Posted by forex at 7:12 AM
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1. Evaluate your own psychology before you decide to take courses in day trading. Day trading is stressful and an expensive, full-time job. You must have the discipline to stick to your trading plan and know when to stop and cut your losses.
2. Research courses you are considering enrolling in. They may not be objective. Make sure that the instructor doesn't profit off any day trading you eventually do and doesn't try to sell you books or automated trading software.
3. Enroll in an Internet day trading course. There are countless courses offered through online universities. Since many of these courses are unregulated, make sure that in addition to instruction, you receive audio and video clips, activities to download and charts to continue and reinforce your education.
4. Take an on-site course. These courses are usually quite expensive, so you'll want to consult with the teacher and seek out reviews of the course to determine whether it's worth the price and delivers on its promises.
5. Review your local community college's class schedule. Some offer classes or seminars on day trading and are much less expensive than commercial courses.
6. Invest in a course that offers comprehensive training in all aspects of day trading. Although trading in the securities market is where most novice traders begin, a complete education shouldn't stop there. A good trading course will include instruction in currency trading (the Forex market), short selling (selling borrowed stock) and playing the futures market (buying and selling commodity contracts for future delivery).