Where to start?

Discussion in 'Educational Resources' started by bc56, Mar 12, 2023.

  1. BKR88

    BKR88

    Figure out what/how you want to trade.
    Daytrade? Swingtrade? Investing?
    Forex? Stocks? Futures? Crypto? Options?
    Indicators? Support/Resistance? Fundamentals?

    Go to youtube and search for things like "daytrading", "swingtrading", "support and resistance trading", etc...
    https://www.youtube.com/results?search_query=daytrading
    https://www.youtube.com/results?search_query=swing+trading
    https://www.youtube.com/results?search_query=support+and+resistance+trading+strategy

    Watch small portions of several videos to see if anything looks interesting to you.
    After you find something that interests you then watch more videos all related to the same style of trading.
    What works for someone might not for the next person so only YOU can find what works for YOU. Some say indicators don't work but one of the best daytraders I've seen uses MAs and makes millions yearly for many years. I've also seen some very good supply/demand traders.
     
    #11     Mar 12, 2023
  2. SunTrader

    SunTrader

    "I just want to know how I should get started in educating myself about futures trading."
     
    #12     Mar 12, 2023
    BKR88 likes this.
  3. deaddog

    deaddog

    Education - CME Group
     
    #13     Mar 12, 2023
    Darc and Sprout like this.
  4. SunTrader

    SunTrader

    #14     Mar 12, 2023
  5. traider

    traider

    WTF you mean that's all needed to make millions
     
    #15     Mar 12, 2023
  6. Sprout

    Sprout

    CME has great content. It's surprising how many "traders" do not even know the basics around exchange rules, order types and qualifiers and contract specs.
     
    #16     Mar 12, 2023
    Darc likes this.
  7. The original questions was, "where to start"?
     
    #17     Mar 12, 2023
  8. jnbadger

    jnbadger

    If you look at the old P/L threads, there were some pretty amazing numbers. Some folks were well into the 60's, and they were hugely profitable traders. But some are at 70% and they couldn't trade their way out of a wet paper bag.
     
    #18     Mar 12, 2023
  9. tomkat22

    tomkat22

    Who dat?
     
    #19     Mar 12, 2023
  10. bc56

    bc56

    I think you misunderstood: when I said I first started learning about futures in the 90s, I didn't mean that I kept it up for the past 30 years. I gave it up not long after I started because I was a naive, broke 26 year old college student thinking I could get rich overnight trading futures. Now that I am more mature and level headed, I am much more aware of the risks and complexities involved.
     
    #20     Mar 19, 2023