Tuesday, June 7, 2016

4 Online Programs Ideal for Beginning Traders

The concept of investing in the stock market is one that holds appeal for many people from diverse backgrounds, and with opportunity to make unlimited money, it’s one of the main ways people can earn a reasonable return on their money.

While investing in the stock market can be alluring, and can ultimately also prove to be very valuable, it’s not necessarily something that can be done without prior knowledge or education. Investing in the stock market can be complex, and having at least a general understanding of terminology and concepts can go a long way for novices.

Below are four online trading training courses that are ideal for beginners as they begin to dabble in the stock market.

Training Traders
Training Traders is a well-known online learning center that offers programs in-house as well. Participants can enroll in classes aimed at day trading, long-term or position trading, and all education is based on the Price Behavior methodology. This particular trading method is versatile enough to be used not only for stock trading, but also currency or futures trading. Training Traders also utilizes a Trading Software System, that helps traders of all experience levels gain an advantage.

Online Trading Academy
Founded in 1997, Online Trading Academy features a patented training strategy that aims to help students identify high profitability and low-risk opportunities. As well as online courses, Online Trading Academy also operates more than 30 financial education centers around the world. All instructors are experts who have been part of the market, including brokers and business leaders, and each is not only an experienced online trader but is also actively involved in trading through their own account.

Timothy Sykes Millionaire Challenge
Timothy Sykes has become somewhat of an icon in the penny stock trading industry. His popular blog has earned him many followers, and his Millionaire Challenge provides a way for anyone to register and then learn his secrets for turning penny stock trading into wealth. The learning tools offered through the Millionaire Challenge are designed to help students learn from their own trades as well as from the experience and expertise of others. While the other names on this list are great for learning the general ins and outs of stock trading, Timothy Sykes Millionaire Challenge is really for people who want to hone in on penny stocks, specifically.

Day Trading Academy

With a collaborative approach to training and trading Day Trading Academy brings together experienced and beginning traders, with the concept of everyone helping each other succeed. There is no software that’s part of this program, and instead, the goal is always to teach students how to read the market. The curriculum is split into four sections: beginner, intermediate, advanced and pro and two classes are held each week so that students can cover relevant topics and review the market together, live. All of the live trading classes, reviews, and daily market recaps are recorded and saved into the video library so users can participate in training whenever it’s convenient for them.