I am looking to invest in day trading, but need to know from someone that can lead me to the right school or instructor.
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about day trading the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
This question was about day trading and there have been some pretty good answers that should help in your trading, and especially in relation to day trading, the answer has been posted in the categories listed below:
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Instructors rather do their day trading than teach you at school.
Before you pay for school or instruction, familiarize yourself with the basics. You can get all the basic information you want for free on the web. To get started learning how to read charts, go to http://www.taguide.com.
Day trading aint worth it, average daily return on the market is 0%!
All the comments above are somewhat true, but I found an actual school that is recognized by nasdaq and maintained an A rating for years. Check out tradingacademy.com. They povide hands on training. You will practice with their money until you get it. then you can use yours
You can practice daytrading without losing any real money at http://www.top10traders.com – this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.
Here are this month’s best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
Day trading doesn’t work. Those that teach it are either just taking your money or they’re profiting from YOUR mistakes.
Really, it doesn’t work. Anyone that says that you’ll make a fortune is a liar. Run!
Want to make money? Buy stock in a few stable companies, in different sectors ("diversification") and then hold. Easiest way to do this is to buy an index fund or ETF. Holding is the key. Dumping every day, bad idea.
Don’t waste your money.
All you need to know is buy low sell high and sell high and buy low.
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Hello my name is Krishnamoorthy from Chennai. I’m a software engineer. Mr.Aravind is a best & professional forex trader. I know him and saw his TV interviews
in Moon TV. Two years before I studied forex trading from a local guy who doesn’t have any job. He himself don’t know anything about Forex trading. He doesn’t have classroom too. He ask me to attend the class in a coffee shop or through online. At that time I don’t know about him. Actually he earns by teaching & selling forex products to innocent people and making money. I request you to join Mr.Arvind class.
Mr.Arvind is genius in forex trading. He guides everything correct about forex trading. Also he shows all proof & trades live in front of people.
Now a days jobless persons providing training on forex market…. Please avoided that type of trainers.
I attended Mr.Arvind’s training… Now I feel really happy….simply because, two days before I withdraw 1340 US doller that is exactly Rs.60300…
Hats-off to Mr.Arvind for his wonderfull training & strategy. I strongly recommend you to join with Mr.Arvind to make profits.
Thanks to Mr.Arvind ( forexnext.com )
Regards
Krishnamoorthy