Showing posts with label Trading Education. Show all posts
Showing posts with label Trading Education. Show all posts

Thursday, February 10, 2011

Trading Education Plan

So, before you can be an engineer, you go to an engineering school and do an internship - school gives you theoretical knowledge and the internship gives you just a taste of what the real world engineering is like. I believe Trading , or any profession for that matter, is the same. So here is my learning gameplan (in sequence):

1. A Beginner's Guide to Day Trading Online by Toni Turner
--> a. Understand the basics of trading
      b. Do all end of chapter quizes
      c. Follow her two week bootcamp
      d. Create a trading plan (like a business plan)
2. Come Into My Trading Room: A Complete Guide to Trading by Dr.Alexander Elder
--> a. Get another perspective on trading
      b. Do all questions in Study guide for come into my trading room
      c. Create a trading strategy
3. The Candlestick course by Steve Nison
    a. Be sure to do and re-do all the quizes.
4. If its raining in Brazil, buy Starbucks by Peter Navarro
    a. Do all exercizes in When the market moves, will you be ready
5. Technical Analysis: The Complete Resource for Financial Market Technicians by Charles D. Kirkpatrick
6. Market Wizards: Interviews with Top Traders by Jack D. Schwager
7. The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities, 2nd Edition by Bernard Baumohl
8. How I Made $2,000,000 in the Stock Market by Nicholas Darvas
9. How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition by William J. O'Neil
10. Sell and sell short by Alexander Elder
11. Understanding Options by Michael sincere
--> I won't be necessarily trading options , but want to understand the impact of option prices, call/put ratios on stock price.