Is it possible to learn trading on your own by reading books, articles or watching videos?
As in any other business, in order to learn how to trade on the stock exchange, you must first undergo training.
Some people graduate from university for this purpose, others are taught by a trader they know, and the majority have to go through this path on their own.
The site receives a lot of letters from visitors who ask how realistic it is to learn trading on your own?
Since I also had to learn this profession from scratch, I will be glad to share my experience with readers.
Ten years ago, when I started trading on the stock exchange, there was not such an abundance of training courses and most of the information had to be obtained empirically.
In addition, I read most of the books on stock trading that existed at the time, which allowed me to understand the psychology of trading and how the market works.
So, the answer to the question of whether it is possible to learn trading on your own is yes.
Self-study is not suitable for everyone
Every person has their own unique personality, and self-organization isn't exactly a common trait. I was able to master stock trading on my own only because I'm quite organized by nature:
That said, I can say that the best choice for most people wishing to become a trader right now is to attend online trading courses - https://time-forex.com/info/besplatnoe-obuchenie-trejdingu
Most of these are offered by brokers absolutely free of charge. However, I wouldn't recommend paying large sums for courses from various "trading gurus," as their courses are generally no different from existing free alternatives.
In my opinion, the best results come from combining trading on a demo or cent account with attending an online training course.
It's also a good idea to have a daily schedule that clearly defines your work and study time.
For example, I prefer to trade before lunch and study something new in the afternoon. In my opinion, this time management option is more optimal.
It's also worth noting that technically, trading on Forex is much simpler than on the stock or commodity markets, although these types of trading have now been simplified to the maximum extent thanks to the introduction of contracts for difference (CFDs ).
Finally, I'd like to share the most important secret to learning how to trade on your own: start right now, without putting it off until tomorrow, Monday, or the first of next month.
