On the way to becoming a professional day trader, you will come across terms such as technical analysis, and risk/reward to name just two. There are lots of free day trading courses available and some people choose this option. However, day trading is simple but not easy and statistics suggest that over 97 percent of people who try day trading are unsuccessful at it.
That’s why undertaking paid for education is recommended. Day trading is a skill like any other. An investment in yourself and developing skills through education does offer an advantage. It does not guarantee success but it does increase your chances of attaining your goal.
The mistake most people make is looking at the cost of education rather than looking at the cost of no education. Both in terms of the cost of losses and the cost of loss of time trying to learn on your own.
What Kind of Stock Trading Courses are Available?
Like any other potentially lucrative field, there is a saturation of information on every topic. Being able to discern which courses are quality and which are not will save you time, money, and stress. To begin with, we recommend immediately discounting any course that guarantees a profit. That is an unattainable level of success to offer all prospective clients.
The next thing you need to identify is what you want to learn about the stock market. There are great courses on every level of topics, including:
- Basic buying, selling, and introduction to the stock market
- Chart reading, technical analysis, and entry points
- Options trading
- Trading software and best brokerage practices
- Emotional management and the psychology of day trading
- Swing trading, ETF investing, and long term strategies
There are dozens of other specific courses as well, but these will most likely cover what you need for a tremendous starter program.
What are the Characteristics of High-Quality Day Trading Courses?
The New York Stock Exchange has been around since 1817, and it’s a safe bet that there have been courses available since then. As recently as the early 2000s, the most famous stock trading courses were actually still conducted on Wall Street. While there are likely still New York City-based classes (and plenty of other in-person opportunities). Just like assessing a stock setup, it is important to look at some indicators of what makes a good trading course.
Flexible Training Opportunities
There are plenty of day trading courses that advertise sessions where you watch their ‘top trader’ during a session in order to replicate their strategy. The reality is that this approach will not work out for most people in the long run, as no person is wired the same way in how they trade. The goal of trading courses is to provide you with independence, and this method would require all too much hand-holding to be ideal.
The stock market evolves every single day. Thus, courses should be offering you information based on historical trends, but also how changes in the market can affect these moving forward. Being ahead of the curve in the market is extremely valuable, and if a teacher or professional can clearly explain why these trends might change, you can leverage that information.
Results to Backup their Claims
Trading stocks is a zero-sum game with a clearly defined scorecard – how much have you returned on your investment? Though the goal is not to brag or flaunt financial success, the best courses should have teachers with proven results both individually as well as for their students. Don’t feel shy about inquiring about what makes ‘gurus’ qualified.
StockAbility™ vs. Other Educators
The difference in StockAblity™’s courses vs. other online trading academies isn’t necessarily in structure or scope. There are plenty of programs that give you legitimate training for day trading and long-term investment.
Where StockAbility™ shines is in our thorough commitment to empowering people via accessible information, and having our programs remain affordable from start to finish. In conjunction with having top-notch educational tools, we understand that without empowering our students via financial independence, our mission is not complete.
We don’t just teach one strategy as we know that everyone is different. We also don’t teach strategies that can be found on free education sites. In fact, two of the strategies that we teach are patent pending.
This means our reputation is at stake with each course someone signs up for, and if our success rate was not as high as it is, we wouldn’t have the following we do today. Our courses are self-paced, but create clear goals. The follow-up work is not predetermined; we work to evaluate the interests and strengths of our students, and give them multiple coaching options. This allows for people to get the best training possible in styles that suit them, which is a springboard for long-term success.
When it comes down to it, our goal is to let people live life on their own terms via financial independence and wealth management practices. Signing up for a course is just the first step in becoming part of our community.
To invest in your stock trading career, our first recommendation is to sign up for a complimentary webinar StockAbility™. If you don’t like what you see, you haven’t spent a dime. We’re inclined to believe you’ll come away with some valuable information that only costs you a bit of time. Alternatively, for just $99 you can purchase our introductory Trading and Investing Orientation Course.
Time is extremely valuable, however, and we recognize that. This is why our day trading courses are no-nonsense linear programs that address specific topics for you to choose from. These include:
Our Foundation Program is the best place to start if you are fresh to the financial markets. The program is a mixture of live and on-demand learning that is designed to equip even the most inexperienced and uneducated people with the tools they need to start trading and investing for themselves.
Our Multi-Asset Program is designed for both traders and investors alike as you get to choose which second course you want to take, tailoring the experience to your needs. Whether you are a new or experienced trader looking for a deeper understanding of the opportunities available from trading different assets, or an investor looking to take control of your own finances, we have the course for you.
Our Complete Portfolio Program is designed for those looking for the most rounded and diverse approach to trading and investing in the markets. You’ll get two years to really absorb and understand the various asset classes. You’ll come away with deep understanding of the markets and how to trade for both passive and active income, no matter what the market conditions.
Much like trading stocks, there are different assets for you to choose from. They will all help shape you into a more educated investor, and there is even an aptitude quiz to let you see which program is best suited for where you are at in your trading journey.
Your Money, Your Move
In order to consistently invest in the stock market successfully, you must first invest in your knowledge. StockAbility™ has decades of experience in the industry, and we believe we are second-to-none when it comes to empowering people to live with financial freedom.
If you are considering day trading for a living, sign up for a complimentary webinar today – it’s your money, your move, and your time to take charge of it.