most stock traders get this trade-off wrong. The fear of missing out drives you to want to enter early, but the downside is too many false entry signals.
New traders lose money and quit because of their behaviour in the markets. This is not usually intentional… but it is the behaviour of the trader that causes it. You wouldn’t go into the water scuba diving without first following a safety checklist to make sure you don’t drown. So why would you not follow a safety checklist before you enter the market?
Do you want to make more money trading? Chances are your first impulse to make more money is to find more trades, trade more often, look at the market more regularly.
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Unfortunately the markets dont work like this. The markets are counter-intuitive Im so many ways and if you want to make MORE MONEY then you probably need to TRADE LESS often. Watch this video to find out why.
Learning to trade stocks makes far more sense than leaving your money with a Professional Fund Manager – Here is why !!
Stock Trading Video from John Day Fossil Bed National Monument
I was visiting the Guinness Book of Records museum with my family in Los Angeles today (my kids love that stuff…) and it got me thinking about all the people who spent their lives trying to break a record. So few actually break world records, even in obscure activities, but people still try!
If you want to succeed as a profitable stock trader for the next 10 years or more then you need to NOT be like people trying to break a record… you need a higher probability approach.
In trading this means having a high probability of profit over many trades over many years. Too many traders act like they want to get rich by next week, but that only guarantees their failure in the long run because they end up blowing up and losing everything!
You wont believe what happened – I had to have a rant about it! This is why Backtesting EVERYTHING for yourself is so important. Learning how to backtest correctly is the number 1 skill for technical traders.
Are you at risk because you havent backtested your stock trading systems?
There is one way of gaining inspiration for your next trading move that more and more stock traders are forgetting about.
Learning to trade stocks may seem hard, but it is easier than digging in a mine… Trading systems are important to sift through the market to find the best trading opportunities.
You need to immerse yourself in trading books as well as YouTube videos so you get a coherent learning experience.
Too many traders try to follow exactly the same indicators, trading strategies and trading systems… this makes most commonly known trading strategies worthless, but it only takes a subtle shift from these common strategies to generate great profits.
Have you had trouble getting used to trading with a new trading strategy or trading system? This video will help!