Stock Trading Seminars
The fastest, least expensive, and most enjoyable way to learn how to make money stock trading is to enroll in a stock trading seminar either online or in person. Choosing the best one is crucial to your success. This guide will show you what to look for and how to find the ideal one for you. Learning the right way to stock trade is the best investment you will ever make.
The problem is today so many of the so called seminars are nothing but a sales pitches. Step one is you pay a huge amount for the seminar ($1000-$4000) for a two day seminar with the "top" stock traders (most you have never heard of) who are going to share their "secrets" to getting rich quick with you and the other 3,000 people in the room. During the seminar you are most likely going to be hear about their incredible software and other products that practically guarantee you will make money. Of course these products are usually at least another $1,000 or so. Most of these stock trading seminars are organized by a broker or software manufacturer so expect a hard sell throughout the entire day(s). Often the rest of the seminar is a demonstration of all the trades made by these experts through using this software complete with a circus of slides, charts, diagrams, and entry and exit points. Of course there is zero proof any of these trades were ever made.
Red Flags Regarding Stock Trading Seminars:
- Make sure that the company offering the course doesn't profit from any day trading you eventually do.
- Make sure the course doesn't try to sell you any automated trading software.
- Are these "Expert" still trading or mainly teaching? Only go to a seminar where the "Experts" actually trade for a living as well as teaching the seminars.
- Do the people in their website's testimony look like actors and their testimonies seem scripted
- The stock trading seminar company has no previous attendees that are making money from their seminar's instruction for you to contact.
- There is no follow up support after the seminar is over- no forums, chatrooms, customer service to answer questions about the material from the seminars,
The Techniques and Markets Stock Trading Seminars Should Cover:
The course should cover a the full spectrum of trading styles -
- Scalping
- Short Term Trading
- Swing Trading
- Position Trading
- Short selling (selling borrowed stock)
The course should cover the full spectrum of asset classes -
- Stocks
- Exchange Traded Funds (ETFs)
- Options
- Futures (buying and selling commodity contracts for future delivery)
- Currencies (the Forex market)
- PRESERVATION OF CAPITAL -Understanding and use of a STOP LOSS
- Investment Theory for Stocks
- Types of trading accounts- choosing a broker types of orders, brokerage features to consider
- How to trade based on structure and price patterns (Technical Analysis)
- Developing a trading plan- why 90% of traders loose their money to the other 10%
- Money Management and Position Sizing
- Trading Psychology and Discipline Concepts
- Understanding probabilities and how to capitalize on them
- Fundamental vs. Technical Analysis
- The Trend is Your Friend- understanding trend lines and how to trade them
- Volume- Interpretation, Importance and Analysis
- Price Charts- Types, Explanation and Definition
- Applying Technical Analysis
- Trend Analysis- drawing proper trend lines
- Support and Resistance, Trading Ranges
- Accumulation and Distribution
- Moving Averages
- Common trading mistakes
- Breakouts- what they are and how to identify and profit from them
- Technical analysis patterns:
- Reversal Patterns- recognizing and how trade them
- Head and Shoulders Top and Bottom
- Double Tops and Double Bottoms
- Triple Tops and Triple Bottoms
- Spike V Top
- Spike V Bottom
- Cup with Handle
- Continuation Patterns- recognizing and how trade
- Symmetrical Triangles
- Ascending Triangles
- Descending Triangles
Stock Trading Seminars Explained:
- Stock trading seminars are everywhere. These courses are for the most part unregulated. Definitely look for online reviews and complaints.
- Do they demonstrate their techniques in real time while the market is open?
- Do you recognize the names of any of the "Expert Speakers"? Google everyone of them.
- Are the instructors full time professional traders?
- If online is there a - Reality - Based Stock Market Training Game - allow the beginning student the ability to learn trading without the monetary risk. A new trader can take their "virtual investment fund" of $50,000 etc. and hone their trading skills by trading in real time with true stock market prices.
- Do they offer free "retakes" of their stock trading courses or at least a discount.
- Find out exactly what you are getting for your money.
- Is there a video tape of the seminars are available and how much?
- What exactly is covered in this stock trading seminar?
- If online do they have interactive virtual classes?
- What are you entitled to once your initial instruction is through? Is there a forum for students or an online chatroom of fellow attendees?
- If on-location how many people are normally in a seminar?
- Is there an archive of audio clips of the seminar to purchase?
- Do they have a newsletter, blog, radio show (Online Trading Academy does)?
Stock Trading Seminars here
With all of the scams and waste of money seminars out their I truly hope that by using our guide you find the perfect one and become an incredibly successful trader.
© 2010
Stock Trading Seminars