Common Sense Methods to Inexpensively Get Started In Trading the Financial Markets
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Dave Ph.D Walters. Common Sense Methods to Inexpensively Get Started In Trading the Financial Markets
INTRODUCTION
REALISTIC TRADING REQUIREMENTS
TIME REQUIREMENTS
West Coast:
East Coast:
Trading Techniques:
HOW COURSES WORK
ADVISORY SERVICES: THE WAY TO GO
FREE COURSES and FREE INFORMATION
AFFILIATE TRICKS
SCAMS
TRADING INSTRUMENTS
Stock options:
Futures Options:
Emini Futures:
Forex/FX/Currencies:
Futures on Commodities:
Bonds and similar:
Stocks:
Penny Stocks:
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It is important that you realize I am not an affiliate of any trading company, course, advisor, or mentor in any way, shape, or form. I am a retired market trader that has always been disappointed and even appalled by the courses offered online, and their methodologies in getting customers to buy. Therefore, you will not be getting any specific websites, courses, or trading book purchasing recommendations: if I did so, it would be taking advantage of your trust in me, and I won't do that.
This is not a full course on every single method and vehicle for investment, trading method, or psychology needed for trading. To do so would require many books, and would waste many years of my time in writing material which already exists. Rather, this is a guide for you to properly choose what suits you, to go out after something which you find interesting, may have a knack for, and fits your trading budget. As it is, everything you need is out there for free or very reasonable if you know how and where to look. I will show you how to find it later in this text. You will also learn methods on how not to get ripped off for a complicated course that you don't have time or ability for,and provide options that you likely never heard of.
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But the most important thing I learned is to not mistake my luck for excess cleverness, nor my losses as a failure. When it comes to the markets, often you are but a leaf in the wind. The successful traders are those that recognize when a wind may blow up, see when it may stop, and accept they are never always correct.
I got into trading the markets via the car industry,moving cars from the USA to Canada,and vice versa- taking advantage of differences in the currency rates. The problem is I would either be run off my feet working,or absolutely idle based upon the changes in the currency rates. Then I decided to look into just trading the currency (which is what I was doing,but using cars as the intermediary) I did that for 4+ years, staying up all night and most of the day to trade various markets and made enough to retire. Mostly Forex/currencies and E-minis with a lot of stock options and gold thrown in.
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